
Trade Finance Executive-Crude Oil
7 days ago
- Managing the execution Imports & Export LC, LC confirmations, Discounting, Guarantees, Performance Bonds, Tenders etc.
- Handling LC amendments, reviewing the underlying contracts, checking documentation, negotiating key terms with banks or internal stakeholders.
- Be the principal and essential intermediary between operators and bank's LC functions as well as front-office.
- Ensure follow up on all the documentary process and payments; Monitoring the daily financing needs for the Company's trading activities.
- Working and maintaining relations with our key financing banks and internal stakeholders; Assisting in the structuring of prepayments and project financing structures.
- Negotiating bilateral trade finance documentation with banks, both in English and Mandarin given the role.
- Ensure that regulatory, bank's policies, guidelines, controls, and compliance requirements are adhered to. Identify documentary discrepancies, transaction exceptions and/or non-compliance with regulations and escalate them to the relevant parties for resolution.
- Any other duties as assigned.
- Minimum Bachelor's Degree or equivalent
- Detailed knowledge of UCP600, ISBP and ISP98 and general commodity trading incoterms
- 2 years' experience in Trade Finance/Structured Trade Finance department in the Oil & Gas Industry or Banks
- Good understanding of physical trading operations and inventory management
- Meticulous and able to work independently and meet tight deadlines
- Proficiency in Mandarin to be able to liaise effectively with native Mandarin-speaking stakeholders and to understand Chinese documents
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