Senior Associate / Assistant Manager - Trade Operations

JOB PURPOSE:To assist Team Lead /Department Head in the daily running of the Operation Department. To supervise the Operations team to conduct Trade AML and Trade transactions.To ensure that work is diligently completed according to schedule and operations requirements.To perform stringent checks on work done by subordinates and to ensure operations run smoothly.To report any irregularities transaction to the Team Lead / Department Head.To carry out any other duties that may be assigned by the superior from time to time.

PRINCIPAL RESPONSIBILITIES:Import Trade related Transactions (LC Issuance, Amendment, Shipping/ Bank Guarantee /SBLC and Import Document checking, Collections, Invoice Financing and TR Loan transactions etc)Processing/ authorized LC Issuance / Amendment transactions. Processing/ authorized shipping guarantee, bank guarantee and SBLC transactions.Processing/ examine Import document and collection document (DA/DP).Processing/ authorized acceptance for usance import document and DA transaction. Processing/ authorized Invoice Financing and DA, DP finance. Processing/ authorized payment for import document, collection document (DA/DP) and Invoice financing transactions etc. Ensure that all applications / transactions are in strict compliance with approved terms and conditions. Export Trade-related Transactions (LC Advising, LC Confirmation and Export Document checking, Forfaiting, OA Loan transactions etc)Processing/ authorized LC Advising / LC Confirmation transactions. Processing/ examine Export document and collection document (DA/DP). Processing/ authorized export OA, DA, DP finance. Processing/ authorized acceptance for export document and DA transactions.Processing/ authorized payment for export document, collection document (DA/DP) and OA Loan etc.Processing/ authorized factoring transactions.

Financial Institutions related Transactions (Trade Loan, Reimbursement Finance, Unfunded Risk Participation and Funded Risk Participation etc)Processing/ authorized trade loan, reimbursement finance and funded risk participation drawdown, rollover and repayment transactions.Processing/ authorized unfunded risk participation transaction and collect fee.Processing/ authorized outward remittance transactions of trade loan and Financial Institutions related transactions.To monitor overdue transaction for all trade and Financial Institutions transactions and inform Team Head/ Head of Department /RM if transaction is not settled on due date.Check weekly trade bills reports and monthly trade finance outstanding report.Liaise with customer, RM on Trade related matters.Participate related projects of Trade and AML including system enhance/UAT and establish new product.Assist Team Head/Department Head to review relate P&P and working manuals of Trade and AML.

Anti-Money Laundering (AML)Perform AML name screening checks for trade and Financial Institutions transactions according to the Guideline/Manual on Managing Trade-Based Money Laundering and Terrorist Financing Risks.Obtain appropriate approval from Compliance for transactions involving FATF/OFAC sanctioned countries.Manage Trade AML/CFT queries from internal stakeholders.Perform AML assessment via AML System on all trade finance transactions and related SWIFT messages.

KEY COMPETENCIES:

Good knowledge of UCP600, URC522, ISP98 and ISBP.Working knowledge of SWIFT Alliance operations.Sound awareness on Prevention of Money Laundering /Terrorist Financing.Good understanding of operational risk issues.Good interpersonal communication skills.PC skills in Microsoft Word, Excel. Diploma /Degree holder with a minimum of 5 years of relevant operational banking experience.