Trade Finance Associate

We are partnering with a newly established commodity trading firm in search for a Trade Finance Associate.

Job Description

• Handles the processing and settlement of the full spectrum of Documentary Trade transactions such as Letter of Credit (LC) Issuance, Advising, Confirmation, Negotiation, and Documentary Collections.
• Performs document checking against LC terms and related ICC rules.
• Handles the processing of various LC-related products such as Transferable LC, Back to Back LC, LC Financing.
• Handles the processing of other Trade Finance products such as Bill Discounting, Invoice Financing and Forfaiting/Factoring transactions.
• Monitor payment/acceptance of import/export bills and ensure timely acceptance. Escalate to Management on time, when necessary.
• Coordinate with internal departments on the status of export negotiations and the dispatch of export documents.
• Ensures proper documentation of transaction records
• Performs Sanction screening, AML red-flag checks for trade transactions, when required/requested.
• Carry out any other duties and responsibilities as instructed by the manager

Requirements

• Minimum Diploma holder or equivalent with 5 years of trade finance experience
• Good understanding of Sanctions and Regulatory requirements such as EU, OFAC, UN Sanctions
• Good working knowledge of UCP, ISBP and URC
• Proficiency in Microsoft Excel and accounting software

If you believe this opportunity is right for you, please send us your CV for a confidential chat.

We regret to inform only shortlisted candidates will be in touch.

EA 18S9493 | R1544508