For Trade Finance, you are responsible for
- Maintaining relationships with banks to secure sufficient and competitive credit facilities and to ensure efficient execution of all trade finance transactions
- Handling of different types of Letters of credit
- Collection, presentation and negotiation of LCs with counterparties and trade finance banks
- Expanding credit facilities with banks as and when required
- Monitoring funds utilisation, margin financing and working capital
- Compliance with regulatory requirements from government agencies
- Ensuring timely and accurate receipt of payment from our buyers and payments to our suppliers
- Building daily/monthly/quarterly cash flow projections
- Building/ Implementing Financing structures
- Timely CTRM entries including update and reconciliation of actual quantities etc
- Review Credit proposals
- Coordination with Traders & Operators
Important skills/ experience set to own:
- Minimum 6 years of experience in Trade Finance & Treasury role.
- Commodities Trading experience preferred. Any experience in dealing with Indian companies is preferred due to company customer base.
- Graduation in Finance, Economics, MBA is preferred.
- Should have good analytical skills and an eye for detail.
- Proficiency in Incoterms, UCP 600 code.
- Structural Trades.
- Ability to work under time pressures when required.
- Communication and presentation skills.
- High proficiency in EXCEL spreadsheet or equivalent software (Access or Visio etc).
- Experience in using CTRM or equivalent systems.