Letters of Credit recruitment

 Responsibilities:

1.      Responsible of monitoring all incoming and outgoing Letter of Credits. Responsibilities include review, negotiate and report all incoming and outgoing LCs, LC amendment and cancellation requests, and ensuring compliance with internal requirements. Control and monitor LCs for cargos, pipelines, barge, and pumpover transactions.  

2.      Monitor bank line utilization for LC.

3.      Ensure follow up on all the documentary process and payments.

4.      Input data into house systems (Excel, Bulldog, SAP)

5.      Manage daily and weekly LC report

6.      Ensure, perform and keep banking collaboration and contact

7.      Control and monitor original shipping documents and other documents for customs purposes (BLs, COO, FTA COO, etc) for cargo transactions.

8.      Review of Tender documents  with focus on LC, bid and performance bonds requirements

9.      Contract review for payment and LC matters

10.   Various reporting required by the head office

11.   Special projects

Profile:

1.      Undergraduate degree in business/finance/economics preferred

2.    5+  years experience in the oil industry, commodities, and/or banking  (letter of credit department, middle office)

3.      Self starter, enthusiastic, team player, result orientated

4.      Strong commercial and risk management awareness

5.      Strong analytical skills, detail-orientated

6.      Outstanding communication and relationship management skills

7.      Windows, word, excel, power point, outlook, SAP

We thank all applicants for submission, but only those under consideration will be contacted.