Trade Finance Analyst

Job ID#: 9714

Trade Finance Consultant – Immediate need in Houston, TX
This requires someone to come into the Houston office daily 

Great opportunity with a well-known global commodities trading firm in Houston, TX.  Well respected leadership team and seasoned Finance organization.  Due to steadily increasing global trading transactions, my client is seeking a Trade Finance Doc L/C specialist to come in on a Contract Consulting basis for a minimum of 6 months to 1 year engagement.

Key Accountabilities:

• Creating and coordinating all activities around export documentation and letters of credit.

• Assists in managing overall process for issuing and monitoring letters credit primarily documentary credits.
• Manages the import/export documentation required by US and international customs agencies
• Coordinates customer credit information and collateral papers with Loan Officer to comply with bank credit established standards
• Advisory to traders, schedulers, and back office team on INCO terms
• Single point of accountability notifying exporters and importers of issuance of letters of credit covering shipment of merchandise.
• Provides subject matter expertise in review of  L/C documents to determine compliance with international standards.
• Ensures all terms of the credit are verified (i.e. $amount, insurance coverage, and shipping conditions) to determine compliance with established standards.
• Coordinates customer credit information and collateral papers with Loan Officer to comply with bank credit standards.
• Verifies and accepts or rejects documents presented under Letters of Credit.
• Recommends changes to the L/C for customers and ensures export documents are in conformance.
• Effectively communicates verbal and written information regarding L/Cs to customers.
• Creates export invoices and forwards export shipping documents to international buyers.
• Coordinates with freight forwarders and inspection companies to finalize shipping documentation

Qualifications:

• Bachelor’s in Business, Finance, Economics OR Trade Compliance Certification OR minimum of 3 years of DIRECT experience performing in a similar function handling inbound and outbound Doc L/Cs in commodities trading in lieu of degree or formal certification
• Subject matter expertise with INCO terms and LC governing bodies rules and draw protocols (i.e. ISP98, UCP 600, etc.)
• Commodity experience HIGHLY preferred
• Attention to detail is a MUST
• Excellent oral and written communication skills, along with the ability to communicate and negotiate with a variety of internal and external constituencies.
• Strong, planning, organizational, decision-making, interpersonal, analytical and lateral thinking skills
• Energy Trading and Risk Management systems (Right Angle) experience preferred
• Well-versed with Microsoft Excel, Word, Outlook and PowerPoint

Qualified inquiries: rreyna@proalt.com