A-IT SOFTWARE SERVICES PTE LTD is hiring for a Trade Finance Officer (Bank) (JT) (Commodities) internship — a 12-month, on-site Software Engineering role based in Singapore. It is an unpaid internship. It is open to university students, typically in Year 2–4. Applicants with experience in Credit Risk Assessment, UCP 600, Ratio Analysis, Analytical Skills, and Valuation are a strong fit.
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About this role
1. Administers and monitors transactional collateral for Commodity Structured Trade Finance. 2. Responsible for transactional and operational integrity of the credit facility structure especially in areas of Settlement risk, Operational risk, and Performance risk. 3. Work closely with Relationship Managers (RM), Back-office operations (STO) and Credit Risk Managers (CRM) as well as GTS Sales and Product to co-ordinate and leverage on the expertise of each party. STMO Account Officers-In-Charge (OIC) interfaces regularly with Compliance and Legal entities. 4. Ensures that all credit policies, NPAs, and SOPs are adhered to and update all transactions in CMS as well as UDMAs. 5. To deliver Structured Trade Finance services to clients in accordance with established quality, service standards (SLA) and established Procedures, Policy, and Standards. 6. Perform Mark to Market (MTM) valuation, monitor cash collateral requirements follow up on top-ups when under-collateralized. 7. Monitor Loan to Value (LTV) ratio to ensure that it is not breached and conduct margin calls whenever necessary. 8. Alert RM and Credit Risk of any potential risks which might endanger the underlying asset or identify the source of repayment in a timely manner. Requirements: 9. Preferably minimum 5 years of experience in Commodity and Structured Trade Middle Office and or Back Office. 10. Must be attentive to details with good analytical skills and the ability to understand the intrinsic transactional risks. 11. Can cope with pressure and meet tight timeline. 12. Team player with strong Organizational and interactive skills. 13. Good command of written and spoken English and Chinese (interaction with Chinese desk clients) 14. Knowledge of trade-based rules such as UCP600, ISBP745, URC525 and Incoterms 2021 This job advertisement is posted by: Tan Geok Khim (Deng Yuqin) (R22107857) A-IT Software Services Pte Ltd EA License No: 24C2345 “By submitting your application for this position, you consent to the collection, use, and disclosure of your personal data by A-IT Software Services and its recruitment partners, including Employment and Employability Institute Pte Ltd, for the purpose of i) employment facilitation and ii) data and statistical analysis. You may find out more information on the PDPA policies at [A-IT Software Services PDPA website] and [https://www.e2i.com.sg/pdpa/].”
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