Trade Finance Operations Specialist

2 days ago


Kuala Lumpur, Kuala Lumpur, Malaysia OCBC Bank Full time
Job Description

We are seeking a highly skilled and detail-oriented Trade Finance Operations Specialist with expertise in bank guarantees & SBLC to join our team.

The ideal candidate will have a minimum of 2 years of experience in trade finance processing, particularly in handling bank guarantees & SBLC, and a strong understanding of international trade practices, banking regulations, and documentation requirements.

  • Key Responsibilities:
  • Bank Guarantee Processing:
    • Prepare, review, and process bank guarantee & SBLC applications in compliance with bank policies, regulatory requirements, and international trade standards.
    • Verify the accuracy of documentation, including terms and conditions, beneficiary details, and guarantee amounts.
    • Ensure timely issuance, amendment, and cancellation of bank guarantees & SBLC.
  • Documentation and Compliance:
    • Maintain accurate records of all bank guarantee transactions.
    • Ensure compliance with internal policies, anti-money laundering (AML) regulations, and Know Your Customer (KYC) requirements.
    • Ensure awareness and full compliance of URDG and ISP guidelines.
    • Collaborate with the compliance and legal teams to resolve any discrepancies or issues.
  • Stakeholder 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.
    • Monitor and report on outstanding guarantees, ensuring timely renewals or cancellations.
  • Process Improvement:
    • 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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