Overview
Associate – Trade Finance Operations, Back Office (18 months) Jobs in Singapore, Singapore at Natixis Corporate & Investment Banking
Title: Associate – Trade Finance Operations, Back Office (18 months)
Company: Natixis Corporate & Investment Banking
Location: Singapore, Singapore
Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.
Our teams of experts in close to 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business.
As part of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor's: A+, Moody's: A2, Fitch: A+, R&I: A+).
Job Summary
The position acts as the first or second document checker for import and export Letters of Credit (LCs) and Collection for the overseas branches, responsible for sanctions, vessel and AML screening and to make escalation on the hits, irregularities or red flags. The scope of work includes processing trade finance operations and participating in digitalization projects and process improvement initiatives. This position requires meticulous attention to detail and a strong understanding of trade finance procedures and compliance standards.
Main Responsibilities:
- To perform the role of first or second document checker for import and export Letters of Credit (LCs) and Collection for the overseas branches, in accordance with the latest ICC standard rules and guidelines and International Standard Banking Practices etc.
- To ensure a smooth and efficient workflow on the LC document checking and to highlight documentary discrepancies.
- To perform processing related to Trade Finance operations (e.g. import and export LC bill utilization, acceptance, payment, swift creation, sanctions/ vessel/ AML screening and escalation, charges calculation, price check, etc).
- To register receipt of scan or original incoming documents.
- To participate in digitalization projects and process improvement initiatives.
- To perform other trade finance operations job duties as and when assigned by local managers.
Required Skills:
- Relevant experience in LC document checking (CDCS holder is preferable), Trade Finance operations processing, bill payment, compliance screening.
- Working on Singapore public holidays is required.
- Knowledge of FBTI system is a plus.
- Strong communication and stakeholder management skills, with the ability to collaborate effectively across regional and global teams.
- Strong time management skills with ability to manage multiple priorities effectively.
- Relevant experience and ability to take initiatives to support digitization and continuous process improvement.
