Senior Trade Finance Executive
Skilyrði:FinTech
Job Description & Requirements
Responsibilities:
- Handle end-to-end trade finance operations, including Letters of Credit (LC), Documentary Collections, Bank Guarantees and Standby Letters of Credit (SBLC).
- Review trade and shipping documents such as commercial invoices, bills of lading, certificates and insurance documents for accuracy and compliance.
- Prepare, verify and submit trade finance applications, amendments, drawdowns and supporting documents to banks within required timelines.
- Identify documentary discrepancies, assess transaction risks and coordinate timely rectification with internal stakeholders, banks and counterparties.
- Monitor trade finance facilities, limits, utilisation, maturity dates, fees and financing costs.
- Liaise with relationship banks on transaction processing, facility documentation, pricing and operational matters.
- Ensure compliance with internal controls, AML, sanctions and applicable regulatory requirements.
- Coordinate with Commercial, Operations, Finance, Legal and Compliance teams on shipping, bunkering and trading transactions.
- Support cash flow planning and provide visibility on upcoming payments, receipts and financing obligations.
- Guide junior team members and support improvements to trade finance workflows, controls and reporting.
Requirements:
- Diploma or Degree in Finance, Banking, Accountancy, Business, Economics or a related discipline.
- Minimum 5 years of relevant trade finance experience , preferably in shipping, bunkering, commodities trading or the maritime industry.
- Strong practical knowledge of Letters of Credit, Documentary Collections, Bank Guarantees, SBLCs and shipping documentation .
- Good understanding of trade finance controls, AML, sanctions and banking practices.
- Experience dealing with banks, managing trade facilities and handling time-sensitive submissions.
- Strong attention to detail and ability to manage multiple transactions independently.
- Good written and verbal communication skills.
- Proficient in Microsoft Office; ERP, treasury or trade finance system experience is an advantage.
- Able to work independently in a fast-paced environment, meet tight deadlines and demonstrate high integrity and accountability.