Trade Finance Operations

Job Scope

Import Trade Transactions

• Process and authorize import trade transactions including LC issuance/amendments, shipping guarantees, bank guarantees, SBLC, import document checking, collections (DA/DP), invoice financing, and TR loans.
• Examine import and collection documents and authorize acceptances, financing, and payments.
• Ensure all transactions comply with approved terms and conditions.

Export Trade Transactions

• Process and authorize LC advising and confirmations.
• Examine export and collection documents (DA/DP).
• Authorize export financing (OA, DA, DP), acceptances, payments, OA loans, and factoring transactions.

Financial Institutions Transactions

• Process and authorize trade loans, reimbursement finance, and risk participation (funded/unfunded) including drawdowns, rollovers, and repayments.
• Handle related outward remittances and fee collections.
• Monitor overdue transactions and report to Team Head/HOD/RM when necessary.
• Review weekly trade bills and monthly trade finance reports.
• Liaise with customers and RMs on trade matters.
• Support trade and AML projects, system enhancements, UAT, and new product setup.
• Assist in reviewing and updating trade and AML policies and procedures.

Anti-Money Laundering (AML)

• Perform AML name screening for trade and FI transactions.
• Obtain Compliance approval for transactions involving sanctioned countries (FATF/OFAC).
• Handle AML/CFT queries from internal stakeholders.
• Conduct AML assessments on trade finance transactions and SWIFT messages.

Key Competencies

• Knowledge of UCP600, URC522, ISP98, and ISBP.
• Working knowledge of SWIFT Alliance.
• Awareness of AML/CFT regulations and operational risk.
• Strong communication and interpersonal skills.
• Proficiency in Microsoft Word and Excel.
• Diploma/Degree with minimum 5 years of relevant banking operations experience.

23C1935

R1105492