Assistant Manager (Trade Finance, Consultancy Firm, Oil & Gas) - #1130111
Trust Recruit
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.
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Trust Recruit Pte Ltd
EA License No: 19C9950
EA Personnel: Khor Khang Qin
EA Personnel Reg No: R22109669
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