What is this position about?
• Trade Services supports all Trade Financing activities of clients of BNP Paribas, Singapore Branch as well as requests from the network branches. The team handles the processing of Bank Guarantees, Import, Export and Supply Chain transactions.
• The TSMO will be responsible to process the transactions in a timely and efficient manner. Besides direct client interaction and advisory on transactional trade-related matters, the position also requires the TSMO to co-ordinate with Front Office, Back Office and functions during the course of daily activities.
What would be your typical day at BNPP Paribas look like?
Primary Role Responsibilities
• Liaise and coordinate with the Back Office to ensure smooth processing of transactions within the set turnaround times.
• Liaise with Front Office and other stakeholders whenever necessary for transactions related to customer's requirements or irregular transactions.
• Handle internal and external customers' inquiries effectively and provide advice on trade products.
• Ensure that all transactions and tasks assigned are processed/carried out in accordance with the Operating/Compliance procedures.
• Initiate and input transactions as and when required.
• Verify and approve transactions within their authority level as and when required.
• Perform weekly/monthly reporting.
• Monitor and follow up on outstanding issues including new issuance, amendment, cancellation, charges, commission and interest etc.
• Ensure appropriate escalation to management and/or permanent control (or Compliance as appropriate) as soon as an issue is identified.
Other contributions
• Comply with internal and external regulatory and Compliance requirements.
• Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls.
• Perform any other duties delegated by Team Manager from time to time.
What is required for you to succeed?
• Positive attitude with good interpersonal and communication skills
• Ability to multi-task, work well under pressure and has good team spirit
• Meticulous, efficient with good analytical and follow-up skills
• Client service oriented
• Knowledge of Compliance and AML topics
• Preferably at least 2 years of experience in handling Trade products such as Import, Export, Bank Guarantees and Supply Chain.
Required education/certification/licenses
• Bachelor’s Degree or equivalent
• Working knowledge of ICC Rules such as Guarantees (URDG 758), Standby Letter of Credit (ISP 98) and Documentary Credit (UCP 600) and Collections (URC 522)
• Good PC knowledge and skills
About BNP PARIBAS
As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
• BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
• BNP Paribas MixCity which fosters better representation of women at all levels of the organization
• Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
• BNP Paribas CulturAll which celebrates diverse backgrounds
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
https://careers.apac.bnpparibas/
More information
BNP Paribas - Diversity & Inclusion Journey
BNP Paribas - The Bank Of Green Changes
Award Obtained
BNPP has won Top employer Europe award in a 10th consecutive year
