Selby Jennings Hiring! Full Time Trade Finance Operations - Settlements in - Ricebowl

About the Company

Our client is a growing Energy Trading Company with an expanding presence in the global energy markets. The firm offers a dynamic and entrepreneurial environment, providing employees with broad exposure across the commercial, operational, and financial aspects of commodity trading.

Position Overview

We are seeking a Trade Finance Operations & Settlements Executive to support the end-to-end execution of physical oil trading transactions. The successful candidate will play a key role in managing trade finance activities, overseeing operational workflows, coordinating trade settlements, and providing basic accounting support to ensure the smooth execution of transactions.

Key Responsibilities

Trade Finance Operations

• Manage and monitor trade finance instruments, including Letters of Credit, documentary collections, and bank guarantees.
• Liaise with banks and counterparties regarding financing arrangements and trade documentation.
• Prepare, review, and submit financing documents in accordance with banking requirements.
• Track financing utilization, maturity schedules, and payment obligations.

Settlements

• Verify invoices and supporting documents for payment and settlement.
• Manage trade-related receivables and payables.
• Ensure timely settlements with counterparties and financial institutions.
• Reconcile trade settlements and investigate any discrepancies.
• Maintain accurate settlement records and supporting documentation.

Basic Accounting Support

• Process and track trade-related invoices and payments.
• Perform basic reconciliations of bank transactions, invoices, and payments.
• Maintain accurate financial and operational records.
• Support month-end processes by providing necessary documentation and reports.
• Liaise with external accountants and auditors when required.

Requirements

• Bachelor's degree in Finance, Accounting, Business, Economics, or a related discipline.
• At least 5 years of experience in trade finance, trade operations, settlements, or commodity trading support functions.
• Prior experience within oil, energy, commodities, or trading environments is highly preferred.
• Strong understanding of Letters of Credit, trade finance products, and settlement processes.
• Familiarity with shipping and trade documentation.
• Basic understanding of accounting and financial reconciliation processes.
• Strong attention to detail and ability to manage multiple transactions simultaneously.
• Excellent communication and stakeholder management skills.