- Singapore
VY SYSTEMS PTE. LTD. Hiring! Full Time Senior Trade Finance Executive in , Earn up to SGD 7,000 - Ricebowl
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Job Description
Responsibilities
Job Description & Requirements
Responsibilities:
Handle end-to-end trade finance operations, including Letters of Credit (LC), Documentary Collections, Bank Guarantees and Standby Letters of Credit (SBLC).
Review trade and shipping documents such as commercial invoices, bills of lading, certificates and insurance documents for accuracy and compliance.
Prepare, verify and submit trade finance applications, amendments, drawdowns and supporting documents to banks within required timelines.
Identify documentary discrepancies, assess transaction risks and coordinate timely rectification with internal stakeholders, banks and counterparties.
Monitor trade finance facilities, limits, utilisation, maturity dates, fees and financing costs.
Liaise with relationship banks on transaction processing, facility documentation, pricing and operational matters.
Ensure compliance with internal controls, AML, sanctions and applicable regulatory requirements.
Coordinate with Commercial, Operations, Finance, Legal and Compliance teams on shipping, bunkering and trading transactions.
Support cash flow planning and provide visibility on upcoming payments, receipts and financing obligations.
Guide junior team members and support improvements to trade finance workflows, controls and reporting.
Requirements:
Diploma or Degree in Finance, Banking, Accountancy, Business, Economics or a related discipline.
Minimum
5 years of relevant trade finance experience
, preferably in shipping, bunkering, commodities trading or the maritime industry.
Strong practical knowledge of
Letters of Credit, Documentary Collections, Bank Guarantees, SBLCs and shipping documentation
.
Good understanding of trade finance controls, AML, sanctions and banking practices.
Experience dealing with banks, managing trade facilities and handling time-sensitive submissions.
Strong attention to detail and ability to manage multiple transactions independently.
Good written and verbal communication skills.
Proficient in Microsoft Office; ERP, treasury or trade finance system experience is an advantage.
Able to work independently in a fast-paced environment, meet tight deadlines and demonstrate high integrity and accountability.
Vy
SYSTEMS PTE. LTD.
Vy Systems offers Technology talent sourcing services (G-TTSS) as one of its primary offering to the customers at global locations. We service our customers with ‘RESPONSIVENESS’ as a key factor and believe that timely response to a TTSS transaction accelerates the revenue, thus increasing the productivity that results in operational efficiency and profitability.
Responsibilities:
Handle end-to-end trade finance operations, including Letters of Credit (LC), Documentary Collections, Bank Guarantees and Standby Letters of Credit (SBLC).
Review trade and shipping documents such as commercial invoices, bills of lading, certificates and insurance documents for accuracy and compliance.
Prepare, verify and submit trade finance applications, amendments, drawdowns and supporting documents to banks within required timelines.
Identify documentary discrepancies, assess transaction risks and coordinate timely rectification with internal stakeholders, banks and counterparties.
Monitor trade finance facilities, limits, utilisation, maturity dates, fees and financing costs.
Liaise with relationship banks on transaction processing, facility documentation, pricing and operational matters.
Ensure compliance with internal controls, AML, sanctions and applicable regulatory requirements.
Coordinate with Commercial, Operations, Finance, Legal and Compliance teams on shipping, bunkering and trading transactions.
Support cash flow planning and provide visibility on upcoming payments, receipts and financing obligations.
Guide junior team members and support improvements to trade finance workflows, controls and reporting.
Requirements:
Diploma or Degree in Finance, Banking, Accountancy, Business, Economics or a related discipline.
Minimum
5 years of relevant trade finance experience
, preferably in shipping, bunkering, commodities trading or the maritime industry.
Strong practical knowledge of
Letters of Credit, Documentary Collections, Bank Guarantees, SBLCs and shipping documentation
.
Good understanding of trade finance controls, AML, sanctions and banking practices.
Experience dealing with banks, managing trade facilities and handling time-sensitive submissions.
Strong attention to detail and ability to manage multiple transactions independently.
Good written and verbal communication skills.
Proficient in Microsoft Office; ERP, treasury or trade finance system experience is an advantage.
Able to work independently in a fast-paced environment, meet tight deadlines and demonstrate high integrity and accountability.
Vy
SYSTEMS PTE. LTD.
Vy Systems offers Technology talent sourcing services (G-TTSS) as one of its primary offering to the customers at global locations. We service our customers with ‘RESPONSIVENESS’ as a key factor and believe that timely response to a TTSS transaction accelerates the revenue, thus increasing the productivity that results in operational efficiency and profitability.
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