Our client who is into commodities trading is looking to recruit a Trade Finance Executive.
. Responsibilities:
1. Handling Letters of Credit:
Review and process Letters of Credit, ensuring compliance with all relevant terms.
Verify and validate accuracy of documents required for Letters of Credit transactions.
Facilitate any necessary amendments to Letters of Credit in collaboration with banks and relevant stakeholders.
2. Preparation of Export Documents:
Prepare and submit accurate export documents in adherence to Letters of Credit and contract terms.
Ensure all documents are complete, accurate, and submitted within specified timelines.
3. Freight Loan Management:
Administer and manage freight loans, including the processing of relevant documentation and communication with financial institutions.
4. Trust Receipts:
Handle trust receipt transactions, always ensuring compliance.
5. Export and Import Letters of Credit Verification:
Verify export and import Letters of Credit to confirm accuracy and adherence to contractual obligations.
6. Negotiation of Shipping Documents:
Liaise with banks for the negotiation of shipping documents.
7. Maintenance of MIS:
Maintain accurate records of Letters of Credit- related transactions.
8. Coordination with Buyers and Suppliers:
Collaborate with buyers and suppliers to ensure smooth processing of Letters of Credit and resolve any related issues.
9. Additional Duties:
Undertake any other trade finance- related tasks and projects assigned by Management.
Requirements:
Minimum 3 years of experience in a similar role within the commodities trading industry.
In- depth knowledge of international trade regulations, banking terms, UCP600, and incoterms.
Excellent written and verbal communication skills.
Detail- oriented with a high degree of accuracy in document processing.
Ability to work independently and as part of a team.
Excellent communication skills to be able to manage multiple stakeholders properly
Salary: Upto 4,000 SGD PM (open for negotiations)
Work Week: Monday - Friday
Work Location: Robinson Road
Interested candidates may please email their resume in MSWord format to jobs@saitech.com.sg
Job posted by
Bhanu Rajan
Saitech Intl
EA Regn R1106079