International Trade Processor
7 days ago
About The Job
We are seeking a Trade Finance Processing Specialist to join our Trade Finance Operations team.
The successful candidate will be responsible for the end-to-end processing of bank guarantees & SBLC, ensuring accuracy, compliance, and timely execution while maintaining strong relationships with internal and external stakeholders.
Responsibilities and Duties:
- Bank Guarantees & SBLC Processing
- Review and process bank guarantee & SBLC applications in accordance with bank policies and regulatory requirements.
- Verify documentation accuracy and ensure timely issuance, amendment, and cancellation of bank guarantees & SBLC.
- Documentation and Compliance Management
- Maintain accurate records of all bank guarantee transactions.
- Ensure compliance with internal policies, AML regulations, and KYC requirements.
- Collaborate with the compliance and legal teams to resolve any discrepancies or issues.
- Stakeholder Engagement and Risk Management
- Liaise with clients, relationship managers, and other internal departments to address queries and provide updates on bank guarantee status.
- Coordinate with correspondent banks and external parties to facilitate smooth processing.
- Identify and mitigate risks associated with bank guarantee transactions.
- Process Enhancement and Best Practices
- Identify opportunities to streamline processes and improve efficiency in bank guarantee processing.
- Stay updated on industry trends, regulatory changes, and best practices in trade finance.
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