Trafigura - Trade Finance Analyst

Trade Finance Analyst

Main Purpose: To provide efficient finance operations and risk management for our international oil trading activities.

Knowledge, Skills & Abilities:

- 2+ years within a Trading Company / Financial institution having gained a basic understanding of the principals surrounding Trade Finance instruments and their pitfalls would be desirable

- 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 external stakeholders

- 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:

- Issuance of L/Cs or Bank Guarantees for our purchases 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.

- 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 dispatch 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 dispatch of such documents to our trading counter-parts / financing banks enabling the prompt cancellation of outstanding LOIs

- 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 liaison with teams in locations like Singapore/ Geneva/ Johannesburg etc.

Key Relationships:

External: Banks, Insurance, Counterparties.

Internal: Ops, Traders, Contracts, Treasury, Securitization, Accounting & Deals Desk