ROLE PURPOSE

To professionally participate in the daily operations of Trade Finance (Export/Import and Bank Guarantee) in accordance with the Yoma Bank's SOPs, regulatory requirements, and international banking standards. The role ensures smooth, accurate, and compliant processing of all trade transactions, providing vital support to the branch network and customers. (For Import activities, we remain on standby to be involved as needed; however, our main focus is on Export and Bank Guarantee activities.)

KEY RESPONSIBILITIES

1. Trade Finance Operations

• Execute and process daily trade finance activities, including Import transactions (Documentary Credits, Bills), Export/Import transactions, and Bank Guarantees.
• Conduct first or counter checking of Export/Import documents under documentary credits to ensure accuracy and compliance.
• Check bill schedules for processed Export/Import bills and prepare them for payment.
• Ensure all processes are transacted smoothly and error-free in the Trade Innovative (TI) system.
• Handle enquiries from branches or customers, providing necessary documents and information.

2. Compliance & Control

• Ensure all transaction processing adheres to regulatory requirements and the Yoma Bank’s policies, procedures, and standards.
• Promptly identify, resolve, and/or report any problems or non-compliance issues to the Operations Manager.
• Maintain a proper check and balance approach for all trade finance processes.
• Execute transactions within pre-set standardized turnaround times (TAT) and in line with service level agreements.

3. Monitoring & Reporting

• Monitor customer trade transactions and settlements, reporting any exceptions to concerned units and/or persons.
• Prepare regular reports and analysis for the Export Finance Operations Manager to aid in effective monitoring and control.

4. Team Collaboration & Support

• Cooperate and coordinate effectively with colleagues, branch personnel, and internal stakeholders on all trade finance operations.
• Provide support and share knowledge on trade finance processes with team members and branch network as needed.
• Undertake any other duties assigned by the department head or operations manager.

QUALIFICATIONS REQUIRED 

Knowledge & Skills

Essential 

• Understanding of trade finance products (Export, Import, Guarantees) and international standards (e.g., UCP (Uniform Customs and Practice for Documentary Credits), URDG (Uniform Rules for Demand Guarantees)).
• Strong attention to detail and accuracy.
• Good analytical and problem-solving skills.

Education & Special Training

Essential 

• Bachelor’s degree in Business Administration, Management, Commerce, Finance, Accounting, Economics, or a related field.
• Basic competency in MS Office (Excel, Word) and Email.

Desirable

• Trade-related training or certifications.

Experience

Essential  

• At least three (3) years of related Trade Finance experience within a retail or commercial bank.

Languages

Essential  

Sound and effective interpersonal & communication skills in both Myanmar and English