CIB Operations - Trade Finance Ops- Associate
- Singapour, Singapore
- CDI, Plein-temps
- 21 nov. 17 2017-11-21
We are currently seeking an experienced operations professional to handle the Trade finance related processing functions in a global bank environment for the Singapore market.
About J.P. Morgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about J.P. Morgan is available at http://www.jpmorganchase.com/ www.jpmorganchase.com
About J.P. Morgan’s Corporate & Investment Bank
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With nearly $20 trillion of assets under custody, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.
Treasury Services (TS) - the world's largest cash management provider - moves, concentrates and invests client money, and provides trade finance and logistics solutions. TS products include payments, collections, trade finance, investments, and information services that help companies manage working capital and liquidity. The business, which operates in 41 countries, is the world's largest U.S. dollar clearer, processing an average of $3.2 trillion in fund transfers each day.
Trade operation is an integral part of JPMorgan's Trade Finance and is responsible for trade related activities e.g. issuance of SBLC/BG, Commercial LC, Export LC advising/amendment, confirmation, invoice financing, trade loans etc.
We are currently seeking an experienced operations professional to handle the Trade finance related processing functions in a global bank environment for the Singapore market. The successful applicant will be an existing team lead looking for opportunities to step up.
Conversant with and able to apply UCP 600 as well as ISBP.
Duties will include vetting on the terms and conditions of confirmed commercial/SBLC, commodity LCs.
Highlight irregularities and red flag items for credit/risks approval.
Import or Export document checking with minimum supervision.
Well versed in handling and checking of commodities LCs and documents.
Conversant with trade related commercial rules and able to provide solution or explanation to client subject to UCP 600, ISBP, ISP98, URR725, URC522 or incoterms 2010.
Preparation of reports.
Liaise with external and internal customers.
Understand the workflow of import/export section e.g. lC advising, doc checking, acceptance, reimbursement claim and payment.
Knowledge on credit export for Trade related transaction
Releasing payment/loan related to L/C
Minimum Diploma holder with at least 6 years working experience in all commercial products related to Trade.
- Ability to communicate effectively with internal and external clients both verbal and written
Provide good customer service and able to build effective customer relationships
Strong team player with the ability to multi-task and work under pressure
Able to work independently and has an analytical mind to provide solution for complex deals
Understand the business and industry practices
Able to explain clearly to client transaction flow and their associated risks.
Fast learner of various trade applications/systems
Well versed in using Excel and Powerpoint