Societe Generale is one of the leading European financial services groups. Founded in 1864, we have been playing a vital role in the economy for over 150 years. With more than 148,000 employees based in 76 countries worldwide, we accompany 32 million clients throughout the world on a daily basis. Based on a diversified universal banking model, the Group combines financial strength with a strategy of sustainable growth.
This role is located within the Middle Office of the Trade Finance team of Global Transaction Bank in Singapore. The role is client-facing, as it is the key liaison between client and the back-office of Trade Finance for the client's transactions.
The scope of responsibilities given below are indicative and not exhaustive: Team supervision and management:
Managing a team of Middle Office staff, with activities ranging from annual objective setting and performance appraisal to daily workload allocation Along with managing the team, the individual must be able to contribute on his/her own to the MO's activities and tasks
Receipt and management of physical documents from clients / banks
Verification of workability, consistency and completeness of documents
Scanning and transmission of documents to back-office for processing
Dispatch of original documents to clients / banks
Providing technical expertise to clients on Bank Guarantee text, LC terms and conditions, other documentation
Liaising with clients for all advices, discrepancies and required rectifications in documents, release of shipping and other documents, payments, dispatch of documents, collection of charges etc.
Dealing with internal stakeholders like back office, Treasury, Legal and Compliance for transactions
Work with sales team to implement new clients / credit facilities
Provide advisory to sales team on trade finance transactions, especially LCs and BGs
Ensure compliance and conformity of transactions with bank's policies and guidelines in close collaboration with the back-office:
1. KYC on transaction parties (applicants, beneficiaries, banks) 2. Coherence of transactions with principal activity of each stakeholder 3. Compliance with Sanction & embargoes rules
Managing transactions within credit limits and escalating for necessary approvals
Management and safekeeping of legal documents
Update of changes to account operation mandates of clients
Bachelor's Degree from an accredited university
7-10 years of experience in handling Trade Finance transactions
Knowledge of Letters of Credit and Documentary Collections and attendant rules (UCP 600, URC 522)
Expertise in Bank Guarantees is a must (URDG 758, ISP 98)
Possessing good verbal, written and interpersonal communication skills
Ability to be professional and presentable to clients
Process and procedure driven
Detailed and meticulous in handling documents
Ability in organizing and prioritizing work assignments to meet transaction deadlines
Sensible to Risks
Ability to Cooperate
Internal Number: 5877985
About SOCIETE GENERALE
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