Our client, an international company, is looking for an experienced

Trade Finance Officer

Job Function:

• Ensure physical transactions originated by the Trading and under his geographical or product responsibility are financed by Banks;
• Bring support to Front desks for the structuration and operations of their deals;
• Maximize financings and monetization of assets in relation with Trading activity, while avoiding cash traps.

Principal Accountabilities:

• Responsible, within pre-defined banking facilities, to find adequate financing for new physical transactions and provide financial follow up/up-dates to banks once deals are placed;
• Follow up of deals internally in order to give adequate instructions in respect of all collateral to be collected / issued in favour of our banks (invoices, BLs, notification of LCs, PUs, guarantees etc…)
• Responsible for the review of import LCs prepared by LC Dept. prior to have them sent to relevant financing bank for issuance by providing internal visas;
• Coordinate with Treasury the setting up of loans and their renewals whenever necessary and follow up receivables collection (including supervising with LC Desk discounts under LCs).
• Monitor exposure on certain counterparts to be within pre-established internal limits and responsible for (i) advising management whenever needed and (ii) providing credit risk reports on regular basis;
• Follow up payment process of receivables with Trading and whenever necessary, contact Financial Departments of our counterparts and/or their respective banks;
• Whenever necessary search for means of cover such as bank silent guarantees or credit insurance with Insurance Dept. to mitigate AESA payment risk (export side) or performance risk (import side);
• Review financial clauses of contracts issued by Operation Desk whenever needed.
• Inform Trading about financing costs in relation with a deal whenever needed and input them in Nova.
• Control whenever necessary with Treasury Dept. debit advices received from banks.
• Prepare calculation of late interest’s penalties to be raised to clients and issue invoices to affiliates.
• Responsible to provide banks within our TPAs with adequate hedging to secure financings granted on physical transactions

Soft skills:

• Excellent communication skills
• Team spirit
• Sense of initiative
• Ability to work in large organisation and interact with different profiles

Know-how and experience required:

• Minimum 5 years previous working experience in a bank’s Trade Finance Department or in a Trading Company
• Degree in Economics or equivalent
• Master in Commodity Trading from UNIGE, a plus
• Working knowledge of Trade Financial Instrument (letters of credit, guarantees, bill of exchange)
• Working Knowledge of specific aspect of international Trade (such as incoterms)
• Working knowledge of foreign exchange
• Fluent in French and English (oral and writing)