Trade Finance Officer

Job description:

Job Purpose

The role acts as a key interface between Financial Partners and COFCO International teams: traders, finance, treasury, operations, legal as well as counterparties to ensure a secure and efficient execution of trade finance instruments and working capital facilities.

Responsibilities

Trade Finance Execution

• Manage Letters of Credit (LCs), standby LCs, documentary collections, bank guarantees and other Trade Finance instruments.
• Review trade contracts and financing requirements to ensure compliance with banking and internal policies.
• Manage document checking and discrepancy resolution with banks, customers and suppliers.
• Ensure timely presentation of shipping and commercial documents.
• Contribute to process improvements and reporting automation.
• Prompt identification and escalation of risks and exceptions.

Banking & Financial Institutions Relationship Management

• Liaise daily with banking partners regarding trade finance transactions.
• Support utilization and monitoring of trade finance facilities and credit lines.
• Coordinate financing requests and ensure compliance with facility conditions and covenants.
• Assist with onboarding of new banking relationships and financing structures.
• Financing costs negotiation and optimization.

Commodity Transaction Support

• Work closely with traders and operations teams to structure financing solutions for physical commodity transactions, while assessing financing and documentary risks.
• Monitor financing needs throughout the trade lifecycle from contract execution to final payment.
• Support and elaborate other arrangements relevant to the teams.

Requirements

• Bachelor’s degree in Finance, Banking, Economics, Business Administration or related discipline.
• Proven experience (10+ years) in trade finance, banking, or international trade.
• Experience with commodity trading environments.
• Knowledge of international trade finance instruments and documentary credit practices.
• Familiarity with UCP 600, ISBP, URDG and ICC trade finance rules.
• Advanced Excel skills.
• Experience with digital solutions (Treasury Management Systems, In-House IT support and new solutions to be found in the market).
• Strong analytical and reconciliation skills.
• Ability to operate effectively in a multicultural and dynamic environment.
• Fluency in English; additional languages are a plus.

COFCO International is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, national origin, disability status, protected veteran status or any other characteristic protected by law.

Please refer to our Candidate Privacy Notice to know how COFCO collects and processes your personal data during your job application: https://www.cofcointernational.com/data-privacy-center/global-candidate-privacy-policy/