At a Glance
- Tasks: Manage trade finance operations and liaise with various parties to resolve LC matters.
- Company: Join a dynamic trading company with a focus on innovation and collaboration.
- Benefits: Competitive salary, bonuses, private medical insurance, and 25 days holiday.
- Other info: Fast-paced environment with opportunities for professional growth and development.
- Why this job: Be part of a crucial finance team 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 day‑to‑day finance operations, 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
- Verify LC terms against UCP/ISP to ensure all workability issues are cleared
- Arrange the 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
- Arrange issuance of bank guarantees, bid and performance bonds in support of purchase and sales trading activities
- Prepare invoices and other documentation for payments/discounts
- Process cargo and other payments
- Help set up 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, mechanisms and risks
- Detailed knowledge of trade processing and operations
- Comprehensive understanding of 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, organisational, and interpersonal skills
- Advanced spreadsheet and modelling 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
- Willingly adapt quickly to rapid 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 days yearly holiday allowance.
Treasury/Trade Finance Analyst employer: Petroineos Trading Limited
As a Treasury/Trade Finance Analyst, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. Our company offers a competitive salary, discretionary bonuses, and an extensive benefits package, including private medical and dental insurance, a contributory pension scheme, and generous holiday allowance. Located in a vibrant area, we foster a collaborative culture where your contributions are valued, and you can make a meaningful impact on our finance operations.
Contact Details:
Petroineos Trading Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Treasury/Trade Finance Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those in trade finance. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UCP 600 and other relevant regulations. We want you to be able to discuss these confidently, showing you’re the right fit for the role.
✨Tip Number 3
Don’t just apply and wait! Follow up on your applications through our website. A quick email or call can show your enthusiasm and keep you on their radar.
✨Tip Number 4
Showcase your analytical skills during interviews. Be ready to discuss how you’ve tackled complex problems in the past, as this will highlight your ability to thrive in a fast-paced environment.
We think you need these skills to ace Treasury/Trade Finance Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Treasury/Trade Finance Analyst role. Highlight your relevant experience, especially in trade finance and banking, and don’t forget to mention any specific skills that match the job description.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention your experience with UCP 600 and any relevant qualifications like CDCS. Keep it engaging and personal!
Showcase Your Attention to Detail:Since this role requires strong attention to detail, make sure your application is free from typos and errors. Double-check everything before you hit send. A polished application shows you care about quality!
Apply Through Our Website:We encourage you to apply through our website for the best chance of being noticed. It’s super easy and ensures your application goes directly to us. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Petroineos Trading Limited
✨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 topics confidently will show that you're not just familiar with the basics but have a solid grasp of the complexities involved.
✨Showcase Your Analytical Skills
Prepare examples from your past experience where you've successfully analysed complex financial situations or resolved issues. This role requires strong analytical skills, so demonstrating your ability to break down problems and come to rational conclusions will be key.
✨Demonstrate Attention to Detail
Since this position involves managing high volumes of documentation, be ready to discuss how you ensure accuracy in your work. Bring up specific instances where your attention to detail made a difference, whether it was in processing payments or negotiating terms.
✨Be Ready to Discuss Process Improvement
This role values innovation and process improvement, so think about times when you've identified inefficiencies and implemented changes. Be prepared to share your ideas on how you could contribute to enhancing trade finance policies and processes in the new role.
