Trade Finance Administrator
1 week ago
As a Trade Finance Administrator at DBS Bank, you will be responsible for processing the onboarding of trade finance transactional drawdowns under facilities and monitoring and controlling customer exposure under their facilities.
Key responsibilities include:
- Processing import/export letters of credit, open account financing payments, internal and external enquiries, guarantees, SBLCs, risk participation processing, trade loans, refinancing, and discounting.
- Ensuring all transactions presented to the bank fall within agreed credit parameters as approved.
- Monitoring and settling upcoming maturities and obligations on time.
- Maintaining good communication and collaboration with Trade Operations, Middle Office, Relationship Managers, and other support areas.
Requirements include:
- Being fully conversant with market practice and keeping up to date with UCP 600 and respective ISBP, URC522 URR725, ISP98, ICC URDG 758 Demand Guarantee Rules.
- Being proactive, a fast learner, and able to prioritize and work under pressure.
- Escalating exceptions, problems, errors, and abnormal transactions identified during daily processing.
- Providing suggestions for improvement to reduce operation risks and increase productivity.
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Trade Finance Administrator
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Trade Finance Administrator
1 week ago
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