Mandarin speaking Trade Services Clerk - Banking

Ref: 22917

The Skills You'll Need: Fluent Mandarin and English, importing and exporting initiation and settlement business, including L/Cs, Clean and Documentary Collections, Bank Guarantees, trade finance business. Swift Experience within banking.

Your New Salary: Depending on experience

Fully Office Based

Perm

Start: ASAP

Report to: Head of Institutional Banking

Trade Services Clerk - What You'll be Doing:

• Perform tasks relating to import and export initiation and settlement business, including L/Cs, Clean and Documentary Collections, Bank Guarantees, trade finance business. AML System checking and assessment on trade transactions.
• All aspects of import/export transactions including: L/C advising, issuance, confirmation, acceptances, collections such as D/P, D/A, etc., scan document and send to BPC for their checking under import/export L/Cs, effecting payment under L/Cs, D/P, D/A, etc., bank guarantees / standby L/Cs and import finance, L/C reimbursement and collections under D/P, D/A, etc. Double check the contents of delivery documents before mailing.
• Trade related finance solutions such as packing loans, factoring, bills discounting, forfaiting and funded or un-funded risk participation.
• Calculate accurately the fees and interests for the relevant transactions.
• Liaise correspondence in connection with documentary import and export letters of credit for customers of the Bank in line with agreed procedures with BPC.
• Collate and check documents which have been processed by BPC to ensure compliance with letters of credit terms and conditions.
• Proficient checking of payments with appropriate knowledge of Swift rules after being made by BPC.
• Liaise with clients on matters relating to L/C transactions together with BPC.
• Assist Head of Institutional Banking in carrying out various trade finance related statistical reports for Management and Head Office.
• Funds positioning.
• Carrying out periodical accounting reconciliation internally with Credit Administration, Corporate Banking and Financial Control departments and externally with BPC.
• Filing and archiving.
• All the CDD and AML checking in trade services and other products lines as required by the Bank’s policy.
• Keep all AML check evidences for audit trail purpose. Must report / escalate to MLRO for potential positive hit or suspicious transactions in accordance to the Bank’s AML policy.

Trade Services Clerk - The Skills You'll Need to Succeed:

• Fluent in both Mandarin and English.
• Support/Operations experience in banking, if possible in Trade Finance/Services, but not essential. Must have trade finance knowledge if no experience.
• Swift system experience is essential.
• Accuracy and able to adapt to change in work flows;
• Analysis, planning and organising;
• Teamwork and communication;