Shinhan Bank Singapore

Trade Finance Officer

Posted: 11 hours ago

Job Description

Job Description & RequirementsHandles 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 Forfaiting.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’ queriesPerforms Sanction screening, AML red-flag checks for trade transactionsCarry out any other duties and responsibilities as instructed by the manager  RequirementsMotivated team player who takes initiativeMeticulous and able to multi-task, and is able to thrive in a fast-paced working environment Good communication and interpersonal skills Minimum 2 years of trade finance-related experience. Minimum Diploma holder or equivalent 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, ISP, and URDG would be a plusMust be proficient in Korean to effectively liaise with Korean counterparts and clients, ensuring smooth communication and understanding of business needs  

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