Assistant Manager (Trade Finance, Consultancy Firm, Oil & Gas)

TRUST RECRUIT PTE. LTD.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading recruitment agency in Singapore seeks an experienced trade finance professional to oversee import/export transactions and manage Letters of Credit. The ideal candidate has over 6 years of relevant experience in trade operations, preferably in the Oil & Gas or commodities sectors. Strong knowledge of UCP600 regulations and exceptional organizational skills are key requirements for this role. Interested applicants should apply directly. Only shortlisted candidates will be notified.

Qualifications

• 6+ years in trade finance or related field, ideally in Oil & Gas or commodities.
• Strong knowledge of UCP600/ISBP regulations.
• Familiarity with cash management and treasury functions.

Responsibilities

• Review and verify all Letters of Credit and manage trade operations.
• Prepare and ensure compliance of trade finance documents.
• Negotiate and manage LC terms with buyers and sellers.

Skills

Trade finance operations

Document compliance

Cash management

Negotiation

Organization

Team collaboration

Education

Diploma or Degree in Logistics, Shipping, Supply Chain, or International Trade

Job description

Job Description

• Review and verify all Letters of Credit (LC) and manage day-to-day trade operations for both import and export transactions.
• Prepare, review, and ensure compliance of trade finance activities, including the accuracy and completeness of documents such as sales and purchase contracts, before submission to banks.
• Handle bank account opening, documentation, and ongoing maintenance.
• Build and maintain strong relationships with banks and business counterparties.
• Negotiate and manage LC terms with buyers and sellers.
• Oversee shipment schedules, ensure proper documentation of trade finance records, and verify the accuracy of all transaction documents.
• Manage inward and outward remittances, loan settlements, and treasury product settlements.
• Forecast cash flow positions (short-term and long-term), including cash pooling, borrowing requirements, and fund availability for business transactions.
• Reconcile bank credit lines and ensure accuracy of records.
• Escalate exceptions in trade finance transactions to Management promptly and take appropriate actions.
• Monitor invoices, discounting, LOI redemption, and other documents to ensure compliance with export LC terms and conditions.

Job Requirements

• Diploma or Degree in Logistics, Shipping, Supply Chain, or International Trade is preferred.
• Minimum of 6 years of relevant experience, preferably within Oil & Gas, or Commodity companies.
• Strong knowledge of UCP600/ISBP regulations.
• Solid understanding of International Trade Settlements and Trade Operations, with proven technical expertise.
• Well-developed organizational and time management skills.
• Familiarity with cash management and treasury functions.
• Ability to perform effectively in a fast-paced, collaborative, and team-oriented environment.

HOW TO APPLY

Interested applicants, please click on "Apply Now". We regret only shortlisted candidates will be notified.