• Contracts/ Agreements issuance: Issuance of contracts out of Atlas as per the Trade Ticket and flows provided, getting the contracts checked and approved by the originator before getting it signed
• LC & SBLC issuance: coordinating with different origins to get the LC issued from applicants/ banks and checking the same to make sure the LCs/ SBLCs in line with our trade confirmation and available flows
• TCLs: execution of Trade Credit Letters with various discounting/ confirming banks for each and every deal
• Checking discounting advices in order to make sure discounting changers are as per signed TCL
• Bank documents: preparing bank documents like cover letters, drafts, invoice issuance from atlas and other documents required under the LC.
• Payments to 3P/ banks:
- Arranging payments to 3P upon LC discounting and receipt of discounting funds
- Payment to banks under our bank funding deals
• IRS (LIBOR reset) payments:
- Tracking all upcoming payments and coordination with banks and our finance department
- IRS fixing with finance and payment to banks on pre-defined fixing and value dates
• Updating the total PNL to record all required details of STF deals
• Updating IRS sheet for deal done under IRS facility
• Updating LC Maturity dates sheet as soon as an LC is discounted
• Updating payments/ receipts for accounting
• Reporting = STF execution daily update on status of deals
• Reporting = STF execution monthly report on performance/ volumes and comparison on monthly basis
•Provide support to accounting and controlling team for reconciliation
• Provide support to traders in getting KYC documentation cleared to onboard new banks on STF transaction
Requested Skills and Knowledge:
• Кnowledge of letters of credit.
• Experience in back office, preferably Banking
• Ability to work under pressure, deal with tight schedules, deadlines
• Fluent English
• Finance studies
For more information, please contact email@example.com or send a CV using the online application form!
We thank all interested applicants, but we will only contact a short list of them! All applications are confidential. JobTiger is a Bulgarian online job board and licensed recruiting company (License No.1604, 07.06.2013 - 07.06.2018).