Trade Finance Analyst: Letter of Credit: World Energy Co

ZipRecruiter; London; On-site; GBP 40,000 - 65,000; Full time

Job summary

An exciting opportunity for a Trade Finance Analyst at a leading Energy company. You will manage Letter of Credit transactions and ensure excellent communication with banks while contributing to the company's evolution in the energy sector. Ideal candidates will have experience in trade finance and strong communication skills, working within a diverse and dynamic team.

Qualifications

• Previous experience with LC transactions required.
• Knowledge of trade finance rules such as UCP 600, ISP98 is a plus.
• Good understanding of banking and insurance markets.

Responsibilities

• Covering Documentary Letter of Credit transactions for Trading & Supply.
• Maintaining relationships with banks and internal stakeholders.
• Supporting bank KYC process and handling related queries.

Skills

Attention to detail

Communication skills

Team player

Logical thinking

Interpersonal skills

Education

Experience handling LC transactions

Knowledge of trade finance rules (UCP 600, ISP98, ISBP, URDG)

Understanding of energy markets

Tools

Microsoft Office

Job description

Job Description

Exciting opportunity for Trade Finance Analyst to join this global Energy company

This is an exciting time to join this world-leading Energy company as it evolves from a traditional Oil & Gas enterprise into a future-focused Energy leader. This transformation includes the establishment of a highly successful new Power Trading desk within the Energy Trading team and ventures into cutting-edge solutions that address the evolving demands of the Energy sector. These initiatives include advanced Gas infrastructure, LNG technology, effective Energy Storage systems, and Green Energy solutions. These innovations create opportunities for exceptionally talented individuals to contribute to this evolution, working alongside some of the industry's top professionals and leveraging the very latest technology.

The Role:

• Covering Documentary Letter of Credit (LC) transactions for Trading & Supply entities in the EMEA region.
• Communicating with desks and arranging LCs in a timely manner.
• Presenting documents to banks and following up for payments accordingly.
• Liaising with banks, insurance companies, and other external institutions to secure the appropriate credit security.
• Managing incoming/outgoing LCs and recording the securities in internal systems accordingly.
• Maintaining good relationships with banks in day-to-day transactions.
• Managing good relationships with internal stakeholders.
• Supporting bank KYC process and handling queries for reverse bank KYC requests.
• Assisting with any other ad-hoc tasks assigned by the team.

The Candidate:

• Previous experience handling LC transactions required.
• Knowledge of trade finance rules such as UCP 600, ISP98, ISBP, and URDG will be a plus.
• Working knowledge of banking and insurance markets will be beneficial.
• A team player with attention to detail.
• Good communication skills with sound judgment between credit risks and profitability to advise the business.
• Good understanding of Microsoft Office products (Word, Excel, Presentations, SharePoint, etc.).
• Understanding of energy markets will be helpful.

This role requires a positive attitude and the ability to work within a large, globally dispersed project team in a multicultural environment. You need to be a self-starter, a logical thinker, and a quick learner, with strong initiative and excellent communication, interpersonal, and presentation skills, able to write clearly and concisely. We believe in equality of opportunity for all job applicants regardless of marital status, nationality, creed, or other factors. With a focus within Energy Trading, Oil & Gas, Financial Markets, and Commodities, we offer a transparent recruitment service that has proven to be reliable and effective for over 40 years. We are ISO accredited and proud of our TrustPilot reviews. Your search for a new contract assignment or permanent job will be in safe hands with Eaglecliff Recruitment. Please contact us for an immediate response or email your CV for a quick reply. Eaglecliff Ltd acts as an employment agency for permanent recruitment and an employment business for contractor resourcing.