trade finance specialist in houston

posted
contact
kourtney kadrich, tatum executive services
job type
permanent
salary
US$ 150,000 - US$ 180,000 per year
apply now

job details

posted
location
houston, texas
job category
Finance & Economics
job type
permanent
working hours
8 to 5
salary
US$ 150,000 - US$ 180,000 per year
experience
10 Years
reference number
486890
contact
kourtney kadrich, tatum executive services
phone
7132737426

job description

job summary:

Do you have Trade Finance experience in an energy commodity trading and/or banking environment? Do you want to work for a Global Leader? We are looking for a Trading Finance and Treasury Specialist. Step into the role of Trade Finance and Treasury Specialist where you will mostly be focusing on managing all aspects of trade finance, maintaining banking relationships, and policy and procedure development. The ideal candidate will be degreed, have at least fifteen (15) years of Trade Finance experience, and practical knowledge of UCP 600, ISP 98, and URR 525. Their parent company is in Fortune's Global 500! They also offer top of the line benefits including free health insurance for employees and their spouse.

If this sounds interesting to you please click to apply or send your resume to kourtney.kadrich@randstadusa.com

 
location: Houston, Texas
job type: Permanent
salary: $150,000 - 180,000 per year
work hours: 8 to 5
education: Bachelor's degree
experience: 10 Years
 
responsibilities:

Main point of contact for all trade finance responsibilities and issues.

Manage all aspects of trade finance; operation of letters of credit, standby letters of credit, bonds and guarantees. Monitoring of internal credit lines. Non-payment risk sell off to banks and insurance companies.

Issue, monitor and request Standby/Documentary Letters of Credit and related amendments with all interested parties (counterparties).

Establish a strong working relationship with traders, operations, risk, and legal team. Proactive communication with all departments. Liaise with banks, local and overseas counterparts when necessary to ensure timely receipt and issuance of financial security, receipt of payments and delivery of barges/cargoes.

Ensuring compliance with various types of contracts (e.g., storage, commercial, etc.) in protecting the Company's interests.

Liaise with suppliers, buyers, terminals, banks to ensure timely receipt and issuance of financial security, receipt of payments and delivery of cargoes.

Bank & Financing Relationships

  • Maintaining current bank relationships by regular communication/updates to banking partners to ensure a cohesive relationship, as well as what areas need developing, improving, etc.
  • Identify/develop new banking relationships that could be established to add to the company's bank portfolio
  • Liaise with internal legal/finance/credit to review/negotiate facility agreements and maximize the workability to the company.

Preparation of ad hoc strategic/financial reports as required

Policy/procedure development and review

Contribute to trade finance policy and procedural reviews as appropriate, including proposals to

  • improve the functionality of current in-house systems
  • submit proposals to management for other systems that are deemed required for the trade finance role.

Developing/Innovating new ideas/trade finance products to enhance the day-to-day operation of the trade finance function and improve the efficiency/effectiveness of the department and carry out their implementation.

Assist in other duties from time to time as reasonably required by the company.

 
qualifications:

Bachelor's degree in Finance, Accounting or related field, a master's degree is highly preferred

Minimum 15 years' experience with Trade Finance in an energy commodity trading and/or banking environment

Minimum 15 years' experience in managing borrowing base facilities

CDCS Certification highly desired

Successful candidates will be IT literate and have a good working knowledge of MS Office suite with expertise in Excel

Must have good technical and practical knowledge of UCP 600, ISP 98, and URR 525

Bilingual in Mandarin and English, specifically the ability to read and write

If this sounds interesting to you please click to apply or send your resume to kourtney.kadrich@randstadusa.com

 
skills: Trade Settlement, Letters of Credit, Bank Relations

Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

skills

Trade Settlement, Letters of Credit, Bank Relations

qualification

Bachelor’s degree in Finance, Accounting or related field, a master’s degree is highly preferred

Minimum 15 years’ experience with Trade Finance in an energy commodity trading and/or banking environment

Minimum 15 years’ experience in managing borrowing base facilities

CDCS Certification highly desired

Successful candidates will be IT literate and have a good working knowledge of MS Office suite with expertise in Excel

Must have good technical and practical knowledge of UCP 600, ISP 98, and URR 525

Bilingual in Mandarin and English, specifically the ability to read and write

If this sounds interesting to you please click to apply or send your resume to kourtney.kadrich@randstadusa.com

responsibilities

Main point of contact for all trade finance responsibilities and issues.

Manage all aspects of trade finance; operation of letters of credit, standby letters of credit, bonds and guarantees. Monitoring of internal credit lines. Non-payment risk sell off to banks and insurance companies.

Issue, monitor and request Standby/Documentary Letters of Credit and related amendments with all interested parties (counterparties).

Establish a strong working relationship with traders, operations, risk, and legal team. Proactive communication with all departments. Liaise with banks, local and overseas counterparts when necessary to ensure timely receipt and issuance of financial security, receipt of payments and delivery of barges/cargoes.

Ensuring compliance with various types of contracts (e.g., storage, commercial, etc.) in protecting the Company’s interests.

Liaise with suppliers, buyers, terminals, banks to ensure timely receipt and issuance of financial security, receipt of payments and delivery of cargoes.

Bank & Financing Relationships

  • Maintaining current bank relationships by regular communication/updates to banking partners to ensure a cohesive relationship, as well as what areas need developing, improving, etc.
  • Identify/develop new banking relationships that could be established to add to the company’s bank portfolio
  • Liaise with internal legal/finance/credit to review/negotiate facility agreements and maximize the workability to the company.

Preparation of ad hoc strategic/financial reports as required

Policy/procedure development and review

Contribute to trade finance policy and procedural reviews as appropriate, including proposals to

  • improve the functionality of current in-house systems
  • submit proposals to management for other systems that are deemed required for the trade finance role.

Developing/Innovating new ideas/trade finance products to enhance the day-to-day operation of the trade finance function and improve the efficiency/effectiveness of the department and carry out their implementation.

Assist in other duties from time to time as reasonably required by the company.

educational requirements

Bachelor's degree