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Trade Finance Associate

3 200 – 5 000 $
Full timeEntry levelOn-siteSingapore
SHINHAN BANKSingapore

Location

MARINA VIEW, ASIA SQUARE TOWER 1

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About this job

  • 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.

Market insight

15% below median
4 800 $

Based on 75 102 offers with salary for this country

Full salary breakdown

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Frequently asked questions

What salary can I expect?

The employer lists 3 200 – 5 000 $ for this role at SHINHAN BANK in Singapore. For comparison, the local market median is about 4 800 $ based on 75 102 similar offers.

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