Trade Finance and Operations Associate - Geylang
Geylang Full-time
Position Title: Trade Finance & Operations Associate
Location: Suntec City, Singapore
Working Hours: Monday to Friday (9:00 AM to 6:00 PM)
We are a homegrown Singaporean commodity trading house with over 40 years of experience in the oil & gas sector. As we expand our team, we are looking for a Trade Finance & Operations Associate with relevant experience in major trading houses or bank operations, ideally with 2 to 5 years of experience.The successful candidate will be involved in managing and executing all trade finance and operations processes, ensuring the smooth execution of trade deals from contract to claim.
Key responsibilities:
- Manage and negotiate Letters of Credit (LC) formats with counterparties, ensuring the accuracy and timely processing of LC/SBLC transactions (e.g., issuance, amendments, acceptance).
- Prepare documents (e.g., invoices, LOI, and other documents) in line with the terms and conditions of the export LC.
- Review contracts and provide feedback on trade finance-related matters.
- Handle full set of shipping documentation (import & export documents including invoices, bill of lading, packing list, certificate of origin, permit declarations, insurance, etc.).
- Coordinate with suppliers for export/import shipment preparation, ensuring timely clearance & delivery in compliance with documentation and customer requests.
- Provide post-deal operational support, managing the process from contract to claim to ensure all operations are handled professionally and safely.
- Upon deal conclusion, assist in preparing contracts in accordance with deal recaps.
- Collaborate with traders on shipping operations, including preparing charter parties, fixture notes, and coordinating loading and pricing dates.
- Manage operational matters, such as checking on loading dates, cargo readiness, berth availability, and ensuring vessels arrive within laycan.
- Ensure trade finance operations are conducted efficiently and that all securities are in place prior to cargo loading (including issuing/receiving trade securities).
- Ensure all shipping documentation is issued in good order and perform all post-deal activities such as demurrage claims, quality and quantity claims, and freight payments.
- Coordinate with surveyors, vessel owners, and agents to ensure all operational processes, from loading to discharge, are carried out smoothly.
Key Requirements:
- At least 2 to 5 years of relevant experience in trade finance, banking operations, or a similar role within major trading houses or banking operations (oil & gas experience preferred).
- Strong understanding of trade finance processes, including LC, collections, shipping documentation, contract review, LC issuance, guarantees, and payment management.
- Experience in managing full sets of shipping documentation and post-deal operations (demurrage, claims, etc.).
- Strong attention to detail and ability to handle multiple tasks efficiently in a fast-paced environment.
- Degree in Business, Accountancy, Banking & Finance, or a related field from a *reputable university*.
- Excellent team player with strong communication skills and the ability to work closely with traders and operators on all trade finance-related matters.
Preferred Qualifications:
- Experience working in oil & gas trading or with commodity trading houses.
- Proficiency in relevant trade finance systems and tools.
- Knowledge of international trade regulations and shipping operations.
If you meet the above criteria and are eager to take on an exciting challenge within a dynamic and growing team, we encourage you to apply.
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