At a Glance
- Tasks: Manage trade finance operations and liaise with various parties to resolve LC matters.
- Company: Dynamic finance team in a leading trading company based in London.
- Benefits: Competitive salary, bonuses, private medical insurance, and 25 days holiday.
- Other info: Great opportunity for career growth and skill development.
- Why this job: Join a fast-paced environment and make an impact in trade finance.
- Qualifications: Degree in Trade Finance or related field; 5-7 years experience preferred.
The predicted salary is between 50000 - 60000 £ per year.
The Trade Finance Analyst plays a key role in the day to day finance operations of the business, requiring strong attention to detail and the ability to manage and prioritise high volumes. This is a 12‑month FTC position.
Key Responsibilities
- Liaise and coordinate with various parties to resolve all LC matters
- Negotiate LC format, terms and conditions with counterparties
- Verifying LC terms against UCP/ISP to ensure all workability issues are cleared
- Arranging full range of trade finance documentation (Trade loans / Discounting / Re‑financing) and processing
- Maintain banking relationships; negotiate competitive bank facilities documentation, terms and rates for the company
- Arranging issuance of bank guarantees, bid and performance bonds in support of purchase and sales trading activities
- Preparation of invoices and other documentation for payments/discounts
- Processing of cargo and other payments
- Help to set up of new finance structures and negotiate various new financing with internal/ external counterparties
- Recommend, implement and maintain trade finance policy and process including Power and Gas Trade Finance activities
- Support all other treasury activities
Skills, Knowledge and Expertise
- Degree in a relevant area such as Trade Finance/Banking/Commercial/Treasury, Shipping or equivalent
- CDCS will be an advantage
- 5 - 7 years of relevant trade finance experience within a Trading Company or Financial institution
- Strong knowledge of UCP 600/ ISBP 2013 EDITION/ISP 98/ICC 522
- Knowledge of Trade Finance products, mechanism and risks
- Detailed knowledge on Trade processing and operations
- A comprehensive understanding of the regulatory frameworks and compliance requirements associated with financial services and experience of working within these scopes
- Knowledge of European banking process and procedures desirable
- Advanced analytical, organization, and interpersonal skills
- Advanced spreadsheet and modeling skills
- Excellent collaboration, verbal and written communication skills
- Able to break down problems into meaningful parts and come to rational and well‑thought out conclusions
- Attention to detail and accuracy
- Interested in process improvement
- Willing to adapt quickly to quick changes in direction
- Internally motivated to seek out answers, generate ideas, and develop new skills
- Pro‑active and self motivating attitude
- Excellent team player with very good communication and interpersonal skills
- Ability to work to very tight deadlines
Benefits
The role offers a competitive salary commensurate with experience, as well as the opportunity to be awarded discretionary bonuses based on performance and a comprehensive benefits package including private medical insurance, travel insurance and dental insurance, annual gym reimbursement scheme, 10% contributory pension scheme, and 25 day yearly holiday allowance.
Treasury/Trade Finance Analyst in City of Westminster employer: PetroChina International (Netherlands) Company B.V.
Contact Detail:
PetroChina International (Netherlands) Company B.V. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Treasury/Trade Finance Analyst in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to people in the finance industry, especially those who work in trade finance. Attend events, join online forums, and don’t be shy about asking for informational interviews. You never know who might have a lead on your dream job!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UCP 600 and other relevant regulations. Be ready to discuss how you’ve handled high-pressure situations in the past. We want to see that you can keep your cool while managing multiple tasks!
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've improved processes or solved complex problems in previous roles. This will demonstrate your proactive attitude and ability to adapt quickly, which are key traits for a Treasury/Trade Finance Analyst.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s get you on board!
We think you need these skills to ace Treasury/Trade Finance Analyst in City of Westminster
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Treasury/Trade Finance Analyst role. Highlight relevant experience and skills that match the job description, like your knowledge of UCP 600 or trade finance products. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about trade finance and how your background makes you the perfect fit for us. Don’t forget to mention any specific achievements that demonstrate your skills.
Showcase Your Attention to Detail: Given the nature of the role, attention to detail is crucial. Make sure your application is free from typos and errors. We appreciate candidates who take the time to ensure their submissions are polished and professional.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the info you need about the role and our company there!
How to prepare for a job interview at PetroChina International (Netherlands) Company B.V.
✨Know Your Trade Finance Inside Out
Make sure you brush up on your knowledge of trade finance products and regulations, especially UCP 600 and ISP 98. Being able to discuss these confidently will show that you're not just familiar with the terms but can apply them in real-world scenarios.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical abilities during the interview. Bring examples of how you've broken down complex problems in previous roles and the rational conclusions you reached. This will highlight your capability to handle the detailed work required in this position.
✨Communicate Clearly and Effectively
Since the role involves liaising with various parties, practice articulating your thoughts clearly. Use examples from your past experiences where effective communication led to successful outcomes, especially in negotiations or resolving issues.
✨Be Ready for Scenario Questions
Expect scenario-based questions that test your problem-solving skills and ability to manage tight deadlines. Think of specific instances where you had to adapt quickly or implement process improvements, and be ready to share those stories.