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IMI CIB - TRADE OPERATIONS SENIOR OFFICER - Singapore

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Date: Sep 25, 2023

Location: Singapore, SG

Company: Intesa Sanpaolo Group

Intesa Sanpaolo is the banking group leader in Italy. Assisting more than 14,6 milion of retail customers through a network of 5360 branches, it significantly supports the development of Companies and gives an important sustain to the country's growth. The Group has a selected retail banking presence in Central and Eastern Europe, the Middle East and North Africa, with approximately 1,000 branches and 7.2 million customers in 12 countries. Intesa Sanpaolo is also present in 25 countries in support of its corporate customers’ cross-border business. It is looking for new qualified profiles who want to face demanding and challenging career path with the following requirements: 

Scope and Purpose

Handle/process import/export bills transactions within the established facility limits and in line with the Bank procedure and industry practice.

 

Export transactions may include :

  • L/C advising and confirmation
  • L/C negotiation / discounts
  • Export collection
  • Document discrepancies
  • Bills settlement / payment
  • Refinancing transactions
  • Advance against receivables
  • Reimbursement claim
  • Advance/loan rollover / closing
  • Risk Participation
  • Trade Loan

Scope and Purpose

Import transactions may include :

  • Import L/C issuance
  • Standby LC and Bank Guarantee issuance
  • Transfer L/C issuance
  • Import L/C documents discrepancies advice
  • Document collections / payment
  • Loan rollover / closing
  • Invoice financing

 

Check Import / Export L/C documents

Handle customer enquires

Follow up bills status and send tracers

Liaise with other departments as and when needed

Report irregular cases to Head of Department

Other job as arranged by Head of Department

Required Experience

At least 6 years of working experience in Trade Ops Department of a Bank

Required Qualifications, Skills and Knowledge

  • GCE "A" level, or Diploma and above, PC literate and knowledge of Trade Operations dept's transactions especially in the area of Import L/C issuing and settlement, Exports L/C discounting, Trade Loan, Risk Participations.
  • Preferably with CDCS Certification.
  • Ability to check documents in accordance with UCP 600 and ISP 745 and process bills transaction under automated environment preferably EXIMBILLS
  • Familiar with AML/KYC screening

Everyone is an asset for our Group and that person could be you! Check out our job opportunities, apply and join our team!