Main Purpose:

To provide efficient finance operations and risk management for our international oil trading activities

Key responsibilities:

- Issuance of L/C's or Bank Guarantees for our purchases & sales of Crude and Oil Products including negotiation with banks in order to place transactions under bilateral facilities

- Review of contracts for all transactions in accordance with company policy and procedure

- To check and approve cargo loadings and discharges whilst ensuring contractual obligations are met without exposing the company to risk or loss

- Risk covering sales where necessary with Banks and/or Insurance

- Ensuring that Risk Management decisions are appropriate, bearing in mind financial/commercial imperatives.

- Release and stock management, exposure monitoring and weekly m2m of any storage positions

- 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 Oil Operations team to ensure that our physical logistical requirements are in alignment with financial and risk considerations

- Preparation and despatch of Invoices and Letters of Indemnity (or shipping documents) for payment under Documentary Letters of Credit received from our buyers

- The reception / recording and distribution of shipping documents - including the allocation and despatch of such documents to our trading counter-parts / financing banks enabling the prompt cancellation of outstanding LOI's

- The regular chasing of any shipping documents not received in a timely manner from our trading counter-parts / financing banks - thus ensuring that our credit facilities are used to an optimum level

- Ensuring timely processing of Cargo payments together with managing cash positions with the Banks.

- Closely liasoning with teams in locations like Singapore/ Geneva/ Johannesburg etc

Required qualifications:

- Minimum 1+ years' experience in within a Trading Company / Financial institution having gained a basic understanding of the principals surrounding Trade Finance instruments and their pitfalls would be desirable.

- Educational background - Postgraduate in Finance / Master's degree

Attributes for success:

- 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 initiatives 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 external stakeholders

- An individual who is not only comfortable but thrives in a high-pressure environment

- Proficiency in Microsoft Office applications, particularly Outlook, Word and Excel

- Excellent spoken and written English

Department overview:

Key Relationships:

- External - Banks, Insurance, Counterparties.

- Internal - Operations, Traders, Contracts, Treasury, Securitisation, Accounting & Deals Desk

Reporting Structure - Manager at TGS