Job Description

Responsibilities

: " We are representing multiple O&G commodity trading firms to recruit experienced Trade Finance professionals. Responsibilities Prepare, process, and handle all trade finance related functions Issuance of TF related instruments to suppliers and counterparties, i.e. Import LC, SBLC, Guarantee, Bid Bonds, Performance bonds etc. Prepare, pre-check export LC and documents against contract and ILC to ensure compliant presentation Advise necessary amendments/revisions to ensure workability of all trade finance instruments Prepare ELC required documentation such as commercial invoice, beneficiary certificates, insurance certificates etc. Manage all aspects of trade settlement, import payments, applying for trust receipts loan, export negotiation, account receivables financing Entering payments into bank's online platforms for funds transfer, payments, lines rebooking etc. Create, upload and update trade progress onto the in-house system platform Monitor and track payables/receivables of counterparties in in-house systems Coordinate with banks to obtain bank limits for confirmation and discounting, FX/treasury matters Liaise with other functional groups including traders, trade execution teams and accounting to resolve execution issues and provide assistance where necessary Assist with yearly audit process by sharing trade documentation, answering trade questions where necessary Familiarization with banking facilities, structures and limits to practically apply them to the physical trades executed to maximise leverage Assist in cargo insurance declarations Perform KYC of counterparty where necessary Assist in bank account opening procedures Facilitate innovation and work process improvements through idea generation and applying of business knowledge Ad-hoc improvement projects when assigned Requirements Minimum 5 years experience in commodities trade finance (back office or middle office) within a trading house or bank Understanding of UCP600, URC, ISBP and Incoterms ", "identifier":{ "@type": "PropertyValue", "name":"Kepler Search Pte. Ltd.", "value": "*******" }, "datePosted": "2022-08-01", "validThrough": "2022-08-31", "url": "********************", "employmentType" : "FULL_TIME",
Benefits