Coal/bulk Trade Finance Executive - Singapore - KEPLER SEARCH PTE. LTD.

KEPLER SEARCH PTE. LTD.

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

beBee Recruiter

**We are representing a commodity trading house for a Trade Finance Executive position.

Responsibilities

Prepare, process, and handle all trade finance related functions
Issuance of TF related instruments to suppliers and counterparties, i.e. Import LC, SBLC, Guarantee, Bid Bonds, Performance bonds etc.
Prepare, precheck export LC and documents against contract and ILC to ensure compliant presentation
Advise necessary amendments/revisions to ensure workability of all trade finance instruments
Prepare ELC required documentation such as commercial invoice, beneficiary certificates, insurance certificates etc.
Entering payments into bank's online platforms for funds transfer, payments, lines rebooking etc.
Create, upload and update trade progress onto the inhouse system platform
Monitor and track payables/receivables of counterparties in inhouse systems
Coordinate with banks to obtain bank limits for confirmation and discounting, FX/treasury matters
Liaise with other functional groups including traders, trade execution teams and accounting to resolve execution issues and provide assistance where necessary
Assist with yearly audit process by sharing trade documentation, answering trade questions where necessary
Assist in cargo insurance declarations
Perform KYC of counterparty where necessary
Assist in bank account opening procedures
Adhoc improvement projects when assigned

Requirements:

Minimum 5 years experience in commodities trade finance (back office or middle office) within a trading house or bank
Understanding of UCP600, URC, ISBP and Incoterms