What are the responsibilities and job description for the Lead Trade Services Processor position at I39 Singapore Branch?
About this role: Wells Fargo is seeking a Lead Trade Services Processor to join the International Operations team. Learn more about the career areas and lines of business at wellsfargojobs.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. Required Qualifications: 6 years of Trade Service experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications and requirements: 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 Good command of spoken and written English Good team player and willing to learn Posting End Date: 30 Mar 2025 *Job posting may come down early due to volume of applicants. 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