Job Description

:

Position: Credit Manager

Industry: Commodity Trading (Oil & Gas)

Location: Raffles Blvd area

Salary Range: S$8,000 to S$12,000

Responsibilities:

• You will be responsible for overseeing the daily credit report, both physical and paper transactions
• Be responsible for the negotiation part for credit status and limits with relevant counterparties for companys trading entities
• Flagging of credit limit exceeds and make appropriate course of action (e.g obtaining LC/cash collateral/waiver to cover exceeded credit exposure)
• Handling of L/C related activities (negotiating L/C terms & conditions, value, tenure, issuing bank)
• Verification of L/C issuance and/or receive in proper order from counterparties
• Liaising with new counterparties on documentation for registration and credit assessment.
• Preparation or reviewing of credit file, and recommending appropriate credit terms/limit
• Responsible for annual-review on existing counterparties especially when there are exigencies
• Liaising and negotiating with counterparties for parental guarantee or payment undertaking issuance and ensure T&C are acceptable (to be done with legal advisor)
• Liaising with legal advisor for reviewing confidential agreements
• Have a system for tracking renewal of parental guarantees issued and received
• Be updated of the latest commercial and banking developments, ratings and country risks
• Be the point of contact to counterparties and brokers in terms of companys authorized list of traders
• Overseeing the registration process pertaining to clearing exchanges, trading platform, consultants and brokers.
• Negotiate and formalize ISDA & CSA with counterparties to trade swaps bilaterally
• Mitigation of payment risk

Requirements:

• Min Degree in Finance or relevant qualifications
• Min 8 years of experience in similar capacity within the commodity trading sector, oil & gas background will be preferred
• Experience with credit management
• Professional finance / credit qualification (ACA, CIMA, CFA and etc)
• Proficient with various law
• Has strong negotiation, communication and coordination skills

Please submit your updated resume in Word format by using the Apply Now Button.

We regret that only shortlisted candidates will be notified.

Alternatively, you may email your resume to

People Profilers Pte Ltd, 20 Cecil Street, #08-09, PLUS Building, Singapore 049705.

Tel: 6950 9724 / +65 9827 9117

Job Reference No: \xef\xbb\xbfL6R5545W

EA License Number: 02C4944

Registration Number: R21100091

Posting Personnel: Chua Yi Khiang, Alvin

People Profilers