Assistant Manager/Manager, Trade Finance

Role Overview

The Trade Finance Executive will oversee comprehensive support for trade finance operations, especially focusing on import and export-related products. This position ensures efficient transaction processing in Commercial, Global Banking, and Structured & Commodities client segments, collaborating closely with internal teams and clients to maintain risk controls and compliance.

Key Responsibilities

• Manage import-export trade finance products, including Letters of Credit (LC), Usance Payable at Sight (UPAS LC), Documents under Collection, and Open Account Financing for Commercial and Global Banking clients.
• Maintain a client portfolio ensuring accurate and prompt transaction handling.
• Support remedial management activities for Non-Performing Loans (NPL) through coordination and documentation.
• Provide guidance on financing options, loan structuring, and repayment planning to clients.
• Monitor loan maturity and incoming payment deadlines for timely processing.
• Evaluate customer loan eligibility and handle client queries efficiently.
• Conduct transaction verification via Trade Registry system within Trade Finance Reporting (TFR) limits.
• Liaise with Trade Hub Team at Head Office for Structured and Commodities accounts.
• For Structured and Commodities segment, facilitate import-export trade finance products, including Risk Participation and FI Trade Loans.
• Collaborate with Middle Office to ensure commodity trade deals comply with policies and execute smoothly.
• Verify fund availability for both incoming and outgoing transactions to guarantee accuracy and timeliness.
• Monitor outstanding bills ensuring prompt follow-up and payment collection.
• Perform Anti-Money Laundering (AML) transaction screening and report suspicious activities.
• Conduct Vessel movement screening (Lloyds) to confirm shipments and prevent vessel transit at sanctioned ports.
• Complete International Maritime Bureau (IMB) checks to validate authenticity of Bills of Lading.
• Execute audits on Trade Registry system to confirm compliance with TFR transaction reporting.

Required Qualifications and Skills

• Bachelor's degree in Finance, Banking, Business, or a related discipline.
• At least 3 to 5 years’ experience in trade finance operations within a banking context.
• Experience in people management is advantageous.
• Deep familiarity with import-export trade finance products and documentation.
• Comprehensive understanding of trade finance instruments and regulatory mandates.
• Strong attention to detail, analytical mindset, and risk evaluation capabilities.
• Excellent communication and interpersonal skills for client servicing and collaboration across teams.
• Effective time management skills with ability to multitask and operate under pressure.