Trade Finance Senior Officer

About the role

We are looking for a Trade Finance Officer/Senior Officer to join us in the Trade Finance Department. This is a back-office function that handles end-to-end processing, document checking, settlement, compliance, and record-keeping for all trade products-strictly following regulatory compliance related to AML/CFT and bank policies and procedures. 1. Transaction Processing Letters of Credit (LC) & SBLC / Guarantees: Handle end-to-end issuance, advising, confirmation, amendment, transfer, back-to-back, sight/usance LCs, and Standby Letters of Credit (SBLC), including managing modifications, claim processing, and final discharge. Documentary Collections: Process import/export bills under Document against Payment (D/P) and Document against Acceptance (D/A). Bills & Financing: Execute bill negotiation, discounting, acceptance, reimbursement, pre/post-shipment finance, supply chain finance, trust receipts, and factoring. Remittances: Prepare, verify, and process high-value global and local trade-related fund transfers via SWIFT MT/MX (e.g., pacs.008, pacs.009, camt.053 series) formats. Payments & Settlements: Handle Nostro/Vostro account liquidations, trade finance payment settlements, and accurate calculation and booking of interest/fees. Amendments & Cancellations: Process transaction modifications, check validity, obtain internal approvals, and update core systems. Account Administration: Administer fixed deposit and current account transactions, including corporate loan or treasury settlement support where required. Reconciliation: Reconcile trade finance transactions with accounting records and general ledgers to ensure absolute data accuracy. 2. Document Examination Regulatory Compliance: Check all trade and shipping documents meticulously against LC terms and international guidelines such as UCP 600, ISBP, and URC 522 . Document Verification: Verify key trade and shipping documents (including Bills of Lading, commercial invoices, packing lists, insurance certificates, and certificates of origin/inspection/quality) to ensure they are fully consistent, complete, and meet trade compliance and regulatory guidelines. Discrepancy Resolution: Identify discrepancies, highlight irregularities, raise technical queries, resolve issues with customers or correspondent banks, prepare discrepancy notices, and decide acceptance/rejection. 3. Compliance, Risk & Control Sanctions Screening: Conduct mandatory anti-financial crime and sanctions checks before processing any trade transaction. Credit & Risk Review: Verify client credit limit availability, facility validity, and collateral coverage to mitigate operational risk. Risk Mitigation: Identify potential red-flag items, flag high-risk transactions, and report suspicious activities in the Trade Product Register List. Regulatory Alignment: Follow MAS regulations , international sanctions (OFAC, UN, EU), and internal bank policies. Internal Controls: Ensure dual-control (Maker/Checker) workflows, approval authorizations, and strict audit trails are followed at all times. 4. SWIFT & System Operations Message Construction: Prepare, verify, or authorize all trade-related SWIFT messages accurately using MT/MX standards . Core Banking Input: Input transactions into core banking platforms, post corresponding accounting entries, and reconcile data. Screening Systems: Perform required sanctions, anti-money laundering, and maritime compliance verifications using World-Check One , external tracking registries, and dedicated vessel and port checks . Data Management: Maintain transaction logs, perform physical-to-digital scanning of trade documents, and file electronic archives securely to ensure seamless audit retrievability. 5. Customer Support Client Advisory: Respond promptly and professionally to inquiries from corporate customers and correspondent banks, providing specialized guidance and technical advice on trade transactions. Status Communication: Provide proactive transaction status updates, clear explanations of technical operational workflows, and official settlement confirmations to external clients. Internal Stakeholder Liaison: Manage communication touchpoints with internal business units (Middle Office, Compliance, GTS) to ensure alignment on customer expectations and service delivery. 6. Reporting and Others Operational Fixes & Follow-ups: Resolve day-to-day operational bottlenecks, shipping/payment delays, outstanding transaction follow-ups, and documentation discrepancies. Management Reporting: Prepare daily, monthly, and ad-hoc management reports detailing trade transactions, fees received, and facility utilization. Audit & Submissions: Support internal/external audits, regulatory submissions, and internal business reviews. Month-End Closing: Support month-end closing activities related to trade finance to meet strict reporting deadlines. Client Statements: Prepare and dispatch monthly statements and trade advice to customers.

Your Match

How well this role fits your profile.

Company Intel

What employees say

Worked at KRUNG THAI BANK PUBLIC COMPANY LIMITED? Share your experience