Senior Associate / Assistant Manager, Trade & Loan Operations

JOB PURPOSE:

• Aid the Team Lead/Department Head in overseeing daily operations.
• Ensure tasks are completed thoroughly and on time, meeting operational standards.
• Report any unusual transactions to the Team Lead/Department Head.
• Perform additional tasks as assigned by the superior.

PRINCIPAL RESPONSIBILITIES:

Import Trade Transactions (LC Issuance, Amendment, Shipping/Bank Guarantee/SBLC, Import Document Checking, Collections, Invoice Financing, TR Loan Transactions, etc.)

• Handle/approve LC Issuance/Amendment transactions.
• Manage/approve shipping guarantees, bank guarantees, and SBLC transactions.
• Review import documents and collection documents (DA/DP).
• Handle/approve acceptance for issuance import documents and DA transactions.
• Manage/approve Invoice Financing and DA, DP finance.
• Handle/approve payments for import documents, collection documents (DA/DP), and Invoice financing transactions.
• Ensure all applications/transactions strictly adhere to approved terms and conditions.

Export Trade Transactions (LC Advising, LC Confirmation, Export Document Checking, Forfeiting, OA Loan Transactions, etc.)

• Handle/approve LC Advising/LC Confirmation transactions.
• Review export documents and collection documents (DA/DP).
• Manage/approve export OA, DA, DP finance.
• Handle/approve acceptance for export documents and DA transactions.
• Manage/approve payments for export documents, collection documents (DA/DP), and OA Loan transactions.

Financial Institutions Transactions (Trade Loan, Reimbursement Finance, Unfunded Risk Participation, Funded Risk Participation, etc.)

• Handle/approve trade loan, reimbursement finance, and funded risk participation drawdown, rollover, and repayment transactions.
• Manage/approve unfunded risk participation transactions and collect fees.
• Handle/approve outward remittance transactions for trade loans and Financial Institutions transactions.
• Monitor overdue transactions for all trade and Financial Institutions transactions and inform the Team Head/Head of Department/RM if transactions are not settled on the due date.
• Review weekly trade bills reports and monthly trade finance outstanding reports.
• Liaise with customers and RM on trade-related matters.
• Participate in trade and AML-related projects, including system enhancements/UAT.
• Assist the Team Head/Department Head in reviewing related P&P and working manuals for Trade and AML.

Anti-Money Laundering (AML)

• Conduct 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 necessary approval from Compliance for transactions involving FATF/OFAC sanctioned countries.
• Handle Trade AML/CFT queries from internal stakeholders.
• Conduct AML assessments via the AML System on all trade finance transactions and related SWIFT messages.