Job Responsibilities
- Secure trade finance agreements with banks, alternative finance providers, and brokers.
- Manage trade transactions from initiation to fund receipt daily.
- Evaluate and issue letters of credit, bonds, and guarantees.
- Monitor internal credit lines and mitigate non-payment risk.
- Coordinate and issue negotiable documents (bills of lading, certificates, discharge reports, LOIs).
- Build strong relationships with traders, operations, and the finance team.
- Ensure proactive communication with all departments.
- Engage with banks and counterparts to ensure timely financial securities, payments, and cargo delivery.
- Exhibit knowledge of borrowing base facilities and reconcile bank positions.
- Follow and improve internal controls and processes.
- Update cash and LC bank position files daily.
- Manage daily payments and receipts, and inform personnel of fund status.
- Maintain weekly account balance reports for Singapore.
- Prepare a working capital list of outstanding transactions and payments.
- Perform additional tasks as assigned.
- Coordinate with group offices and manage transactions in other locations as needed.
Job Requirement
- Candidate should possess a Bachelor’s degree in Accounting, Finance, Tax, or Business Administration
- At least 8 years of experience in international trade finance and/or letter of credit operations within a trading company or bank.
- At least 5 years of experience managing borrowing base facilities.
- Consistently demonstrate professionalism, integrity, and confidentiality in all tasks.
- Strong analytical and problem-solving abilities.
- Proficient in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint, and Teams).
- Ability to work across multiple time zones.
- Location: Raffles Place
How to apply:
By submitting any application or resume to us, you will be deemed to have agreed and consented to us disclosing your personal information to prospective employers for their consideration.
We regret only shortlisted candidates will be notified.
Registration No.: R21103560
EA License No.: 20C0426 (Elitez & Associates)
