Key responsibilities and duties
1) Issue contracts/agreements as per the Trade Ticket and flows provided.
2) Prepare bank documents required under the LC.
3) Coordinate with different counterparties to get the LC issued and check the same to make sure the LCs are in line with the flows.
4) Execute the confirmation letter with the banks and chase for LC discounting.
5) Prepare and send issuance/discounting calculations to banks.
6) Obtain all counter-signed documents from banks for filing purposes.
7) Update the trade details and PNL report to record all required details of the deals.
8) Obtain monthly bank statements for accounting purposes from the banks or online banking and provide support to accounting/controlling team for reconciliation.
9) Get documents required for new account opening with the banks and clear KYC documentation to onboard new banks.
10) Maintain and update account information with the banks.

Competencies requirement
1) Bachelor’s degree. Finance studies. Knowledge of letters of credit. Understanding of PNL.
2) 5-10 years’ experience of import/export settlement with banks, preferably foreign banks, or similar experience of trade execution with foreign invested enterprises.
3) Seriousness. Attention to details. Organized.
4) Ability to work under pressure, deal with tight schedules or deadlines.
5) Ability to work independently.
6) Fluent in English and Chinese.