Trade Finance - Singapore - Ampol

Ampol

Verified Company

Singapore

2 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

About Ampol Trading & Shipping
Our purpose at Ampol is to power better journeys today and tomorrow.

Our Trading and Shipping team is key to achieving this, not only supplying our customer's needs today, but evolving as the energy transition takes place to supply our customers well into the future.

We take pride in our people and value innovation, sustainability, and customer satisfaction. If you're a professional committed to excellence, Ampol is looking for you.

About the role

This position will be part of the Treasury (Middle Office) team, monitoring, assessing and administering Trade Finance related matters arising from Ampol Trading and Shipping activities.

The position will consolidate various payment and trade finance related responsibilities and will undertake the day-to-day operations of trade finance to support the activity of the Ampol Trading and Shipping team.

Key responsibilities

Accountable for:

Trade Finance Operations
Monitor and manage performance against credit limit, PCGs and LCs.
Liaise with counterparties/banks for Import and Export LC issuance
Liaise with internal stakeholders to ensure that trade/shipment information and inline with LC issued or received.
Liaise with internal stakeholders to prepare export documents for presentation to Negotiation bank for Export LC.
Ensure that all LCs (Import/Export) are issued in accordance with Treasury Policy.
Coordinate establishment of PCGs including seeking legal, Tax and Treasury review & sign off.

Other

Maintain an updated PCG register.
Maintain working relationship with relationship Trade Finance bank
Other Adhoc projects

Qualifications & experience

Tertiary qualifications in Business/Economics/Finance and Accounting
At least 2 years of working experience in similar role
Experience with LC administration and familiar with the Uniform Customs and Practice for Documentary Credits
Experience working with physical commodities
Familiarity with the Oil & Gas industry
Independent and responsible
Strong numerical and analytical skills
Strong communication skills