Trade Finance Executive - Fixed Term Contract

  • Location

    London, England

  • Sector:

    Finance & risk

  • Salary:

    £50000.00 - £55000.00 per annum

  • Contact:

    Sarah Stott

  • Contact email:

    sarah@elevenrecruitment.com

  • Job ref:

    J6435_1553245609

  • Published:

    7 months ago

  • Expiry date:

    2019-04-21

  • Start date:

    ASAP

  • Consultant:

    #

Trade Finance Executive - Fixed Term Contract

Reporting to: Trade Finance Manager

Purpose of the job:
To assist the Trade Finance Manager in carrying out all aspects of the day to day trade finance requirements of the company. Provide support to the trade finance functions in daily processing and assist in handling of trade finance transactional matters (e.g. checking and processing of export/import letter of credit documentation)

Key tasks and responsibilities:
All aspects of import and export Letter of Credit transactions, standby letters of credit, bonds and guarantees. Monitoring of internal credit limits
Borrowing base facilities administration
Issuance of AR invoices
Declaration of Cargo insurance
Chasing outstanding invoices. (Product and Miscellaneous invoices)
Liaise with banks, local and overseas counterparts when necessary so as to ensure timely receipt and issuance of financial security, receipt of payments and delivery of cargoes.
To provide cover in the absence of other members of the Finance team, where appropriate
Establish a good working relationship with traders, operations, finance team and the Singapore and US Trade Finance Department. Proactive communication with all departments
Ad hoc support required by the supervisor

Requirements:
Qualifications and experience:
Minimum Diploma holders with or without experience
Min 3-5 years relevant trade finance experience gained with a trading company or Commodity bank.
Prior experience in the trading or shipping industry will be an advantage
A sound working knowledge of UCP 600, ISP98 and Incoterms.

Knowledge and Skills:
Good interpersonal and communication skills
Good knowledge of Microsoft applications such as Word and Excel

Attributes:
Self-starter, able to manage their own tasks and work commitments.
Be a natural team-player capable of participation at all levels with good interpersonal skills.
Be keen to learn, understand and take on new tasks.
Excellent attention to details.
Be self-motivated and capable of using and applying their initiative to new situations.
Pleasant personality with the ability to communicate effectively with individuals at all levels