Trade Finance and Treasure - Firm - Oil & Gas

salary Salary :

$5,000 - 6,000 monthly

icon building Company : TRUST RECRUIT
icon briefcase Job Type : Full Time

Number of Applicants

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000+

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Job Description - Trade Finance and Treasure - Firm - Oil & Gas

Job Description:

  • Review and validate all Letter of Credits, managing day-to-day import and export LC transactions.
  • Ensure the accuracy and compliance of trade finance activities, meticulously examining sales and purchase contracts before submission to banks.
  • Handle procedures for bank account opening, documentation, and upkeep.
  • Foster and sustain relationships with banks and counterparties.
  • Engage in negotiations of LC terms with buyers/sellers and handle counter offers effectively.
  • Supervise shipment schedules and maintain comprehensive documentation of trade finance records.
  • Guarantee the precision and thoroughness of all transaction documents.
  • Supervise inward/outward remittance transactions, loan settlements, and treasury product settlements.
  • Predict cash flow positions, including the management of cash pooling for both immediate and long-term needs.
  • Evaluate funds available for business transactions.
  • Conduct bank lines reconciliation.
  • Timely report exceptions in Trade Finance transactions or other pertinent matters to Management.
  • Monitor invoices, discounting & LOI redemption, and other documents in adherence to export LC terms & conditions.
  • Ensure adherence to UCP600/ISBP regulations.
  • Undertake additional duties as assigned periodically.

Job Requirements:

  • Familiarity with UCP600/ISBP regulations.
  • Preferential background in banks/trade finance, commodity companies, or Oil & Gas industry.
  • Profound understanding of International Trade Settlements and Trade Operations, coupled with adeptness in handling complex transactions.
  • Exceptional organizational and time management capabilities.
  • Sound knowledge of cash management and Treasury activities.
  • Ability to thrive in a dynamic, culturally diverse, and collaborative environment.
  • Positive work demeanor, proactive approach, keen attention to detail, and precision.
  • Demonstrated leadership experience in managing a small team.
  • Advanced proficiency in MS Excel.
  • Ability to work autonomously under pressure and tight deadlines.
  • Excellent communication and presentation aptitude, with fluency in both English and Mandarin for effective communication with overseas Mandarin-speaking associates.
  • Willingness to commit additional working hours as required.

HOW TO APPLY:

Interested applicants, please click on “Apply Now” and provide the below details in your resume.

We regret only shortlisted candidates will be notified.

Important Note: Trust Recruit Pte Ltd is committed to safeguarding your personal data in accordance with the Personal Data Protection Act (PDPA).

Please read our privacy statement on our corporate website www.trustrecruit.com.sg.

Trust Recruit Pte Ltd
EA License No: 19C9950
EA Personnel: Jordan Fung Si Jong
EA Personnel Reg No: R23112945
 

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