Trade Finance Processing Specialist (Bank Guarantees & SBLC)Trade Finance Processing Specialist (Bank Guarantees & SBLC)Get AI-powered advice on this job and more exclusive features.Talent Acquisition Specialist @ OCBC | Technology, Banking Operation, IT HiringTitle: Trade Finance Process AnalystDescription: Trade Finance Processing Specialist (Bank Guarantees & SBLC)About The RoleWe are seeking a highly skilled and detail-oriented Trade Finance Processing Specialist with expertise in Bank guarantees & SBLC to join our Trade Finance Operations team. The ideal candidate will have a minimum of 2 years of experience in trade finance processing, particularly in handling bank guarantees & SBLC, and a strong understanding of international trade practices, banking regulations, and documentation requirements.The successful candidate will be responsible for the end-to-end processing of bank guarantees & SBLC, ensuring accuracy, compliance, and timely execution while maintaining strong relationships with internal and external stakeholders.Key Responsibilities1. Bank Guarantee Processing:Prepare, review, and process bank guarantee & SBLC applications in compliance with bank policies, regulatory requirements, and international trade standards.Verify the accuracy of documentation, including terms and conditions, beneficiary details, and guarantee amounts.Ensure timely issuance, amendment, and cancellation of bank guarantees & SBLC.2. Documentation and ComplianceMaintain accurate records of all bank guarantee transactions.Ensure compliance with internal policies, anti-money laundering (AML) regulations, and Know Your Customer (KYC) requirements.Ensure awareness and full compliance of URDG and ISP guidelinesCollaborate with the compliance and legal teams to resolve any discrepancies or issues.3. Stakeholder Management:Liaise with clients, relationship managers, and other internal departments to address queries and provide updates on bank guarantee status.Coordinate with correspondent banks and external parties to facilitate smooth processing.Identify and mitigate risks associated with bank guarantee transactions.Monitor and report on outstanding guarantees, ensuring timely renewals or cancellations.5. Process Improvement:Identify opportunities to streamline processes and improve efficiency in bank guarantee processing.Stay updated on industry trends, regulatory changes, and best practices in trade finance.Key Qualifications:Preferably holds a bachelor’s degree in Banking & Finance, Business Administration, or a related field.Requires a minimum of 2-3 years of experience in trade finance operations, particularly in bank guarantees and SBLC.Should be familiar with trade finance instruments, international trade practices, and banking regulations.Must demonstrate strong attention to detail and accuracy in documentation processing.Excellent communication and interpersonal skills are essential.Proficiency in trade finance software and the Microsoft Office Suite (Excel, Word, Outlook) is required.Ability to work effectively under pressure and meet tight deadlines is necessary.Strong analytical and problem-solving skills are also important.Certification in Trade Finance (e.g., Certified Trade Finance Professional (CTFP) or Certified Documentary Credit Specialist (CDCS) is a plus.Seniority levelSeniority levelAssociateEmployment typeEmployment typeFull-timeJob functionJob functionFinanceIndustriesBankingReferrals increase your chances of interviewing at OCBC by 2xGet notified about new Processing Specialist jobs in Greater Kuala Lumpur.Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 2 weeks agoKL Eco City, Federal Territory of Kuala Lumpur, Malaysia 2 days agoKuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 2 weeks agoKuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week agoKuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 6 days agoKuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 3 days agoKuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 1 week agoKuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 3 months agoKuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia 3 days agoAnalyst – Purchase to Pay (Queries Management & Invoice Processing)Junior Specialist Stock Borrowing & LendingWP. 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