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Trade Finance/ Letter of Credit Specialist

Job Information

  • Post Date:2019-03-19
  • Career Level:Middle
  • Location:Admiralty
  • Yr(s) of Exp:3 years
  • Salary:Salary negotiable
  • Employment Type:Full Time, Permanent
  • Others:Full Time, Permanent
  • Job Function:Credit Collection  Trading  

Job Description

Responsibilities:

  • Examine import/export/standby documents against letter of credit requirements in accordance with the Uniform Customs & Practice for Documentary Credits, UCP 600 or ISP 98 and other policies to determine compliance
  • Handle full sets of bills presentation to bank and follow-up the payment status
  • Record independent assessment of documents
  • Perform data entry of transaction details in automated letter of credit system
  • Assist customers in resolving document issues & discrepancies
  • Prepare wires for notification/settlement of negotiation issues
  • Prepare advice to customers to advise of receipt of documents
  • Stamp and accept drafts for usance drafts
  • Prepare courier receipt and mail documents to customers
  • Create file folder for retention of information
  • Perform data entry to record payment and mail advice for internal and external customers
  • Prepare cover letters and courier receipts
  • Sort, copy and mail documents per letter of credit requirements
  • Perform data entry to record payment (imports/standbys) and mail advice of payment
  • Perform data entry to initiate payment (exports) and prepare wires in settlement

 

Requirements:

  • Good knowledge of the oil industry/oil trading
  • Minimum 3 years’ experience in Letter of Credit issuance and document examination
  • Excellent communication and interpersonal skills
  • Ability to work in a team environment
  • Fluency in Mandarin Chinese and English
  • Proficient in Microsoft Word, Excel, PowerPoint and Chinese typing

 

Interested parties, please click "APPLY Now" to submit your full resume for application purpose.

 

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