What are the responsibilities and job description for the Structured Trade Finance Analyst position at Gunvor USA LLC?
Job Title: Structured Trade Finance Analyst Contract Type: Time Type: Job Description: The Structured Trade Finance Analyst will report to the STF Manager and will work in close collaboration with the local finance teams. Main Responsibilities · Work with finance team, front office and ops to issue letters of credit to support purchase of product · Reconciliation of Letter of Credit fees from each respective bank · Reviewing daily move sheet to forecast LC issuance, prepayment for product purchases and sales · Reviewing incoming and outgoing payment schedule to reduce incoming and outgoing LC’s · Optimize above usage of letters of credit, including cancellation process and reduction · Work closely with Credit Manager to make sure letters of credit required for sales/margin are received and in place · Work closely with ops team to ensure timely and accurate issuance of invoices and with accounting for application of cash · Work closely with Trade Finance Officer on additional financing and refinancing · Other Duties as may be assigned Qualifications · Experience in the Commodities Trading market, ideally with an oil and oil products background · Experience with Letters of Credit (preferred) that are used in the Commodities Trading market · Ideally, Bachelor’s degree with a major in Finance, Economics or Business Administration · Strong Microsoft office skills · Fluent English required, other languages will be an asset Other attributes · Strong verbal and written communicator · Strong analytical, organizational and communication skills · Demonstrate and inspire integrity and professionalism · Can do attitude / driven, self-motivated and goal orientated · Team player; able to build relationships across the company If you think the open position you see is right for you, we encourage you to apply! Our people make all the difference in our success. In Gunvor, we are always looking for talented and motivated new colleagues who can contribute to the success and growth of our company. Every day, with their know-how, expertise and passion, it is our people who are making the difference and helping us to achieve our vision. Come live your career at Gunvor, our global business offers a wide variety of opportunities and career paths. If you can't find any suitable vacancy, we recommend that you set up alerts to be notified when a position matching your criteria becomes available. Visit: www.gunvorgroup.com
Trade Finance Analyst - req32792
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