Senior Analyst - Trade Finance

Puma Energy; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Puma Energy's Global Delivery Centre in Mumbai seeks an experienced Trade Finance professional to manage L/Cs, bank guarantees and contract reviews for international oil trading activities.

The role requires strong knowledge of trade finance instruments, Incoterms, and excellent English communication. You will liaise with banks, internal teams, and external counterparties to ensure compliant, efficient financial processes.

Qualifications

• 4-8 years of experience in a trading company or financial institution, with exposure to trade finance instruments.
• Desirable knowledge of PEPS trading business, finance, Incoterms, and LCs basics.
• Excellent written and spoken English, strong organization and attention to detail.

Responsibilities

• Issuance of L/Cs or Bank Guarantees and negotiation with banks for bilateral facilities.
• Review of contracts for all transactions in line with policy and procedure.
• Check and approve cargo loadings and discharges respecting contractual obligations.
• Risk covering sales with banks and/or insurance where necessary.
• Release and stock management, exposure monitoring and weekly m2m of storage positions.
• Coordinate with Deals Desk to allocate costs to deal P&L accounts.
• Coordinate with Oil Operations to align logistics with financial and risk considerations.
• Prepare and dispatch invoices and letters of indemnity or shipping documents.
• Record and distribute shipping documents to trading counterparties and banks for prompt LOI cancellations.
• Regularly chase shipping documents not received to optimize credit facilities.
• Ensure timely cargo payments processing and manage cash positions with banks.

Skills

Trade finance concepts

L/C & bank guarantees

Documentation & invoicing

Excel & Word

Communication & coordination

Tools

Microsoft Office

Job description

Company

Puma Energy is a leading global energy business which supplies, stores and distributes petroleum products in 47 countries across six continents. Founded in 1997, Puma Energy has its headquarters in Singapore and Geneva and employs over 8,000 people globally with regional hubs in South Africa, Puerto Rico and Estonia and have recently setup a Global Delivery Centre in Mumbai (India).

Puma Processing Services LLP (PEPS) established in Year 2018, represents Puma Energy's first captive offshoring unit and is based in Mumbai, India with over 200 employees.

Main Purpose:

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

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 liaising with teams in Singapore/ Geneva/ Johannesburg and other onshore Puma locations

Experience

• 4-8 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
• Desirable knowledge on PEPS trading business, Finance, Inco Terms, Basics of LCs etc.
• 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 Relationships

• External Banks, Insurance, Counterparties.
• Internal - Ops, Traders, Contracts, Treasury, Credit, Accounting & Deals Desk