Trade Finance Specialist

SG, Singapore

Job Description

Job Overview



We are seeking a

Trade Finance Specialist

with hands-on experience in

oil or liquid cargo transactions

to support our trading operations. This role is not high-volume (less than 5 shipments per month) but emphasizes

accuracy, compliance, banking relationships, financing optimization, and documentation excellence

. You will play a key role in managing trade finance processes, strengthening relationships with banks, and ensuring smooth financial and shipment coordination.


Key Responsibilities



1. Trade Finance & Banking Support



Review, verify, and manage day-to-day trade finance operations for import/export transactions. Establish and maintain strong banking relationships to support financing requirements. Assist in optimizing B2B credit lines, banking facilities, and LC limits. Handle Letters of Credit (LC) issuance, amendments, negotiation, discounting, trust receipt financing, and document presentations to banks in compliance with UCP 600. Manage bank account opening, documentation, and maintenance. Coordinate telegraphic transfers (TT)

2. Documentation & Compliance (Low Volume, High Accuracy)



Prepare and verify accurate trade and shipping documents including commercial invoices, Bills of Lading (B/L), COO, COQ, sales/purchase contracts, etc. Ensure full compliance with INCOTERMS, LC terms, UCP 600, ISBP guidelines, and company policies. Maintain organized and audit-ready trade finance records. Escalate any discrepancies or exceptions in documentation or trade transactions to Management promptly.

3. Logistics & Shipment Coordination



Coordinate up to 3-5 shipments per month with suppliers, buyers, vessel operators, freight forwarders, and terminals. Track shipment schedules, ensure timely submission of shipping documents for bank negotiation and customs clearance. Resolve minor discrepancies in documentation, shipment details, or bank requirements efficiently. Monitor cargo movement, discharge arrangements, and timely document release.

4. Receivables, Payments & Financial Reporting



Monitor accounts receivable and payment collection to ensure timely cash inflow. Manage inward/outward remittances, invoice discounting, LOI redemption, and settlement of trade transactions. Assist in cash flow forecasting (short-term and long-term), funding requirements, and credit line utilization. Support month-end closing activities and trade finance reporting. Reconcile and monitor bank credit lines and financial records.

Requirements



Minimum 3-6 years of experience in trade finance or trade operations, preferably in Oil & Gas or commodities trading. Experience in handling oil or liquid cargo documentation is essential. Strong understanding of LCs, UCP 600, INCOTERMS, B/L documents, treasury transactions, and international trade settlements. Experience in an SME/small trading environment is an advantage. Diploma or equivalent working experience -- Degree not required. Detail-oriented, highly organized, and able to work independently with minimal supervision. Strong communication skills for dealing with banks, suppliers, shipping agents, and internal stakeholders.

Why Join Us?



Work-life balance with flexible working hours. Low shipment volume (less than 5 per month) -- more focus on accuracy and financial optimization rather than operational stress. Small and supportive team where your contribution is recognized and valued. * Opportunity to establish, enhance, and streamline trade finance processes and banking support as the company grows.

Beware of fraud agents! do not pay money to get a job

MNCJobz.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD1671731
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    SG, Singapore
  • Education
    Not mentioned