Review Letters of Credit (LC) Drafts:
- Provide support in reviewing LC drafts and officially issued Letters of Credit.
- Offer feedback and advice to internal and external partners regarding the contents of LC drafts.
Letters of Credit Checklist:
- Prepare Letters of Credit checklists and submit them for approval.
- Post approved checklists to the internal site.
Amendments and Communication:
- Process all Letters of Credit amendments received.
- Disseminate information about amendments to various internal teams and third-party partner.
Logistics Coordination:
- Follow up with Logistics teams to ensure presentation documents required for Letters of Credit presentation are in order.
Timely Responses:
- Respond promptly to inquiries from internal teams regarding the status of orders associated with Letters of Credit.
- Address internal and external inquiries about the status of Letters of Credit.
Escalation and Supervision:
- Escalate non-routine questions to your manager.
- Prioritize daily tasks and provide supervision and guidance to junior staff members.
Collaboration and Issue Resolution:
- Collaborate with peers, colleagues, and managers to resolve issues and achieve goals.
Compliance and Knowledge Development:
- Develop a deep understanding of the function, internal policies, procedures, and compliance requirements related to accounts receivable.
- Ensure compliance with all internal and external audit requirements.
Bank Guarantees and SBLCs:
- Process bank guarantees and Standby Letters of Credit (SBLCs) requested by customers.
- Submit these requests for approval.
Feedback and Reporting:
- Provide feedback to your manager for any improvements to current processes.
- Prepare quarterly bank guarantee reports and submit them to your manager.
- Track and prepare monthly bank guarantee bank fees for payment consideration.
Minimum Qualifications
- Experience:
- Minimum of 6 years of experience in Trade Services or demonstrated equivalent work experience in a related field.
- Education:
- Bachelor’s degree (or equivalent related work experience) with a focus on finance, accounting, or a related discipline.