Trade finance officer, Commodity trading firm
* Liaise closely with Trading and Operations Teams to ensure timely securitisation of financing/risk underwriting.
* Placing transactions with financing banks and further liaising with same throughout the life of the transaction.
* Issuance of Letters of Credit and Bid/Performance Bonds.
* Checking workability of Export Letters of Credit and requesting amendments
* Ensure financial security for each shipment is in good order before giving the approval to load/discharge to the Operations team.
* Checking confirmation/discount rates with banks and updating internal records.
* Raising Invoices and documents plus negotiation/discounting of same with banks and counterparties for payment.
* Maintaining strong relationships with financing (and other) banks including negotiation of bi-lateral facilities as and when required.
* Ensure the proper drafting/countering of financial documentation.
* Chasing for cancellation of expired Bid and Performance Bonds.
* Organisation of expired files.
* General filing as and when required.
Requirements:
3-5 years in trade finance area at bank or commodity trading firm is a must
* Well organised and able to work independently.
* Experience of flows involving LNG/LPG or metals trading
* Previous experience of working at an international bank / for a trader dealing with Letters of Credit.
If you would like to be considered for this opportunity, please forward a copy of your full CV to Lester.qin@hays.com.sg
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