Job details
Responsibilities:Cash managementAllocation of banks to individual tradesCommunication with banksMaintaining/increasing bank credit lines for oil products portfolioAdvising Trade Finance staffReporting to CFOFull cycle of deal financing:Analysis and approval of financing clause in trade contractsPreparation of deal file to banks (deal recap, contract, product movement summary, counterparty analysis, risks involved, deadlines, prices)Selection of appropriate bank and communication of the potential dealAgreeing financing terms and preparation of finance instruments (LC, SBLC, guarantee, Bid-bonds, Performance bonds, discounting)Preparation and approval of finance costs with trader and CFOFollow up on financed dealsImport and export documents checkingMonitoring of stock positions and releasesSending release orders to banksEnsuring communications between Operations, banks, and risk managementRequired Skills:Professional skills in Trade and Commodity Finance/Treasury with good experience in banking and corporate sphereSpecialist in documentary operations, including import and export letters of credit (L/Cs), collections, guarantees, and SBLCsAbility to establish strong collaborations with major banks and financial institutionsProvide support to the team in export/import execution, including letters of credit, collections, and guarantees
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Hiring company
Confidential
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Accountancy Diploma Apex LearningAED 88
AED 1,763Duration: Upto 2 Hours -
Financial Statements Understanding and Analysis Course LineAED 88Duration: Upto 4 Hours
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