- Work in the Operations Middle Office team in Singapore which handles predominantly Trade Finance,Guarantees, Loans and some Remittances;
- To handle customer enquiries regarding mainly trade finance transactions; liaise with counterparties regarding documents' discrepancies after checking by Hub/ back office.
- Remit Trade Finance documents and processing of loans (mainly trade-related loans);
- Review of Midas system transactions and reconciliations after input by Hub;
- Prepare/check Guarantees Letters / fees invoices etc
- Funding for loan drawdown and rollover;
- Prepare instructions for Loans/Guarantees/Trade Finance for input by Hub;
- Setup/ create customer record in Midas and input all authorized signatories/ directors/ beneficiary owners;
- Download SWIFT AMH messages;
- Perform market price checks and enquiry in Trade Finance Registry;
- Check account opening forms and documents;
- Handle remittances & provide month-end bank statements to customers;
- Follow up un-reconciled Nostro items with counterparties;
- Prepare reports required for regulatory or internal purpose;
- Handle audit confirmation requests from customers;
- Assist on World-check and FIRCO checks as and when required;
- Assist on other duties/ reports or back-up functions as assigned by the Head of Production
- At least 6 - 8 years hands-on experience in Trade Finance;
- Experience in Loan administration;
- Bachelor Degree or Diploma in Banking / International Trade / Business Administration / Finance or similar.
- UCP600 & ISBP knowledge required.
- Able to handle full set of Import/ Export documents including LC and all related document checking,financing, discounting, advising, collection, SBLC etc.
- Good knowledge and familiarity with Singapore banking regulations/ practices and regulatory reporting requirements.
- PC skills – words, excel etc.
- Experience with transition to new system or project handling will be advantageous.
- Fluent in written and spoken English. Ability to converse in Mandarin is preferred.
- Strong interpersonal and communication skills;
- Customer-oriented;
- Well-organized and meticulous/ keen eyes for details;
- Self-motivated and ability to work in a multi-cultural environment;
- Strong team player with ability to work independently;
- Ability to work under pressure.
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Trade Finance Operations - Singapore - BBVA
Description
Job Purpose & Objectives
Key Responsibilities
Management.
Qualification & Experience
Knowledge & Skills
Language
Other Skills (e.g. Interpersonal, Communication etc)
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Finance Operations
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