Trade Finance Ops - Operations Expert - Associate
Position Overview
Details of the Division and Team:
The role will be processing and controlling all trade finance transactions (especially PIC processing and controlling of Import transactions and financing). Ensuring all transactions are in accordance with international rules & regulation, local law & regulation, and bank’s policies
What we will offer you:
A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.
You can expect:
Comprehensive Medical Insurance Coverage for Employee and Family
Life Insurance Coverage
Additional Pension Scheme (DPLK) on top of Statutory Contribution
EAP – free and confidential counseling, online work-life resources
Staff Loan including Housing Loan, Car Loan and Personal Loan
Hybrid work arrangement
Comprehensive leave benefits
Annual health checkup – cost borne by company (once a year; conditions apply)
Your key responsibilities:
Perform pre-checking according to internal regulation such as put time stamp on the time receive customer’s instruction, signature verification and call back customer (if needed), register, scan, and upload transactions)
Ensure all documents are in place before input and releasing transactions.
Process and control trade finance transactions (letter of credit, local letter of credit (SKBDN), import and export transactions, documentary collection, financing, guarantee and standby lc) in accordance with international rules, local regulations, and bank’s policies.
Process and control transactions for issuing LC, amendment, cancellation, lodgement of claims and payments.
Perform document presentation checking as per credit terms and conditions, ensure comply with international rules or local regulations.
Process and control transaction for trade financing and settlement.
Process and control transaction for issuing bank guarantee and counter guarantee, amendment, cancellation, and claim.
Monitor and follow up of any unsettle bank’s commission.
Reconciliation and report nostro and internal account.
Perform daily, weekly, and monthly internal reports.
Working with other departments, such as business, compliance, and loan to facilitate smooth trade transactions.
Carry out other tasks assigned by Line Manager related to Trade Transactions.
Your skills and experience:
Bachelor’s degree from any disciplines.
Minimum 5 (five) year experience in trade finance oicer.
Excellent written and oral communication skills in English.
Preferable but not essential CDCS is highly desirable.
Strong knowledge of all trade finance products (import and export letter of credit, local letter of credit/SKBDN, standby letter of credit, collection, negotiation, discount, LC settlement, document checking, bank guarantee and counter guarantee.
Strong understanding of all ICC rules e.g., latest version of UCP and ISBP for the examination of documents, Incoterms, URC for collection, ISP for standby letter of credit, URDG for guarantee and PBI for SKBDN and local guarantee.
Excellent working knowledge of SWIFT.
Possess strong analytical skills.
High sense of accuracy and attention to details.
Strong work ethics with passion for championing excellent customer satisfaction.
How we’ll support you:
Flexible working to assist you balance your personal priorities
Coaching and support from experts in your team
A culture of continuous learning to aid progression
A range of flexible benefits that you can tailor to suit your needs
Training and development to help you excel in your career
About us and our teams:
Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.
Deutsche Bank & Diversity
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
