Blocked Funds Coordinator
Here's What We Do Better
Job Description
Position Summary
Countertrade Pte Ltd is seeking a skilled Blocked Funds Coordinator to manage funds held in bank accounts that are restricted from certain uses. As a Coordinator, you will play a crucial role in overseeing and facilitating transactions involving blocked funds, ensuring compliance with trade and financial regulations.
Key Responsibilities
- Fund Oversight: Manage and oversee bank accounts with blocked funds, ensuring adherence to restrictions and regulatory requirements.
- Transaction Facilitation: Facilitate transactions involving blocked funds, coordinating with internal teams, clients, and financial institutions.
- Documentation: Prepare comprehensive documentation related to transactions with blocked funds, maintaining accurate records.
- Communication: Liaise with stakeholders to communicate details of blocked funds, transaction status, and any regulatory updates.
- Compliance: Ensure strict compliance with international trade regulations and financial standards for transactions with blocked funds.
- Risk Management: Conduct risk assessments related to transactions with blocked funds and implement risk mitigation strategies.
- Continuous Improvement: Identify opportunities for process improvement and efficiency in managing transactions with blocked funds.
Qualifications
- Bachelor’s degree in Finance, Accounting, or related field.
- Proven experience in coordinating transactions involving blocked funds.
- Strong documentation, communication, and compliance skills.
- Knowledge of international trade regulations and financial processes.
Compensation
- Monthly Salary: Competitive, starting at $9,500, based on experience and expertise.
- Annual Salary: Starting from $114,000, with potential for performance-based bonuses. Comprehensive benefits package included.
What We Offer
- Key role in managing transactions with blocked funds for successful trade operations.
- Collaborative and dynamic work environment.
- Professional development and growth opportunities.
JOIN OUR TEAM
If you are a Blocked Funds Coordinator ready to contribute to trade transaction success, we encourage you to click the link titled ‘APPLY FOR THIS POSITION‘ to initiate your application with Countertrade Pte Ltd.