Trade Finance Specialist

Main Responsibilities

  • Management of day to day tasks including all life cycle events of letters of credit, receivables discounting, letter of credit discounting and supply chain finance.

  • Processing of all letters of credit (import and export - issue, advise amend, acceptance, discount, payment, checking documents) and maintaining a regular dialogue with bank’s operation team.

  • Evaluation and recommendation of trade finance products on a cargo by cargo basis

  • Managing onboarding and KYC process for new counterparties

  • Regular reporting on cash and facility usage, including review of bank charges by bank, product and contract.

  • Overseeing cash across all banks

  • Establishing a good working relationship with traders, operations and finance team

  • Process controller managing on-going automation projects and technological advancements

  • Assist finance team for managing and developing the Company’s relationship with Trade Finance banks

Requirements

  • Bachelor degree in economics, banking / finance, or equivalent

  • Minimum 3+ years’ experience in a Trade Finance / Treasury role. Prior experience within an international commodity trading house, Oil Major is preferred or a Bank.

  • Good understanding of the Commodity Trade Finance Business, including, but not limited to, Letters of Credit, Trade Guarantees, Collections, ARP, Factoring, Supplier finance.

  • Legally authorised to work in the UK without restriction.

  • Proficient in English