Trade Operations (Banking)
Summary
Processes and supports trade finance transactions like Letters of Credit and Bank Guarantees for a bank, ensuring compliance with regulations and internal policies.
Trade Operations Executive / Senior Executive
Our client, a well-established bank is seeking to fill the role of trade operations
Job Description
- Process and support end-to-end trade finance transactions, including Letters of Credit (Import/Export), Bank Guarantees, Documentary Collections, and Trade Loans.
- Ensure transactions are processed accurately and within agreed service levels, in compliance with internal policies, UCP 600, ISBP, URDG, ISP98, and regulatory requirements.
- Review trade documents for completeness and discrepancies, liaising with internal stakeholders and customers to resolve issues promptly.
- Process amendments, settlements, reimbursements, and financing related to trade transactions.
- Handle SWIFT messaging and ensure timely execution of trade instructions.
- Perform transaction screening and ensure compliance with AML/CFT, sanctions, and regulatory requirements.
- Support daily reconciliations, reporting, audit requests, and operational risk controls.
- Work closely with Relationship Managers, Operations, Compliance, and external counterparties to ensure seamless transaction processing.
- Participate in system enhancement initiatives, process improvements, and UAT where required.
Requirements
- Bachelor's Degree in Finance, Business, Banking, or a related discipline.
- 2–6 years of Trade Operations or Trade Finance Operations experience within a bank.
- Strong knowledge of trade finance products, including Letters of Credit, Bank Guarantees, Documentary Collections, and Trade Loans.
- Familiarity with UCP 600, ISBP, URDG, ISP98, SWIFT messaging, and trade finance regulations.
- Strong attention to detail, analytical, and problem-solving skills.
- Ability to work independently in a fast-paced environment while meeting operational deadlines.
- Good communication and stakeholder management skills.
Interested applicants may submit their updated resumevia ethel.tan@revup-consulting.com in strictconfidence for consideration.
We also welcome referrals of suitable candidates within yourprofessional network.
Ethel Tan
Consultant, Financial Services
RevUp Consulting
EA Licence No.: 22S1193
EA Registration No.: R2096281
LinkedIn: www.linkedin.com/in/etheltansk