Trainee Officer (Global Commodity Finance)- Up to $3800

Success Human Resource Centre Pte Ltd| Date Posted: 22-Jun-2019
EA Licence No: 97C4832|EA Personal Registration No: R1107386
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Job Nature:
Contract
Position Level:
Entry Level, Experienced
Qualification:
ITE/ NITEC/ Higher NITEC, Diploma, Bachelor's / Honours

Job Description

 

  • 12 Months contract (renewable)
  • Mon – Fri 8.30am to 6pm
  • Robinson Road
  • $3500 - $3800

 

Responsibilities:

• Preparation of daily transactions

  • In direct active liaison with Global Commodity Finance customers in running of the daily transactions, monitoring client’s overall position, and rendering assistance to Relationship Managers in their functions
  • Review of the sale / purchase contracts / LC & SBL/C formats, import and export bills, other supporting documents related to the transactions
  • Check client’s financing requests versus approvals with identification and information on variances and advise on mitigating factors in containing the transaction risks/deviations
  • Realize a due diligence on the counterparties involved such as risk of performance, credit risk, compliance risk (as per the Bank’s procedures);
  • Preparation of the ticket for approval (TAP), LGDs, Overall client position and Summary of Outstanding, Inventory Follow-up Report (for transactions involving storage financing) all to be submitted to Relationship Managers

• Collateral Risk Management, monitoring on client’s position

  • Update client’s position and follow through the life of the transaction (loading dates, receipt / release of Title Documents, receipt of export instruments, checking export LCs) with identification and information on variances
  • Perform collateral risk management ensuring that all times there is no collateral shortfall
  • Monitor / Update the client overall Mark-to-Market position in line with the latest credit approval

• Meeting with clients / Credit request

  • Meet clients / prospects as and when required; assist in the writing-up of pre-call memos / call memos
  • Assist the Relationship Manager in the setting-up of credit requests with description of the client background, activity, strategy, size, performance, hedging policy, and propose potential amendments to the existing credit facilities

• Handling of specific documentation / reports

  • In association with Legal Department, SDOC and the RM prepare notification of receivables, risk cover contracts, business relationship confirmation, tripartite agreements, CMA/SMA, Pledge Agreements
  • Together with the Relationship Manager, realize accreditation of new warehouse operators
  • Prepare and Participate to Monthly Portfolio Review
  • Account Opening documentation and update on the existing documentation
  • Establish / review KYCs
  • Establish Letters of Offer together with the Relationship Managers

 

Period:

•       12 months contract  (renewable)

 

Location:

  • Robinson Road

 

 

Working Hours:

  • Mon – Fri: 8.45am - 5.15pm

 

Salary:

  • $3500 - $3800

 

Requirements:

  •  Minimum Second Class (Upper) Honours Degree specializing in Banking & Finance. Candidates from local university will be good.
  • Good interpersonal and communication skills
  • Team player who is able to multi-task
  • Analytical and meticulous
  • Proficient in Microsoft applications

 

 

Interested applicants, kindly email your detailed resume (MS Word format is preferred):

 

[Click Here to Email Your Resume] (Reg No: R1107386)

Please ensure that applications sent through email are no bigger than 1Mb.

We thank all applicants for your interest but regret to inform that only shortlisted candidates would be notified.

Success Human Resource Centre Pte Ltd (EA License Number: 97C4832)
1 Sophia Road, Peace Centre,
#06-23/29 Singapore 228149
T: 6337 3183 | F: 6337 0329 | W: www.successhrc.com.sg
 

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Success Human Resource Centre Pte Ltd