Main Purpose:
To provide efficient finance operations and risk management for our international Concentratestrading activities
Knowledge, Skills and Abilities
- MBA or PG with 3 years of experience in Finance or trading firm having gained a basic understanding of the principalssurrounding Trade Finance instruments and their pitfalls would be desirable
- CDCS / middle office & back office experience preferred
- Well-organized and pro-active, excellent communication skills, strong coordinating skills, able to demonstrate exceptional problem solving and the ability to think in a highly logical and critical fashion
- Highly diligent and sharp eye for attention to details
- Able to take initiative and not only work to, but also set their own quickly changing deadlines
- A team player, who is able to confidentially adapt their interpersonal approach as the situation demands, able to build strong relations both inter-departmentally and with externalstakeholders
- An individual who is not only comfortable but thrives in a high-pressure environment
- Proficiency in Microsoft Office applications, particularly Word and Excel
- Excellent spoken and written English
Key Responsibilities:
- Handling of L/C’s or Bank Guaranteesfor our purchases/sale of Concentrates And related Products.
- Preparation and despatch of Invoices and shipping documents(and/or Letters of Indemnity) for payment under Documentary Letters of Credit received from our buyers.
- Ensuring timely processing of Cargo paymentstogether with managing cash positions with the Banks.
- Closely liasoning with teams in locations within APAC Region, especially Finance and Operations
- The reception / recording and distribution of shipping documents – including the allocation and despatch of such documentsto our trading counter-parts/ financing banks enabling the prompt cancellation of outstanding LOI’s
- Handling Bank Reconciliations and closing all outstanding items
- Close co-operation with our Deals Desk personnel to ensure any costs agreed by Trade Finance are allocated correctly to the separately maintained deal Profit and Loss accounts.
- Close co-operation with our Operationsteam to ensure that our physical logistical requirements are in alignment with financial and risk considerations
- Handling Discharge LOI and Checking BL workability from Finance perspective
- Release and stock management, exposure monitoring and weekly m2m of any storage positions.
Key Relationships
- External – Banks, Counterparties.
- Internal – Ops, Traders, Contracts, Treasury, Securitisation, Accounting & Deals Desk
Reporting Structure