JOB DESCRIPTION

Business:             Client Service Delivery

Position:               Analyst/ Associate (Trade & Lending Operations)

Reporting to:       COO

Branch:               ING Bank N.V., Seoul Branch

DUTIES AND RESPONSIBILITIES

Overview

Responsible for the day-to-day processing requirements of the function Performs various structured routine operational tasks in a standard work environment. Handles medium complex processes.  Understands the mission and vision of the company and how the department contributes to that. Works under supervision; receives instruction, guidance and direction from a senior team member. Acts in line with ING rules and policies.

Responsibilities

As an Analyst, your tasks and responsibilities will principally be:

•  Execute daily processing related to Trade Finance (Documentary and non-documentary):

• Letter of Credit or Documentary Collection
• Guarantee/Standby Letter of Credit
• Export and Import bills
• Import Loans
• Open Account (OA trade)

• Loans and remittance

• Handle Local Application /Local Settlements/Client in Local language from end to end.

• Liaise and Handle with offshore hub operations as well as Front Office, Client and all other relevant parties and ensure smooth processing of transactions
• Preparate regular and ad hoc basis local regulatory reporting requirements
• Ensure that the Bank’s and relevant regulatory procedures and controls are adhered to
• Perform ad-hoc duties assigned from time to time
• Understand roles, authorities, responsibilities and obligations of compliance and conduct their business accordingly
• Adhere to Service Level Agreements(SLAs) and manager customer requirements

Person Specifications

To be considered for this role, the applicant would ideally possess the following pre-requisites:

•   4-7 years of work experience in Trade Finance/Loans/Guarantee Operations from Wholesale banking

•  Proficiency in English and Korean, both written and verbal.

•   Ability to communicate well and work with people in different department at all levels;

•   Willingness to learn and participate in activities;

•   Open minded and eagerness to challenge;

•  Proficiency in Excel, MS office, Word, Power Point

•  Positive and constructive feedback to team members continuously