Shinhan Bank is seeking a Trade Finance Associate in Singapore to manage documentary trade transactions, ensuring compliance with regulatory requirements and providing customer support. The ideal candidate will possess at least two years of trade finance experience and strong communication skills, with proficiency in Korean being preferred
Job Summary
The role involves handling the full spectrum of Documentary Trade transactions such as Letter of Credit Issuance and Negotiation.
Candidates must perform meticulous document checking against LC terms and related ICC rules while conducting Sanction screenings.
The position requires liaising with customers to provide specialized advice on various Trade Finance products like Forfaiting and Factoring.
Matching Summary
Match Score: 85
Shinhan Bank is seeking a Trade Finance Associate in Singapore to manage documentary trade transactions, ensuring compliance with regulatory requirements and providing customer support. The ideal candidate will possess at least two years of trade finance experience and strong communication skills, with proficiency in Korean being preferred.
Skills & Requirements
Must-have
Minimum 2 years trade finance experience
Document checking against LC terms
Sanction screening and AML red-flag checks
Processing Transferable and Back to Back LCs
Bill Discounting and Invoice Financing processing
Nice-to-have
Good understanding of EU OFAC UN Sanctions
Proficient or fluent in Korean language
Knowledge of UCP ISBP URC URR rules
Ability to thrive in fast-paced environment
Strong organizational and time-management skills
Key Requirements
Minimum 2 years of trade finance experience
Minimum Diploma holder or equivalent
Good working knowledge of UCP ISBP URC URR (preferred)