Trade Finance Specialist
4 weeks ago
About the Role
DBS Bank is seeking a skilled Trade Finance Administrator to join our team. As a Trade Finance Administrator, you will be responsible for processing trade finance transactions, monitoring customer exposure, and ensuring all transactions comply with agreed credit parameters.
Key Responsibilities
- Process trade finance transactions, including import/export letters of credit, open account financing payments, and guarantees.
- Monitor and control customer exposure under their facilities.
- Ensure all transactions comply with agreed credit parameters and escalate any deviations for necessary approvals.
- Regularly monitor and settle upcoming maturities and obligations on time.
- Develop and maintain good communication and working relationships with Trade Operations, Relationship Managers, and other support areas.
Requirements
- Be fully conversant with market practice and keep up to date with UCP 600 and respective ISBP, URC522 URR725, ISP98, ICC URDG 758 Demand Guarantee Rules.
- Be proactive, a fast learner, and able to prioritize and work under pressure.
- Escalate any exceptions, problems, errors, and abnormal transactions identified during daily processing.
- Provide suggestions on improvement to reduce operation risks and increase productivity.
About DBS Bank
DBS is a leading financial services group in Asia, headquartered in Singapore, with a growing presence in Greater China, Southeast Asia, and South Asia. We are focused on our PRIDE values of being Purpose Driven, Relationship Led, Innovative, Decisive, and Everything Fun, as well as our RED service standards of being Respectful, Easy to deal with, and Dependable.
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