Trade Finance Associate

apartmentShinhan Bank placeBukit Merah scheduleFull-time calendar_month 
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
  • Ensures proper documentation of transaction records
  • Liaise with customers to provide specialized advice and answer customers’ queries
  • Performs Sanction screening, AML red-flag checks for trade transactions
  • Carry out any other duties and responsibilities as instructed by the manager
[Requirements]
  • Minimum 2 years of trade finance experience
  • Minimum Diploma holder or equivalent
  • Meticulous and able to multi-task, and is able to thrive in a fast-paced working environment
  • Good communication and interpersonal skills
  • Excellent organizational and time-management skills
  • Good understanding of Sanctions and Regulatory requirements such as EU, OFAC, UN Sanctions
  • Good working knowledge of UCP, ISBP, URC, URR would be a plus
  • Proficient or fluent in Korean to effectively liaise with Korean counterparts and clients (preferred)
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