Trade Finance

SIBILITIES :

• Check LC/SBLC draft from supplier against purchase contract/deal recap and the governance trade rules
• Send LC/SBLC draft to issuing bank to vet through
• Liaise with contract and operation colleagues for any issues pertaining to the LC issuance
• Together with the observations from the issuing banks, send the final draft to supplier for acceptance before issuance
• Once draft accepted, prepare bank application and obtain authorized signatory for issuing bank’s issuance
• Email to supplier a copy of the LC/SBLC after issuance and update into report timely

• Provide LC/SBLC draft to customers as well as check LC/SBLC draft from customers before issuance
• Ensure LC/SBLC draft complies with our sales contract and the governance trade rules
• Ensure LC to be issued from our approved bank lists. If not, LC to add confirmation
• Liaise with contract and operation colleagues for any issues pertaining to the LC issuance
• Once draft accepted, customers to issue LC/SBLC and after receipt of LC copy from bank, ensure it was issued in good order before informing operations on loadings to be commenced

• Prepare all payment vouchers for employee reimbursement and vendor payments
• Issue cheques for reimbursement less than S$1,000

• Maintain cashflow and ensure funds are duly received or paid to avoid any late receipt or payment
• Daily update cashflow positions

• Maintain bank charges or interest report by sub-books
• Update “HYII Facilities Position FY18” daily for review

• Proper filing of LC documents
• Verify all LC commissions, related bank charges are correct
• Any Ad-Hoc duties as assigned

JOB REQUIREMENTS :

• Degree in accountancy/finance/international trading is preferred. Fresh Graduates are welcome to apply and training will be provided.
• Good knowledge of Trade Finance process, such experience to handle import / export letter of credit, for expenses reimbursement and vendor payment, maintain cashflow smoothly
• Must be meticulous and possess flair for figures
• Well versed in Microsoft Office (Excel, Word etc)
• Independent yet a team player
• Strong initiative
• Good communication and interpersonal skills
• Bilingual in English and Mandarin preferred (to liaise with Mandarin speaking associates)
• Ensure cash flow are posted on time
• NO WORK PASSES SPONSORED. This position is open to Singapore Citizens and Permanent Residents only.