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Website      www.empiric.com
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Assistant Manager

Our client, a foreign bank, is seeking experience trade finance individual to supervise smooth running of day to day processing for trade finance related activities such as letter of credit, bills discounting, import letters of credit issuance, bankers guarantee etc. Job Description – Supervise and ensure smooth running of the day-to-day processing for trade finance related activities such as letters of credit advising and/ or confirmation, bills discounting, bills rediscounting, import letters of credit issuance, import bills, banker's guarantees, buyers' credits and sell down of trade assets Ensure sound co-ordination of trade finance activities that are outsourced to Global Trade Services Unit, Mumbai (GTSU) Monitor closely all fees such as LC fees, participation fees, etc. and ensure proper settlement of such fees Ensure accurate booking of entries into Finacle, SWIFT, etc Ensure accurate and timely settlement of remittances and provide funding to Treasury Ensure that trade manuals & process flows are consistently updated Contact point for financial institutions regarding trade related risk participation facilities Provide prompt response to audit queries Responsible for the safe-keeping of trade finance documentation and ensure completeness in the Security Register Maintain close communication with internal customers such as Corporate and Institutional Banking, Credit & Compliance, Treasury, Finance, etc. Maintain close communication and coordination with Head Office Provide ad-hoc MIS and regulatory reporting Perform UAT for system enhancements and undertake future projects (such as SOX) Any other duties assigned by the supervisor from time to time If you are a Singaporean or a Singapore Permanent Resident who fits in well in the above description, we would be keen to hear from you. Please send your resume to

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Full Time

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