jobs in SHINHAN BANK

SHINHAN BANK Hiring! Full Time Trade Finance Associate in Central Region (Singapore), Earn up to SGD 3,200 - Ricebowl

Trade Finance Associate

Central Region (Singapore)

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Working Location

  • 8 MARINA VIEW Central Region (Singapore) Singapore

Job Description

Responsibilities

  • Handles the processing and settlement of the full spectrum of Documentary Trade transactions such as Letter of Credit (LC) Issuance, Advising, Confirmation, Negotiation, and Documentary Collections.
  • Performs document checking against LC terms and related ICC rules.
  • Handles the processing of various LC-related products such as Transferable LC, Back to Back LC, LC Financing.
  • Handles the processing of other Trade Finance products such as Bill Discounting, Invoice Financing and Forfaiting/Factoring transactions.
  • Ensures proper documentation of transaction records.
  • Liaise with customers to provide specialized advice and answer customers’ queries.
  • Performs Sanction screening, AML red-flag checks for trade transactions.
  • Participate in UAT and project as assigned.
  • Carry out any other duties and responsibilities as instructed by the manager.

 [Requirements]

  • Minimum 2 years of trade finance experience
  • Minimum Diploma holder or equivalent
  • Motivated hard working team player who takes initiative
  • Meticulous and able to multi-task, and is able to thrive in a fast-paced working environment
  • Good communication and interpersonal skills
  • Excellent organizational and time-management skills
  • Good understanding of Sanctions and Regulatory requirements such as EU, OFAC, UN Sanctions.
  • Good working knowledge of UCP, ISBP, URC, URR, Swift MT/MX messaging would be a plus
  • Candidates without prior work experience are welcome to apply.
  • Proficiency in Korean and English will be an advantage, as the role involves communication with Korean-speaking clients and stakeholders.

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