
Trade Finance Executive
4 days ago
**We are representing a commodity trading house for a Trade Finance Executive position.**
**Description**
- Prepare, process, and handle all trade finance related functions
- Issuance of TF related instruments to suppliers and counterparties, i.e. Import LC, SBLC, Guarantee, Bid Bonds, Performance bonds etc.
- Prepare, pre-check export LC and documents against contract and ILC to ensure compliant presentation
- Advise necessary amendments/revisions to ensure workability of all trade finance instruments
- Prepare ELC required documentation such as commercial invoice, beneficiary certificates, insurance certificates etc.
- Entering payments into bank’s online platforms for funds transfer, payments, lines rebooking etc.
- Create, upload and update trade progress onto the in-house system platform
- Monitor and track payables/receivables of counterparties in in-house systems
- Coordinate with banks to obtain bank limits for confirmation and discounting, FX/treasury matters
- Liaise with other functional groups including traders, trade execution teams and accounting to resolve execution issues and provide assistance where necessary
- Assist with yearly audit process by sharing trade documentation, answering trade questions where necessary
- Assist in cargo insurance declarations
- Perform KYC of counterparty where necessary
- Assist in bank account opening procedures
- Ad-hoc improvement projects when assigned
**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 $5,000.00 per month
**Benefits**:
- Dental insurance
- Health insurance
- Professional development
- Vision insurance
Schedule:
- Monday to Friday
Supplemental Pay:
- Performance bonus
- Yearly bonus
**Experience**:
- commodities trade finance: 1 year (preferred)
- oil commodities: 1 year (preferred)
- metals/bulk/agri commodities: 1 year (preferred)
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