Perform trade document checking and processing/authorization of trade finance transactions, validation on daily transactions, ensure transactions conform with LC terms, approved facility conditions, trade commodity finance global policies/ guidelines, promptly report any deviations, prepare excess approval forms and ensure all transactions adhere to AML requirements.
Liaise with internal department, customers for cash collateral movement/top up, monitor transaction flow including update of spreadsheet used to monitor client's collateral, follow up of master LC, export proceeds, tracking goods movement, collateral value to ensure smooth turnaround of transaction.
Perform periodic reporting to MAS and HK Head Office on Management information.
Perform daily transactions in the absence of junior team members.
Perform month end reporting.
Prepare and participate in UAT activities for system implementation / enhancement / migration activities.
Deputise Team Head's duties in her absence.
Back-up Middle Office function in the absence of AVP, Middle Office.
Perform any tasks / duties as assigned by Department Head / Management from time to time.
Job Requirements:
University or polytechnic graduate in Banking, Business Administration, Finance, Accounting or related disciplines.
Minimum 12 years' experience in trade bills operations, preferably with exposure to structured commodity trade finance operations.
