Corporate Banking Transaction Support - Trade Finance, Client Servicing (Up to $5K)

Recruit Express Pte Ltd| Date Posted: 26-Sep-2019
EA Licence No: 99C4599|EA Personal Registration No: R1986990
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Job Nature:
Permanent
Position Level:
Experienced
Qualification:
'A' Levels, Diploma, Bachelor's / Honours

Job Description

Jobs Responsibilities

  • Client fronting and being the main point of contact for clients on day-to-day operations, such as requesting for supporting documents, instructions, clarification of terms and conditions
  • Provide advisory to the client - Letter of Credit (LC) or guarantee or Payment Risk Assumption (PRA) format
  • Liaise with Front Office (CTS Specialists and RMs) and Back Office (Operations) on day-to-day basis
  • Liaise with other stakeholders (e.g. Compliance, Legal, ITO – Corporate Credit Control Team etc.)
  • Perform risk and technical assessments of the transactions to ensure compliance with the framework of the Credit Approval and the Bank’s general procedure  
  • Perform matching of LC terms and conditions for transactions supported by an Export LC 
  • Prepare Approval Tickets for proposed transaction and obtain the necessary approvals
  • Perform Anti-Money Laundering (AML) Screenings and raise Mandatory Analysis Grid (MAG) for new transactions
  • Update transaction and collateral details in client’s position in a timely manner
  • Perform proper transaction, collateral and position monitoring of existing transactions
  • Maintain proper physical records of transactional and collateral documents, including but not limited to copies of Purchase contracts, Sales contracts, Client’s application and bank line allocation etc. 
  • Cash Management of client’s funds, including preparing placement and release instructions for collaterals and margin
  • Perform PDD checks for incoming and outgoing remittance instructions in favor of and by order of clients of CTS Singapore, including but not limited to transactions financed by the Bank
  • Participate in discussion on structuring of the proposed transaction and/or provide feedback on the operational modus operandi of the facility as and when requested by the Front Office 
  • Other ad-hoc duties as and when assigned

 

Job Requirements

  • Min. 3-5 years of trade finance experience in a bank, including liaising with clients

 

Application Procedures

Interested candidates, please email us your resume in MS WORD FORMAT, including details of work experience, qualifications, present and expected salaries and contact numbers to:

Attention: Lynn Mak Ling Ling (CEI No. R1986990)

[Click Here to Email Your Resume]

Recruit Express Pte Ltd (EA No. 99C4599)

 

Please indicate the position applying.
Note: Remuneration and fringe benefits are competitive and will commensurate with qualifications and experience. Only short listed candidates will be notified.
Tel: 64380998

Company Overview
Recruit Express Pte Ltd