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
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