Dry Bulk Trade Finance Executive

10 hours ago


Raffles, Singapore KEPLER SEARCH PTE. LTD. Full time

**Trade Finance Specialist - Energy and Commodities industry (DRY BULK)**

Location: CBD

**Description**
- Perform all functions related to trade finance, including preparation, processing, and handling of trade finance instruments.
- Issue import letters of credit, standby letters of credit, guarantees, bid bonds, performance bonds, and other trade finance instruments to suppliers and counterparties.
- Verify the compliance of export letters of credit and documents against contracts and import letters of credit.
- Recommend necessary amendments and revisions to ensure the usability of all trade finance instruments.
- Create commercial invoices, beneficiary certificates, insurance certificates, and other required ELC documentation.
- Manage trade settlement, import payments, trust receipts loans, export negotiation, and account receivables financing.
- Enter payments into the bank's online platforms for funds transfer, payments, lines rebooking, and other purposes.
- Record and update trade progress on the in-house system platform.
- Monitor payables and receivables of counterparties on in-house systems.
- Coordinate with banks for bank limits confirmation, discounting, FX/treasury matters, and other related tasks.
- Collaborate with traders, trade execution teams, and accounting to resolve execution issues and provide assistance where necessary.
- Assist with the yearly audit process by sharing trade documentation and answering trade-related questions.
- Help with cargo insurance declarations and perform KYC of counterparties when required.
- Assist in bank account opening procedures.

**Requirements**:

- At least 4 years relevant experience in commodities trade finance (oil, enery, bulk, metals, agri) within a trading house or bank
- Understanding of UCP600, URC, ISBP and Incoterms

**Job Types**: Full-time, Permanent

**Salary**: Up to $7,000.00 per month

**Benefits**:

- Dental insurance
- Health insurance
- Professional development
- Vision insurance

Schedule:

- Monday to Friday

Supplemental pay types:

- Performance bonus
- Yearly bonus

Work Location: In person
- Health insurance



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