Analyst - Trade Finance

**Main purpose** To provide efficient finance operations and risk management for our international oil trading activities. **Key responsibilities** * Issuance of L/C’s or Bank Guarantees for our purchases & sales of Crude and Oil Products including negotiation with banks in order to place transactions under bilateral facilities * Review of contracts for all transactions in accordance with company policy and procedure * To check and approve cargo loadings and discharges whilst ensuring contractual obligations are met without exposing the company to risk or loss * Risk covering sales where necessary with Banks and/or Insurance * Ensuring that Risk Management decisions are appropriate, bearing in mind financial/commercial imperatives. * Release and stock management, exposure monitoring and weekly m2m of any storage positions * Close co-operation with our Deals Desk personnel to ensure any costs agreed by Trade Finance are allocated correctly to the separately maintained deal Profit and Loss accounts * Close co-operation with our Oil Operations team to ensure that our physical logistical requirements are in alignment with financial and risk considerations * Preparation and dispatch of Invoices and Letters of Indemnity (or shipping documents) for payment under Documentary Letters of Credit received from our buyers * The reception / recording and distribution of shipping documents – including the allocation and dispatch of such documents to our trading counter-parts / financing banks enabling the prompt cancellation of outstanding LOI’s * The regular chasing of any shipping documents not received in a timely manner from our trading counter-parts / financing banks – thus ensuring that our credit facilities are used to an optimum level * Ensuring timely processing of Cargo payments together with managing cash positions with the Banks. * Closely liasoning with teams in locations like Singapore/ Geneva/ Johannesburg etc **Required qualifications** * Minimum  2+  years’ experience in within a Trading Company / Financial institution having gained a basic understanding of the principals surrounding Trade Finance instruments and their pitfalls would be desirable. * Educational background – Postgraduate in Finance / Master’s degree **Attributes for success** * Well-organized and pro-active, excellent communication skills, strong coordinating skills, able to demonstrate exceptional problem solving and the ability to think in a highly logical and critical fashion * Highly diligent and sharp eye for attention to details * Able to take initiatives and not only work to, but also set their own quickly changing deadlines * A team player, who is able to confidentially adapt their interpersonal approach as the situation demands, able to build strong relations both inter-departmentally and with external stakeholders * An individual who is not only comfortable but thrives in a high-pressure environment * Proficiency in Microsoft Office applications, particularly Outlook, Word and Excel * Excellent spoken and written English **Department overview** **Key Relationships**              * External – Banks, Insurance, Counterparties. * Internal – Operations, Traders, Contracts, Treasury, Securitization, Accounting & Deals Desk **Reporting Structure**          * Manager at TGS