Trade Finance Officer Trade Finance Officer …

Trafigura
in Singapore
Permanent, Full time
Last application, 17 Sep 21
Competitive
Trafigura
in Singapore
Permanent, Full time
Last application, 17 Sep 21
Competitive
Trade Finance Officer
Main Purpose:
Ensure that cargoes and storage facilities are financed in a timely manner and that the risks (other than market exposure) to which the group is exposed are properly analysed, monitored, mitigated and laid off.

Knowledge Skills and Abilities, Key Responsibilities:
Key Responsibilities
  • PR-type role with respect to banks, customers etc.
  • Participation in decision-making process with respect to credit/performance etc. risks that the group takes: establishing framework for analysis, follow-up and review and communication internally of decision taken.
  • Ensuring that Risk Management decisions are appropriate, bearing in mind financial/commercial imperatives.
  • Issuance of L/C's or bank Guarantees.
  • Risk covering sales where necessary with Banks and/or Insurance.
  • Weekly monitoring and m2m of regional storage positions.
  • Co-operation with our Deals Desk personnel to ensure any charges agreed by Trade Finance are allocated correctly to the separately maintained deal Profit and Loss accounts.
  • Close liaison with our operators so as to monitor shipments and ensure correct security is in place before releasing of cargoes.
  • Vetting of contracts, storage agreements and bank documentation.
  • Optimise allocation of deals to our pool of bankers in accordance with management strategy.
  • Ensuring timely processing of Cargo payments, together with managing cash positions with the Banks.
  • Liaising with Banks to increase their appetite on Concentrates portfolio.
  • Managing the presentations of documents to the bank for transactions under Doc LCs.

Knowledge, Skills and Abilities
  • At least 5 years within a Trading Company / Financial institution having gained a strong understanding of the principals surrounding Trade Finance instruments and their pitfalls.
  • Industrious, proactive and cordial team player with an eye for detail.
  • Strong logical and problem solving skills.
  • Ability to work quickly and accurately even under pressure.
  • Proficiency in a second language, such as Chinese/Mandarin.
  • Previous experience in Metals & Concentrates is a plus.


Key Relationships and Department Overview:
Key Relationships

External - Banks, Insurance, Counterparties.
Internal - Ops, Traders, Contracts, Treasury, Securitisation, Accounting & Deals desk
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