The Trade & Working Capital operations group processes a variety of products that support international commerce by facilitating the purchase and sale of goods. The global trade finance unit team is responsible for Transaction processing for ASIAPAC, EMEA and WHEM Trade Operations which include the following:• Issuance and Advising of documentary and Standby Letters of Credit and Bank Guarantees.• Bank to Bank Reimbursements.• Collections /Open account transactions.• Settlements of import bills.• Controls and Support Functions.• Trade Advances and Trade Loans• document Checking Under Letters of Credit
Responsibilities:
The Specialty Product Analyst is primary responsible to support the activities and service delivery for Global Trade Operation in Manila thru the following:
Ensure high accuracy of processing of bank to bank reimbursements, settlements of import/Export Letters of Credit, Collections, Loans, Supply Chain Finance100% completion of assigned tasks on a day to day basisAllocation of tasksDaily investigation and escalation of any issues including follow up of outstanding receivablesQueue management & email managementVerification and releasing of transactions (i.e. payments)Provide daily/weekly productivity reportAssist in projects and become subject matter expert supporting training requirementsDesired Qualifications:
Relevant working knowledge on payments such as SWIFT, FEDWIRE, CHIPS and OFAC/SanctionsInternational Trade Finance (import Export Letters of Credit, Open Accounts and Collections, etc.) with knowledge on UCP 600, URC 522, ISBP, Boycott regulations is an advantageWith high attention to detailsCritical thinking & Problem solving skillsStrong and sound Risk MindsetExpectations:
Bachelor’s degree graduate in business related courseMinimum of 4 years relevant experience in International Trade Finance or SWIFT/FEDWIRE/CHIPS Payments backgroundWith Banking experienceFlexibility to work on multiple shifts depends on assignment and during Philippine Holidays