Trade Finance Executive

4 days ago


Singapore DIRECT SEARCH ASIA PTE. LTD. Full time
Roles & Responsibilities

Job Description:
  • Acquire a thorough understanding of the financing facilities offered.
  • Plan, manage, and allocate banking resources for shipments across various lenders, ensuring effective tracking and utilization.
  • Update, manage, and plan cash flow using spreadsheets and systems on a per-deal basis, including weekly reporting for spot and term deals' cash flow requirements.
  • Propose and present financing requirements outside the established facility framework to banks, including discussions on security/collateral, KYC submissions, and other ad hoc requests.
  • Work closely with the operations team daily to validate and approve payment requests by cross-checking invoices and shipping documents for accuracy.
  • Resolve outstanding payment issues through communication with counterparties.
  • Supervise and maintain banking accounts across different banks and lenders.
  • Monitor and report risks related to prepayments, open accounts, amortization repayments, and stockpile loading schedules.
  • Perform reconciliation of debtor and creditor lists to ensure accuracy in outstanding payables and receivables.
  • Address inquiries and manage inspections from internal and external stakeholders, ensuring timely completion of monthly reports; advanced Excel, scripting, and programming skills are an advantage.
  • Facilitate the growth and enhancement of banking relationships by reviewing and negotiating term sheets and banking terms with financial institutions in the Gulf and Europe regions.
  • Evaluate shipment risk exposures and secure appropriate insurance, such as marine open cover, while overseeing insurance declarations.
  • Assist with KYC processes, facility renewals, account openings, and other operational tasks as needed.
Requirements:
  • A minimum of 6 years of experience in trade finance.
  • Proven experience in physical commodity trading within Asia.
  • Strong familiarity with trade finance, including UCP, ISBP guidelines, and banking TR procedures.
  • Deep understanding of trade finance processes, including LC, collections, shipping documentation, contract review, LC issuance, guarantees, bonds, and payment management.
  • Proficiency in Excel and programming.
  • Capable of managing multiple tasks effectively in a demanding environment.
  • Excellent team player with strong communication skills to engage with diverse stakeholders.
Tell employers what skills you have

Commodity
Preventive Maintenance
Microsoft Excel
Tax
Workplace Safety
Advanced Excel
Scripting
Trade Finance
Spreadsheets
Bonds
Communication Skills
Banking
Team Player
KYC
Cash Flow
Shipping

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