Associate - Trade Finance Operations - Deal Management

Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.

Our teams of experts in close to 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business.

As part of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor's: A+, Moody's: A1, Fitch Ratings: A+, R&I: A+).

Main Responsibilities:

The incumbent be part of a team that processes daily trade finance transactions which includes:

• Act as Maker for end-to-end trade finance processing of Singapore and Hong Kong Trade Finance activities (SG & HK TFA). The activities include processing of: Import LC issuances, amendments, acceptances, payments etc. Export LC advising, confirmation, negotiation, acceptance, negotiation, discounting, payment and reimbursement claim. Guarantees including shipping guarantees, bid and performance bonds, Drawee risks, Bank Refinancing and Risks Participations.
• Ensure smooth and efficient execution of BAUs relating to trade finance SG & HK TFA activities within the specified time frame and cut-off time for the transactions.
• Ensure all trade finance transactions are duly handled and processed in accordance with the relevant procedure manual, rules and regulations
• Perform KYC validation and Anti-money Laundering Checks on trade finance transactions processed by the Team.
• Input trade finance transactions into Trade Finance processing system and generate entries and customer advices. Input payment and other SWIFT messages into Kalipso/SWIFT Alliance. Send emails/faxes to customers, sorting of documents, matching of SWIFT messages, photocopy of documents and filing duties.
• Participate in the bank's digitalization and other initiatives/projects relating to the job scope of the team. Participate in Business Continuity Plan (BCP) of the Bank in accordance with the BCP procedures and processes.
• All other job duties as and when assigned by team leaders, team head or Head, Trade Finance Operations.

Required Skills:

• At least 3 years of relevant experience in commodity trade import and end to end LC bills processing is preferred.
• Meticulous and possess good knowledge and processing skills of commodity trade LC bills.
• Sound knowledge of ICC rules and practices with good knowledge of latest version of UCP/ISBP/ISP.
• Good understanding of trade finance due diligence/AML requirements.
• Working knowledge and experience with FBTI is an advantage.
• Good team player and work well in fast pace working environment.
• Must be available to work during Singapore public holidays.
• Possess good knowledge of Microsoft Word, Excel and Power Point applications.
• Good attitude and interpersonal skills.
• Fluent written and spoken English.

Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.

Our teams of experts in close to 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business.

As part of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks, Natixis CIB benefits from the Group’s financial strength and solid financial ratings (Standard & Poor's: A+, Moody's: A1, Fitch Ratings: A+, R&I: A+).

Main Responsibilities:

The incumbent be part of a team that processes daily trade finance transactions which includes:

• Act as Maker for end-to-end trade finance processing of Singapore and Hong Kong Trade Finance activities (SG & HK TFA). The activities include processing of: Import LC issuances, amendments, acceptances, payments etc. Export LC advising, confirmation, negotiation, acceptance, negotiation, discounting, payment and reimbursement claim. Guarantees including shipping guarantees, bid and performance bonds, Drawee risks, Bank Refinancing and Risks Participations.
• Ensure smooth and efficient execution of BAUs relating to trade finance SG & HK TFA activities within the specified time frame and cut-off time for the transactions.
• Ensure all trade finance transactions are duly handled and processed in accordance with the relevant procedure manual, rules and regulations
• Perform KYC validation and Anti-money Laundering Checks on trade finance transactions processed by the Team.
• Input trade finance transactions into Trade Finance processing system and generate entries and customer advices. Input payment and other SWIFT messages into Kalipso/SWIFT Alliance. Send emails/faxes to customers, sorting of documents, matching of SWIFT messages, photocopy of documents and filing duties.
• Participate in the bank's digitalization and other initiatives/projects relating to the job scope of the team. Participate in Business Continuity Plan (BCP) of the Bank in accordance with the BCP procedures and processes.
• All other job duties as and when assigned by team leaders, team head or Head, Trade Finance Operations.

Required Skills:

• At least 3 years of relevant experience in commodity trade import and end to end LC bills processing is preferred.
• Meticulous and possess good knowledge and processing skills of commodity trade LC bills.
• Sound knowledge of ICC rules and practices with good knowledge of latest version of UCP/ISBP/ISP.
• Good understanding of trade finance due diligence/AML requirements.
• Working knowledge and experience with FBTI is an advantage.
• Good team player and work well in fast pace working environment.
• Must be available to work during Singapore public holidays.
• Possess good knowledge of Microsoft Word, Excel and Power Point applications.
• Good attitude and interpersonal skills.
• Fluent written and spoken English.