
at ING Bank
OtherPosted 4 days ago
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**Analyst, Trade Commodity Finance, Transaction Management Office** Manage transactions, coordinate with clients and internal teams, perform risk analysis, and ensure compliance. Key responsibilities include effective transaction management, collateral valuation, and daily cash flow handling. Proficient in MS Office, particularly Excel, with a minimum of 2 years of trade finance experience. Collaborate within a team-focused culture, maintaining a 'can do' attitude and strong detail orientation.
- Compensation
- Not specified
- City
- Singapore
- Country
- Singapore
Currency: Not specified
Full Job Description
Key Responsibility
I) Management of Transactions
- Effective and timely management of transactions.
- Contact point for clients and liaise closely with operational and supporting departments
- Perform independent transactional risk analysis including evaluation of its associated collateral quality and performance risks reference to the approved credit facilities and general guidelines or procedures.
- Explore risk mitigating measures and work together with TCF AO in providing financing solutions to clients.
- Participate actively in discussions with TCF AO and TMO on the observed modus operandi of the client, trade flow, facility utilization patterns, etc. during credit reviews
- Work with external partners, such as, but not limited to storage facility operators, clearing brokers, insurance underwriters.
- Ensure transactions are in adherence with Compliance & related policies.
II) Management of approval process
- Based on analysis performed, prepare and obtain the appropriate transactional approval in accordance with the approval procedures.
- Work closely with TCF FO and relevant departments (including Risk, Operations) to ensure smooth execution of transactions
III) Management of Trade Life Cycle
This includes but not limited to:
- Set up position report in system for each borrowing client as per approved terms and conditions.
- Timely update of transaction information and exposures in the position report.
- Monitor and manage supporting collaterals including assessment of the collateral quality; perform the appropriate collateral valuation including paper hedges relating to the physical cargo throughout the life cycle of the transaction.
- Handle clients daily cash flow transactions including deposits, remittances and attend to enquiries from clients.
- Participate in ad-hoc projects or assignments, commercial and clients meetings where necessary
IV) Facility Administration
- Work closely with TCF AO ensuring smooth implementation of approved limits in system.
- Prepare reports as required.
- Collateral value reporting
V) Others
- Work together as a team in managing transactional flow & risks
- Proactively driving changes and contribute positively towards workflow efficiency
Requirements
To be considered for this role, the applicant would possess the following pre-requisites:
- Be passionate about doing a good job, possessing a Hands-on and can do mentality; be highly self-motivated
- Enjoy working in a team and supporting each other to do a better job
- Love details (but not losing sight of the big picture), be systematic and organized
- Possess good analytical skills, with an ability to understand the intrinsic transactional risks
- Positive attitude in dealing with challenging and difficult situations. Resourceful & willingness to work with clients / stakeholders for solutions.
- Strong knowledge of trade finance
- Good knowledge of MS Office applications (particularly EXCEL)
- A minimum of 2 years of related experience
What We Offer
At ING, youll be part of an organisation that empowers people in life and in business. You can expect:
A supportive, inclusive and international work culture.
Opportunities to grow your expertise across credit, products and client coverage.
Access to learning platforms, coaching and skillbuilding resources.
A team that values curiosity, initiative and diverse perspectives.
How to Apply
Click the Apply button on our official ING careers site and submit your application through Workday.
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About ING
With 65,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of whats possible and at the same time ensure you work with integrity and hold the customers interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.



