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Trade Finance

3 weeks ago

Singapore Ampol Management Services Pte Ltd Full time

**About Ampol Trading & Shipping**

Our purpose at Ampol is to power better journeys today and tomorrow. Our Trading and Shipping team is key to achieving this, not only supplying our customer’s needs today, but evolving as the energy transition takes place to supply our customers well into the future.

We take pride in our people and value innovation, sustainability, and customer satisfaction. If you’re a professional committed to excellence, Ampol is looking for you.

**About the role**

This position will be part of the Treasury (Middle Office) team, monitoring, assessing and administering Trade Finance related matters arising from Ampol Trading and Shipping activities.

The position will consolidate various payment and trade finance related responsibilities and will undertake the day-to-day operations of trade finance to support the activity of the Ampol Trading and Shipping team.

**Key responsibilities**
- Trade Finance Operations
- Monitor and manage performance against credit limit, PCGs and LCs.
- Liaise with counterparties/banks for Import and Export LC issuance
- Liaise with internal stakeholders to ensure that trade/shipment information and in-line with LC issued or received.
- Liaise with internal stakeholders to prepare export documents for presentation to Negotiation bank for Export LC.
- Ensure that all LCs (Import/Export) are issued in accordance with Treasury Policy.
- Coordinate establishment of PCGs including seeking legal, Tax and Treasury review & sign off.
- Maintain an updated PCG register.
- Maintain working relationship with relationship Trade Finance bank
- Other Ad-hoc projects

**Qualifications & experience**
- Tertiary qualifications in Business/Economics/Finance and Accounting
- At least 2 years of working experience in similar role
- Experience with LC administration and familiar with the Uniform Customs and Practice for Documentary Credits
- Experience working with physical commodities
- Familiarity with the Oil & Gas industry
- Independent and responsible
- Strong numerical and analytical skills
- Strong communication skills

Work Location: In person