Trade Finance Officer
Trafigura is seeking a Trade Finance Officer to join our newly set up team in Athens. Candidate needs to feel comfortable in a fast-paced environment, utilising experience and skills to handle high trading volumes and high-pressure deadlines.
The Trade Finance Officer will be in contact with various internal and external stakeholders, namely our banking partners and commercial traders, and will be responsible for establishing good working relationships with them to manage our trade finance activities in an optimal and cost effective manner.
Based in Athens with a pool of Refined Metals / Oil Trade Finance Officers, the candidate will report directly to the Head of Trade Finance based in Geneva
Knowledge Skills and Abilities, Key Responsibilities:
-Weekly monitoring and m2m of any stock positions.
-Ensuring timely processing of payments together with managing cash positions with banks
-Negotiations with banks to place transactions under the various financing lines available to TF (bilateral facilities, borrowing base or repurchase agreements)
-Risk covering sales where necessary with Banks and/or Insurance
-Issuance of L/C's or Bank Guarantees for our purchases of Products including negotiation with banks
-Close co-operation with our
- Ops team ensuring successful execution of commercial agreements while monitoring risk incurred for the company
- Treasury department for every payments and loans generated
- Deals Desk personnel to ensure any costs agreed by Trade Finance are allocated correctly to the separately maintained deal Profit and Loss accounts.
-Review of contracts for all transactions in accordance with company policy and procedure
-Closely collaborating with teams in other locations (Geneva, Mumbai, etc). Experience/Knowledge/Skills
-2 - 5 years within a Trading Company / Financial institution having gained a basic understanding of the principals surrounding Trade Finance instruments and their pitfalls would be desirable
-Well-organized and pro-active, strong coordinating skills, able to demonstrate exceptional problem solving and the ability to think in a highly logical and critical fashion
-Excellent communication skills with ability to communicate in a clear and concise manner both externally and internally including reporting to finance senior management from time to time
-Highly diligent and sharp eye for attention to details
-Able to work autonomously when required and to take initiative to not only work to, but also set their own quickly changing deadlines
-A team player, who is able to confidentially adapt their interpersonal approach as the situation demands, able to build strong relations both inter-departmentally and with external stakeholders
-An individual who is not only comfortable but thrives in a high pressure environment
-Proficiency in Microsoft Office applications, particularly Word and Excel
-Languages: English a must, any other language is a plus
Key Relationships and Department Overview:
External-Banks, Insurance, Counterparties.
Internal-ops, Traders, Contracts, Treasury, Securitisation, Accounting & Deals desk, Compliance, Legal Reporting Structure:
Reporting directly to the Head of Trade Finance based in Geneva