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Jobs in Singapore   »   Jobs in Singapore   »   Finance / Banking / Insurance Job   »   Trade Finance Executive (Commodities)
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Trade Finance Executive (Commodities)

Petro-win Resources Pte. Ltd.

Petro-win Resources Pte. Ltd. company logo

Job Description:

  • Prepare and negotiate the terms and conditions for Sales and Purchase Contracts
  • Handle trade finance transactions (such as ILC, TR, freight loan, ELC, discounting) and remittances
  • Prepare, negotiate, apply, and present Letters of Credit. Manage the issuance of import L/C, L/C amendments, Master L/C (MLC), and MLC amendments.
  • Prepare Proforma Invoices and (Export) documents for the bank or the client directly
  • Monitor both import payments and export receipts. Handle remittance transactions and work closely with the bank operations team to address any incoming or outgoing remittance matters.
  • Monitor and update banks' facilities limit and utilization
  • Assist the company in monitoring cash flow movements on a daily and weekly basis.
  • Liaise with suppliers, buyers, bankers, and ship owners/brokers
  • Control and monitor the utilization of credit facilities and track all transactions
  • Liaise with bankers to open new credit facilities and review any new credit facilities
  • Respond to any banker's queries on the company and its related companies
  • File and archive transactions
  • Perform any other ad-hoc duties assigned by management.

Job Requirement:

  • At least a Diploma
  • Proficiency in Chinese and English
  • The ability to correspond with Chinese counterparties/banks
  • Willingness and ability to multi-task and work in a fast-paced environment
  • Maturity, independence, self-motivation, and a team player
  • At least 2 years of trade operations working experience in the energy and/or commodities industry
  • Preferably can start work immediately/on short notice

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