LALCO Group Hiring! Full Time Trade Finance Associate in , Earn up to SGD 6,500 - Ricebowl

ABOUT LALCO TRADING

LALCO Trading is a Singapore-based global commodity trading company specialising in the sourcing and distribution of essential commodities across key sectors. Our primary business revolves around the global trade and efficient distribution of agriculture products, edible oils, frozen meat, industrial scrap, minerals & mining materials, and pharmaceuticals. We partner with suppliers and buyers across the world to ensure reliable supply chains and high standards of trade excellence.

ROLE OVERVIEW

We are seeking an experienced and meticulous Trade Finance Associate to join our finance team at our Great World City office. In this role, you will be responsible for the processing and settlement of a full range of documentary trade and trade finance transactions, ensuring compliance with regulatory requirements and international trade finance rules. You will play a key role in supporting the company's global commodity trading operations.

KEY RESPONSIBILITIES

· Handle the processing and settlement of the full spectrum of Documentary Trade transactions including Letter of Credit (LC) Issuance, Advising, Confirmation, Negotiation, and Documentary Collections

· Perform document checking against LC terms and related ICC rules (UCP, ISBP, URC)

· Handle the processing of LC-related products such as Transferable LC, Back-to-Back LC, and LC Financing

· Process other Trade Finance products including Bill Discounting, Invoice Financing, and Forfaiting/Factoring transactions

· Monitor payment and acceptance of import/export bills and ensure timely acceptance; escalate to Management when necessary

· Coordinate with internal departments on the status of export negotiations and dispatch of export documents

· Ensure proper and accurate documentation of all transaction records

· Perform Sanctions screening and AML red-flag checks for trade transactions as required

· Carry out any other duties and responsibilities as directed by the Manager

REQUIREMENTS

. At least 6 to 8 years of work experience in the field of Financial Reporting, preferably within a major commodity trading house.

· Minimum Diploma in Banking, Finance, Business Administration, or a related discipline

· Good understanding of Sanctions and Regulatory requirements including EU, OFAC, and UN Sanctions

· Working knowledge of international trade finance rules: UCP 600, ISBP 745, and URC 522

· Proficiency in Microsoft Excel and relevant accounting or trade finance software

· Familiarity with trade finance platforms and SWIFT messaging is an advantage

SKILLS & COMPETENCIES

· Meticulous and highly detail-oriented with the ability to spot discrepancies in complex documentation

· Ability to multitask and thrive in a fast-paced, deadline-driven trading environment

· Good communication and interpersonal skills for liaising with banks, counterparties, and internal teams

· Excellent organisational and time-management skills

· Strong understanding of AML red flags and compliance best practices in trade finance

· Self-motivated with the ability to work independently and as part of a team

POSITION DETAILS

• Job Title: Trade Finance Associate
• Employment Type: Permanent (Full-Time)
• Work Location: Great World City Office Tower, Singapore
• Salary Range: SGD 4,500 – 6,500 per month (commensurate with experience)
• Work Arrangement: On-site

job

Pay: $4,500.00 - $6,500.00 per month

Work Location: In person