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Trade Finance (Letter of Credit) Manager

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Lidl Asia Pte Limited, Hong Kong, Singapore, Food and Retail, Sourcing, Production, Product Development, Quality, Compliance, Sustainability, Merchandising, Logistics, Cross-Functional, Administration, Careers, Social Responsibility, Textile, Soft Goods, Hard Goods


Lidl & Kaufland Asia Pte. Limited | Singapore {amount} km
30 Pasir Panjang Road 12-31/32 Mapletree Business City
117440 Singapore

Contract Type

Full Time

Entry Level

Finance, Accounting & Tax

Reference no.



Lidl & Kaufland Asia is hiring a Trade Finance Manager specialised in and responsible for all matters related to Letters of Credit (L/C). The successful candidate will be responsible for the following duties:
•    Manage Bank Relationships in relations to L/C
•    Handle Standby /Documentary L/C as per business requirement
•    Arrange all L/C related payments

What you'll do

  • Ensure that the deals allocated to each bank is duly process on a timely basis 
  • Prepare and ensure timely issuance of import L/C and provide necessary assistance when required.
  • Coordinate with banks, merchandisers, or suppliers to confirm on the L/C format, 
  • Preparation of application documentations 
  • Manage amendments to L/C as and when required
  • Ensure the accuracy of timely reporting and update of business activities, reflecting L/C movements, payments, and expenditures
  • Timely access and update of the related trade information on CBX system
  • Working closely with the functional team on allocation/utilization of trade facilities
  • Support the delivery of internal and external audit requirements
  • Handle ad hoc assignments as required

What you'll need

  • Bachelor’s Degree in Business, Accountancy, Banking & Finance or equivalent
  • At least 8 years of related experience in Trade Finance and in-depth knowledge of documentary handling for Letter of Credit in trading industry
  • Excellent communication skills to build strong relationships with stakeholders
  • Well-versed in incoterms and shipping documentation
  • Able to multi-task and work in a fast-paced environment

What you'll receive

We are dedicated to fostering a family-friendly culture and work environment. We are an equal opportunities employer and welcome applications from all candidates with the required skills and experience. We enable fair pay within the company by creating non-discriminatory salary systems. Working at Lidl & Kaufland Asia is rewarding, in every sense, because we give you the training to succeed in your role and plenty of opportunities to progress your career here. We are accredited as a Fair and Progressive employer by the Tripartite Alliance for Fair and Progressive Employment Practices (TAFEP).


Market Leading Remuneration Package:

  • Annual wage supplement and discretionary bonus
  • Life Insurance
  • Medical Insurance


Supportive Environment:

  • Out of Office leave for important appointments
  • In-house training courses
  • Training sponsorship scheme


Work-life Balance:

  • 5-day week
  • Competitive Annual Leave (23 days)
  • Charity, Community and Sporting Events


If you are not invited for an interview within 4 weeks, we regret that your application was not suited to this vacancy.

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Personal data collected will be used for recruitment related purposes only and will be destroyed after 12 months.