Associate – Trade Guarantees (No exp required, Banking, up to $3.6k)(ID: 678955) - #1101376

Responsible for Guarantee issuance, amendment and promptly fees billing, follow up on expired L/Gs and Payments or extension request.

Responsibilities

• Process fresh Guarantee issuance and amendment for banks and corporate customers in accordance with the standard operating procedures;

• Timely and promptly process of billing/invoicing for guarantee fees such as subsequent billing on a quarterly basis for existing guarantees, newly issued issuance(s) and amendment(s);

• Timely fees booking process into EXIMBILLS system;

• Timely follow up on outstanding transactions and issues such as sending tracer for expired transactions, payment or extension request and pending instructions;

• Follow up on unpaid bills/outstanding fees;

• Run Monthly Payment Tracer;

• Scan LG documents into DOCUWARE for effected fresh issuance(s) and amendment(s);

• The customer's application forms submitted are correctly filled up, checked and signatures duly verified. Any alterations are stamped and signed by applicant;

• Transaction requires bank's commitment must be approved by the management before processing or customer’s limit is available;

• Payments for outstanding items are credited into our NOSTRO accounts with good value, which are promptly applied and settled;

• Compliance’s clearance are obtained for any OFAC hits;

• EXIMBILLS and Equation balances are reconciled daily;

• Improve the processing of product(s) and to shorten the delivery time to the customers;

• Transactions including information through EXIMBILLS system are correctly input and accounting entries are accurately posted;

• In compliance with all internal policies and procedures as well as the relevant laws and regulations, and the company’s ethical standards at all times;

• All Exim’s Voucher(s), Record Card(s), Accounting entries (Manual) and Outgoing SWIFT messages are duly signed at all times before filing the same into the file(s);

• The outgoing SWIFT messages are acknowledged in SWIFT system;

• ‘Currency Check (33C)’ on Equation via email to Operations-Guarantee.

• Keep the section informed of the outstanding transaction(s) to be kept in Exim and SWIFT systems.

Requirements

• Bachelor’s Degree in Finance/ Banking and Finance and other related fields.

• Preferably with 1 year of trade operations/guarantees experience, from Corporate Banking background.

• Candidates with no prior experience are welcome to apply.

• Strong interpersonal & communication skills.

• Team player, enthusiastic and self-motivated.

Interested candidates who wish to apply for the advertised position, please click on “Apply”. We regret that only shortlisted candidates will be notified.

EA License No.: 01C4394 (PERSOLKELLY Singapore PTE LTD)

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