Senior Trade Operations Representative

WELLS FARGO BANK, NATIONAL ASSOCIATION
  • Job category
    Banking and Finance, Logistics / Supply Chain, Professional Services, Others
  • Job level
    Professional
  • Contract type
    Permanent, Full Time
  • Location
    Central
  • Salary
    S$6291 - S$10168

Job Description

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Responsibilities:

  • Examination of Documents      presented under Commercial Letters of credit ( L/C ) and advise of any      discrepancies to customers.
  • Interact with customers to      provide explanation on discrepancies raised as required
  • Discount / Payment      processing and closure of loan.
  • Demonstrated understanding      of the importance of compliance and regulatory requirements in      International Banking.
  • Working knowledge of complex      L/C structure, documentation, governing rules, standards and regulations,      internal policies, international and domestic bank operations and credit      risk implications is an added advantage.
  • Good knowledge of various      import and export trade processes

Requirements:

  • Good knowledge of ICC rules      including UCP600, ISBP745, ISP98, URDG758, URR725 and URC522.
  • Good knowledge of Commodity      LCs, risks and mitigations.
  • Good knowledge of various      import and export trade processes
  • Good communication and      presentation skills.
  • Good MS Word, Excel &      PowerPoint skills.
  • Proven track record of      managing internal and external audits.
  • Good interpersonal and      communication skills.
  • Good Team Player.
  • At least 6 years of      relevant experience in Trade Finance transaction processing and Document      Examination is required.
  • CDCS certification is      preferable.

At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.

Team members support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.


Closing on 25 Apr 2021

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