Trade Finance Specialist

6 days ago


Manila, National Capital Region, Philippines Philsearch Consulting, Inc. Full time
Job Description

This role involves working in a fast-paced environment to ensure compliance with Standard Procedure on Trade Finance and Remittance, Bank's Credit Policy, BSP Circular by thoroughly examining Trade documents.

  1. Issue Import and Domestic Letters of Credit.
  2. Prepare schedules and dispatch documents.
  3. Process and monitor both import and export collection documents until final settlement.
  4. Process payments for both import and export collection documents.
Key Responsibilities

The ideal candidate will be responsible for ensuring that client accounts and banks' accounts are properly funded. Additionally, they will prepare trade-related reports to comply with reportorial requirements of the Bank internal and external.

  1. Monitor the system-generated daily trial balance report to ensure that Trade and Remittance Transactions are reconciled with the Bank's General Ledger.
  2. Online documents review/checking through trade finance related system.
Additional Duties

The selected candidate will process PAS5 duties and taxes and remit to Bureau of Treasury. They will also process PAS5 monthly report to be submitted to Bureau of Customs.



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