Responsibilities:

• Achieve in-depth understanding of available financing facilities

• Monitor, track, plan and allocate bank and utilization for all shipments across all lenders

• Detailed Cash flow updating, maintenance and planning in spreadsheet and system on deal by deal basis (weekly reporting) (spot and term deals cash requirements)

• Approach and present to banks new/adhoc financing requirements not within facility framework, security/collateral discussions n requirements, provide KYC etc

• Daily communication with operations team to approve payment requests by ensuring payment is valid and due for payment – tally and check of invoice and/or shipping documents

• Assist to resolve outstanding payment issues and discussions with counterparties

• Monitoring and maintenance of banking accounts across banks and lenders.

• Monitor and track prepayment risk, open account risk, amortization repayment, stockpile loading schedules etc for reporting purposes
• Reconciliation of debtors and creditors list/outstanding payables and receivables

• Attending to and addressing internal and external stakeholders’ queries and inspections and monthly reporting – to be excel proficient, scripting and programming skills preferred

• Assist to expand and develop company’s banking relationship (review/negotiate term sheets, standard banking terms and conditions from Gulf /Europe banks etc)

• Understanding shipment & risk exposure and ensure relevant insurance in place eg. Marine open cover, assist in insurance declarations

• Assist in bank kyc & facility renewals, account opening procedures and adhoc tasks

Requirement:
• At least 6 years of trade finance experience
• Knowledge/previous experience in physical commodity trading in Asia
• Knowledge of trade finance, rules guidelines of UCP ISBP, banking TR procedures
• Good understanding of full suite of trade finance related terms, processes and functions (LC/collections/ shipping documents/contracts checking, LC/ Guarantee/ Bond issuances, monitor/effect payments)
• Excel and programming skills
• Able to multi-task and work in a challenging environment
• Team player, strong communication skills and to liaise with the different stakeholders