About this role
Handles the processing and settlement of the full spectrum of Documentary Trade transactions such as Letter of Credit (LC) Issuance, Advising, Confirmation, Negotiation, and Documentary Collections. Performs document checking against LC terms and related ICC rules. Handles the processing of various LC-related products such as Transferable LC, Back to Back LC, LC Financing. Handles the processing of other Trade Finance products such as Bill Discounting, Invoice Financing and Forfaiting/Factoring transactions. Ensures proper documentation of transaction records. Liaise with customers to provide specialized advice and answer customers’ queries. Performs Sanction screening, AML red-flag checks for trade transactions. Participate in UAT and project as assigned. Carry out any other duties and responsibilities as instructed by the manager. [Requirements] Minimum 2 years of trade finance experience Minimum Diploma holder or equivalent Motivated hard working team player who takes initiative Meticulous and able to multi-task, and is able to thrive in a fast-paced working environment Good communication and interpersonal skills Excellent organizational and time-management skills Good understanding of Sanctions and Regulatory requirements such as EU, OFAC, UN Sanctions. Good working knowledge of UCP, ISBP, URC, URR, Swift MT/MX messaging would be a plus Fresh Graduate welcome to apply who can speak fluent in both Korean and English
What they're looking for
OFACMicrosoft ExcelMiddle OfficeDue Diligence
About Shinhan Bank
Industry: Financial & insurance
Frequently asked questions
What does a Trade Finance Associate at Shinhan Bank do?
Handles the processing and settlement of the full spectrum of Documentary Trade transactions such as Letter of Credit (LC) Issuance, Advising, Confirmation, Negotiation, and Documentary Collections. Performs document checking against LC terms and related ICC rules. Handles the processing of various …
What skills does this Trade Finance Associate role need?
Key skills for this role include OFAC, Microsoft Excel, Middle Office, Due Diligence.
How much does a Trade Finance Associate at Shinhan Bank pay?
This role lists a salary of S$3,200 – S$5,000 per month.
Is this Trade Finance Associate role remote, hybrid, or on-site?
The listing is based in D01 Marina, Raffles Place, People's Park, Cecil. Check the posting for remote or hybrid options.
How do I apply for this Trade Finance Associate role?
You can apply directly on Shinhan Bank's careers page. ApplyLah can tailor your résumé and cover letter to this exact role in seconds first.
