Our client is an international commodity MNC (based in town).

 

Job Responsibilities:

 

• Liaise closely with Trading and Operations Teams to ensure timely securitisation of financing/risk underwriting.
• Placing transactions with financing banks and further liaising with same throughout the life of the transaction.
• Negotiation with counterparties on Import LC formats based on agreed contractual terms
• Issuance of Letters of Credit and Bid/Performance Bonds per contract obligations
• Checking workability of Export Letters of Credit and requesting amendments (if necessary).
• Ensure financial security for each shipment is in good order before giving the approval to load/discharge to the Operations team.
• Checking confirmation/discount rates with banks and updating internal records.
• Working with Settlement Ops on prompt presentation of export documents/
• Maintaining strong relationships with financing (and other) banks including negotiation of bi-lateral facilities as and when required.
• Ensure the proper drafting/countering of financial documentation.
• Chasing for cancellation of expired Bid and Performance Bonds.
• Organisation of expired files.
• General filing as and when required.

 

 

Requirements:

 

• Min diploma qualification
• 2-3 years of experience of working at an international bank / trader/ commodity MNC dealing with Letters of Credit.
• Experience of flows involving oil and /or coal/ iron ore/metals preferred
• Well organized and able to work in a fast paced environment
• Must have solid ability to converse (written and spoken) in Mandarin and English as the role will deal with clients in China (hence requiring Mandarin proficiency)
• Can start now or in the next 2 weeks and able to commit to a 6 mth contract

To apply, pl send your cv in word doc including details on your current salary, expected salary and notice period. You can email to resume@cap-cg.com, or click the below “Apply for this Job” button.

We regret to inform that only shortlisted candidates will be notified.

Posted by:

CAP Consulting (EA license: 14C7175)
Caroline Poh (EA Registration: R1105649)