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Senior Trade Finance executive

Senior Trade Finance executive

direct search asia pte. ltd.
2-5 Years
SGD 5,000 - 7,000 per month
Early Applicant
  • Posted 3 days ago
  • Be among the first 10 applicants

Job Description

Responsibilities:

Handle end-to-end trade finance operations,including letters of credit, documentary collections, bank guarantees andstandby letters of credit.

Review letters of credit and tradedocumentation, including commercial invoices, bills of lading, certificates andinsurance documents, to ensure accuracy and compliance with contractual andbanking requirements.

Prepare, check and submit trade financeapplications, amendments, drawdowns and supporting documents to banks withinrequired timelines.

Identify documentary discrepancies, assesstransaction risks and coordinate timely rectification with internalstakeholders, banks and counterparties.

Monitor trade finance facilities, limits,utilisation, maturity dates, fees and financing costs, and maintain accuratetransaction trackers and records.

Liaise with relationship banks ontransaction processing, facility documentation, pricing and operationalmatters.

Ensure transactions comply with internalapproval authorities, maker-checker controls, AML, sanctions and otherapplicable regulatory requirements.

Coordinate closely with Commercial,Operations, Finance, Legal and Compliance teams on shipping, bunkering andtrading transactions.

Support cash flow planning by providingvisibility on upcoming payments, receipts, financing obligations and facilityavailability.

Guide junior team members, prioritiseurgent transactions and review work for accuracy and completeness.

Assist in improving trade financeworkflows, templates, controls and reporting processes.

Perform other duties and ad hoc assignmentsas required.

Job Requirements:

Diploma or Degree in Finance, Banking,Accountancy, Business, Economics or a related discipline.

At least 5 years of relevant trade financeexperience, preferably within the shipping, bunkering, commodities trading ormaritime industry.

Sound practical knowledge of letters ofcredit, documentary collections, bank guarantees, standby letters of credit andshipping documents.

Good understanding of trade financecontrols, sanctions, AML requirements and common banking practices.

Experience dealing with banks and managingtrade facilities, transaction documentation and time-sensitive submissions.

Strong attention to detail with the abilityto identify discrepancies and manage multiple transactions independently.

Good written and verbal communicationskills, with the ability to coordinate effectively across internal departmentsand external parties.

Proficient in Microsoft Office experiencewith ERP, treasury or trade finance systems is an advantage.

Able to work independently in a fast-pacedenvironment and meet tight deadlines with a high level of integrity andaccountability.

More Info

Job Type:
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Key Skills

bank guarantees

AML requirements

standby letters of credit

sanctions

trade finance systems

banking practices

transaction documentation

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