Treasury Executive (Commodities) (T14129)
Salary undisclosed
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- Achieve in-depth understanding of available financing facilities
- Monitor, track, plan and allocate bank and utilization for all shipments across all lenders
- Detailed Cash flow updating, maintenance and planning in spreadsheet and system on deal by deal basis (weekly reporting) (spot and term deals cash requirements)
- Approach and present to banks new/adhoc financing requirements not within facility framework, security/collateral discussions n requirements, provide KYC etc
- Daily communication with operations team to approve payment requests by ensuring payment is valid and due for payment - tally and check of invoice and/or shipping documents
- Assist to resolve outstanding payment issues and discussions with counterparties
- Monitoring and maintenance of banking accounts across banks and lenders.
- Monitor and track prepayment risk, open account risk, amortization repayment, stockpile loading schedules etc for reporting purposes
- Reconciliation of debtors and creditors list/outstanding payables and receivables
- Attending to and addressing internal and external stakeholders’ queries and inspections and monthly reporting - to be excel proficient, scripting and programming skills preferred
- Assist to expand and develop company’s banking relationship (review/negotiate term sheets, standard banking terms and conditions from Gulf /Europe banks etc)
- Understanding shipment & risk exposure and ensure relevant insurance in place eg. Marine open cover, assist in insurance declarations
- Assist in bank kyc & facility renewals, account opening procedures and adhoc tasks
- At least 6 years of trade finance experience
- Knowledge/previous experience in physical commodity trading in Asia
- Knowledge of trade finance, rules guidelines of UCP ISBP, banking TR procedures
- Good understanding of full suite of trade finance related terms, processes and functions (LC/collections/ shipping documents/contracts checking, LC/ Guarantee/ Bond issuances, monitor/effect payments)
- Excel and programming skills
- Able to multi-task and work in a challenging environment
- Team player, strong communication skills and to liaise with the different stakeholders
- Achieve in-depth understanding of available financing facilities
- Monitor, track, plan and allocate bank and utilization for all shipments across all lenders
- Detailed Cash flow updating, maintenance and planning in spreadsheet and system on deal by deal basis (weekly reporting) (spot and term deals cash requirements)
- Approach and present to banks new/adhoc financing requirements not within facility framework, security/collateral discussions n requirements, provide KYC etc
- Daily communication with operations team to approve payment requests by ensuring payment is valid and due for payment - tally and check of invoice and/or shipping documents
- Assist to resolve outstanding payment issues and discussions with counterparties
- Monitoring and maintenance of banking accounts across banks and lenders.
- Monitor and track prepayment risk, open account risk, amortization repayment, stockpile loading schedules etc for reporting purposes
- Reconciliation of debtors and creditors list/outstanding payables and receivables
- Attending to and addressing internal and external stakeholders’ queries and inspections and monthly reporting - to be excel proficient, scripting and programming skills preferred
- Assist to expand and develop company’s banking relationship (review/negotiate term sheets, standard banking terms and conditions from Gulf /Europe banks etc)
- Understanding shipment & risk exposure and ensure relevant insurance in place eg. Marine open cover, assist in insurance declarations
- Assist in bank kyc & facility renewals, account opening procedures and adhoc tasks
- At least 6 years of trade finance experience
- Knowledge/previous experience in physical commodity trading in Asia
- Knowledge of trade finance, rules guidelines of UCP ISBP, banking TR procedures
- Good understanding of full suite of trade finance related terms, processes and functions (LC/collections/ shipping documents/contracts checking, LC/ Guarantee/ Bond issuances, monitor/effect payments)
- Excel and programming skills
- Able to multi-task and work in a challenging environment
- Team player, strong communication skills and to liaise with the different stakeholders