Trade Finance Officer

7 days ago

Singapore Vitol Full time

**Company Description**
Vitol is a leader in the energy sector with a presence across the spectrum; from oil through to power, renewables and carbon. It trades over 7 million barrels per day of crude oil and products and, at any time, has 250 ships transporting its cargoes.

Vitol’s clients include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves clients from some 40 offices worldwide and is invested in energy assets globally including: circa 17m m3 of storage globally, 500k bpd of refining capacity, 7,000+ service stations and a growing portfolio of transitional and renewable energy assets. Revenues in 2022 were $505 billion.

Due to business growth plans, we are seeking a high calibre and experienced Trade Finance professional to join the Singapore Treasury team reporting directly to the Regional Treasurer, Asia Pacific & Middle East.
- Handle the full spectrum of documentary trade transactions covering both international and domestic Chinese trades
- Perform and process all day-to-day trade operations transactions covering both import and export LC transactions, and/or other relevant trade instruments including Bank Acceptance draft, CAD, D/P terms
- Ensure compliance of trade finance documentation and activities
- Maintain good relationships with banks and counterparties
- Prepare shipment schedules, keep proper documentation of trade finance records and ensure all transaction documents are in order
- Prepare invoices, shipping documents and other relevant documents required in accordance with export LC terms & conditions
- Perform other duties as assigned from time to time by Manager

**Qualifications**
- Possess a Degree in relevant discipline
- Possess minimum 7 years of Trade Finance and LC preparation experience from metals/mining, trading, banking and other relevant industries
- Conversant in UCP600/ISBP regulations
- Good understanding of both International and Chinese Trade Settlements/Trade Operations, with strong technical skills to handle complex transactions
- Proficient in MS Excel (Advanced/Intermediate)
- Proficient in both written and spoken in Chinese

Competences:

- Able to work in a fast-paced, culturally diverse environment
- Positive work attitude, meticulous and able to work independently with minimum supervision
- Good interpersonal and communication skills.
- Team player, with an open non-political style and a high level of personal integrity

**Additional Information**
- Vitol is an international company with offices across all continents
- You will work in a flat and approachable organization

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