Trade Finance Manager

• Cash management
• Allocation of banks to individual trades,
• Communication with banks,
• Maintaining/increasing bank credit lines for oil products portfolio,
• Advising Trade Finance staff,
• Reporting to CFO;
• Full cycle of deal financing:
• Analysis and approval of financing clause in trade contracts,
• Preparation of deal file to banks (deal recap, contract, product movement summary, counterparty analysis, risks involved, deadlines, prices),
• Selection of appropriate bank and communication the potential deal,
• Agreeing financing terms and preparation of finance instruments (LC, SBLC, guarantee, Bid- bonds, Performance bonds, discounting),
• Preparation and approval of finance costs with trader and CFO,
• Follow up financed deal,
• Import and export documents checking,
• Monitoring of stock positions and releases,
• Sending release orders to banks,
• Ensuring communications between Operations, banks, risk management.

Required skills:

• Professional skills in Trade and Commodity Finance/Treasury with a good experience in banking and corporate sphere
• Specialist in documentary operations, including import and export letters of credit (L/Cs), collections, guarantees, and SBLCs. Cash management.
• To be able to establish strong collaborations with major banks and financial institutions
• Provide support to the team in export/import execution, including letters of credit, collections, and guarantees.