Trade Finance Officer recruitment

My client a leading physical trading company wish to recuit a experienced trade finance officer with exposure to commodities.

The main duties will include;

The daily Issuance of L/C's or Bank Guarantees for our purchases of Crude and Oil Products
Risk covering sales where necessary with Banks and/or Insurance, weekly monitoring and m2m of any storage positions in the area.

Close co-operation with the Deals Desk personnel to ensure any charges agreed by Trade Finance are allocated correctly to the separately maintained deal Profit and Loss accounts, allocation of bank charges to individual deals through the in house Trading and Accounting system.

Preparation and despatch of Invoices and Letters of Indemnity (or shipping documents) for payment under Documentary Letters of Credit received from our buyers.
Maintenance and reconciliation of the company's issued Letters of Indemnities (LOI's) for documents relating to our global oil trading activities.

The reception / recording and distribution of shipping documents - including the allocation and despatch of such documents to our trading counter-parts / financing banks enabling the prompt cancellation of outstanding LOI's

The regular chasing of any shipping documents not received in a timely manner from our trading counter-parts / financing banks - thus ensuring that our credit facilities are used to an optimum level.
Ensuring timely processing of Cargo payments together with managing cash positions with the Banks.

Efficient management and reconciliation of bank recs, ensuring statements are up to date and all entries cleared/matched against in-house accounting records.

Please apply for this role if you're willing to relocate and have extensive trade finance experince having worked for an investment bank or a trading company. Commodities experience (especially oil) will be an advantage.

Huntress Group, acting in partnership with Sigma Management Services S.A.'

Huntress does not discriminate on the grounds of age, race, gender, disability, creed or sexual orientation and complies with all relevant UK legislation. PLEASE NOTE! You should make yourself aware of how immigration laws apply to your situation before applying for any jobs. We are acting as a Recruitment Business in relation to this role.