ING

Analyst, Trade Commodity Finance, Transaction Management Office

ING  •  Singapore, SG (Onsite)  •  22 hours ago
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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, you’ll 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 skill‑building 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 what’s possible and at the same time ensure you work with integrity and hold the customer’s 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.

ING

About ING

ING is a pioneer in digital banking and on the forefront as one of the most innovative banks in the world. As ING, we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Amsterdam, NL
Year Founded
Unknown
Website
ing.com
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