[Foreign Bank] PERM Trade Finance Officer (Up to $4,400)

Recruit Express Pte Ltd| Date Posted: 4-Nov-2020
EA Licence No: 99C4599|EA Personal Registration No: R1986990
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Job Nature:
Position Level:
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, including but not limited to structuring of Letter of Credit (LC) or guarantee or Payment Risk Assumption format
  • Liaise with Front Office and Back Office on day-to-day basis
  • Liaise with other stakeholders (e.g. Compliance, Legal, ITO – Corporate Credit Control Team etc.) as and when needed
  • 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

Job Requirements

  • Minimum 3  years’ experience in handling Commodity / trade transactions
  • Knowledge of Compliance and AML topics
  • General knowledge of ICC Rules such as UCP 600, ISP 98, URC 522 etc.


Application Procedures
Interested candidates, please email your resume to:

Attention: Lynn Mak Ling Ling (CEI No. R1986990)
[Click Here to Email Your Resume]
Recruit Express Pte Ltd (EA No. 99C4599)

Company Overview
Recruit Express Pte Ltd