Trade Finance Officer
Singapore, Singapore
Job Description
Key Responsibilities
- Monitoring and managing bank relationships and liquidity management, Co-ordinate and liaising with bank on the company\xe2\x80\x99s trade facilities.
- Daily online banking payments
- Cashflow management and forecast
- Handling finance related tasks including preparation of banking documentation for import/export letter of credits (LCs), collection bills, standby LC, bankers\xe2\x80\x99 guarantee and bid/performance bond
- Prepare and file relevant documents including bank instruction letters and liquidity position reports.
- Liaise closely with Trading and Operations Teams to ensure timely securitization of financing and monitor the trade flow.
- Liaise with other functional groups including traders, operation, risk and accounting teams to resolves Trade Finance & Treasury related matters and provide assistance where necessary.
- Handle "Know Your Customer (KYC)" research, customer due diligence for new business relationships and customers credit evaluation
- Assist in new processes and system implementation when required
- Perform any other duties as assigned.
- Bachelor\'s degree
- Minimum 3 years of trade finance experience in commodity trading environment, preferably in oil and gas trading house
- Prior experience in banking documentation, import/export LC documentation
- Prior experience in credit/KYC
- Good knowledge of LCs and Incoterms
- Hardworking and requires minimum supervision
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Job Detail
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Job IdJD1277490
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationSingapore, Singapore
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EducationNot mentioned