Trade Finance Senior Officer

The Bank is looking for a Trade Finance Senior Officer in the Trade Finance Department. This is a back-office function that handles end-to-end processing, document checking, settlement, compliance, and record-keeping for all trade products—strictly following regulatory compliance related to AML/CFT and bank policies and procedures.

Transaction Processing

• Manage full lifecycle of LCs, SBLCs, guarantees, and documentary collections (issuance, advising, confirmation, amendment, transfer, claims, and discharge)
• Process trade financing: negotiation, discounting, acceptance, pre/post-shipment finance, supply chain finance, trust receipts, and factoring
• Execute cross-border and local remittances via SWIFT MT/MX formats; handle Nostro/Vostro settlements, interest/fee calculation, and booking
• Administer accounts, process amendments/cancellations, and perform reconciliation with general ledgers

Document Examination

• Review documents against UCP 600, ISBP, URC 522, and LC terms
• Verify Bills of Lading, invoices, packing lists, insurance, and certificates for completeness and consistency
• Identify discrepancies, resolve issues with customers/banks, and decide on acceptance or rejection

Compliance, Risk & Control

• Conduct sanctions, AML, and anti-financial crime screening using tools like World-Check One
• Review credit limits, facility validity, and collateral; flag high-risk and suspicious transactions
• Comply with MAS regulations, OFAC/UN/EU sanctions, and internal controls; follow Maker/Checker workflows and maintain audit trails

SWIFT & System Operations

• Prepare, verify, and authorize SWIFT messages; input transactions into core banking systems
• Perform compliance and vessel/port checks; maintain secure digital/physical records and archives

Customer & Stakeholder Support

• Advise corporate clients and correspondent banks on trade terms and procedures
• Provide status updates, settlement confirmations, and coordinate with other department such as Compliance

Reporting

• Resolve operational issues and follow up on outstanding items
• Prepare management reports, support audits, regulatory submissions, and month-end closing
• Assist in process updates, automation, and system UAT; perform other ad-hoc duties as assigned

Qualifications

• Diploma or higher in Banking, Finance, Business Administration, or related fields
• Preferably 3+ years of hands-on core Trade Finance Operations experience in a bank or financial institution
• Understand international trade rules, SWIFT MT/MX messaging, and compliance screening tools
• High attention to detail, strong risk awareness, and ability to work efficiently to meet deadlines
• Excellent communication and interpersonal skills; capable of working independently and collaborating effectively within a team