Trade Services Associate

at  Wells Fargo

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

WELLS FARGO RECRUITMENT AND HIRING REQUIREMENTS:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process

Desired Qualifications:

• College degree or above with a minimum of 2 years’ experience in bills checking/LC processing preferred
• Hands on experience in MS Words & Excel
• Exposure in computerised banking facilities
• Able to work on APAC country public holidays if fall on Mondays to Fridays (also some ad-hoc weekend work may be required to support UAT, month end reporting, adjusted China working week etc.)
• Good command of spoken and written English
• Good team player and willing to lear

Wells Fargo is seeking a Trade Services Associate to join the team in Singapore. Learn more about the career areas and lines of business at wellsfargojob.com.

In this role, you will:

• Responsible for servicing Trade Services clients with the ability to work independently and as part of a team.
• Duties include: processing & checking/releasing of all Import and Export L/C bill items, shipping documents, negotiation schedules, Export/Import Collections, B/L endorsements and prepare payments using respective in-house system independently in accordance with Trade Services standards.
• Handle departmental administrative duties, such as preparation of reports, reconciliation duties, UAT etc.
• Create/release transactions in TradeWorks system include but not limited to LC Advising, LC Issuance, create presentation activities, stage payment, etc.
• Check import/export bills documents and apply knowledge of commercial law/government regulations, e.g. OFAC, UCP600, URC 522
• Identify/implement process improvement opportunities
• Assist Team Leader / Manager with training new or existing staff on new products or procedures
• Require full working knowledge of complex L/C structure, documentation, governing rules, standard and regulations, internal policies & credit risk
• Accountable for upholding company vision and values statement
• Identify and raise risk, control etc. issues in a responsible and timely manner
• Liaise and collaborate closely with internal stakeholders to ensure smooth facilitation of transactions
• Ensure customer satisfaction and needs are consistently met such as strict adherence on internal turnaround times, quality etc.
• Process complex letters of credit documentation
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals

Requirement:

• 6+ months of Trade Services experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• College degree or above with a minimum of 2 years’ experience in bills checking/LC processing preferred
• Hands on experience in MS Words & Excel
• Exposure in computerised banking facilities
• Able to work on APAC country public holidays if fall on Mondays to Fridays (also some ad-hoc weekend work may be required to support UAT, month end reporting, adjusted China working week etc.)
• Good command of spoken and written English
• Good team player and willing to learn