Trade Finance Officer

• Set up relevant financial structures for all transactions in order to minimize risk, optimize working capital and reduce financing cost
• Review tenders and business projects to identify finance related requirements and meet the requirements in an optimal manner
• Review facility and security documentation for existing and new financing facilities
• Be the main point of contact for all banking related matters
• Review and negotiate bank documentation of existing and new financing facilities
• Be responsible for allocating Accounts Receivables discounting, LC issuance, and LC confirmation business among the banking pool in a cost-efficient and timely manner
• Minimize financing costs through negotiations.
• Review contracts and tender documents in order to identify and address finance related requirements
• Be a source and point of contact for commercial teams to provide advice and guidance on financing costs and availability of various financing tools to support the business while meeting KPIs
• Review and pro-actively assist in creating new and/or updated internal finance procedures to keep up with best practices
• Prepare various information and reporting packages for banks and financing partners covering business, operational, financial, and other information about the Group

Letter of Credit Management

• Negotiate LC/Guarantee wording in accordance with internal policies to adequately protect the company
• Manage LC requests (IN/OUT) and liaise with operations and banks’ LC departments to ensure acceptable LCs are issued/received timely
• Be responsible for managing the documentary process for commercial LCs, LC confirmations, and discounting of LCs with banks;
• Be responsible to review and advise stakeholders on all documentary processes and requirements related to LCs and LC payments;
• Review and manage tender related LC requirements, such as Bid Bonds, Performance Bonds, and make allocations at minimum cost;
• Contractual review for finance-related matters to ensure compliance with company policies;
• Input, maintain and verify data in a proprietary system (Autoline).

Skills

• Bachelor’s degree in business or finance. ACCA, CA, CMA or MBA is a plus
• 3-5 years of experience in trade finance preferably in banks
• Should work independently
• Good oral and written communication skills
• Good organizational skills
• Strong analytical skills, a sound understanding of international settlement processes is expected