Main Responsibilities:
- Review and provide comments for Swaps and Derivatives payment terms
- Check and verify paper transaction against:
- OTC counterparties confirmation
- FCM daily statement
- ICE & CME reports
- Prepare document for internal approval:
- Prepare and verify settlement price calculation
- Prepare and issue disbursement instruction and invoice in the system.
- Preparation for monthly, quarterly closing.
- REMIT Reporting.
- Check and verify of settlement invoices with OTC counterparties and brokers.
- Review and provide comments for SPA & CN (business days, payment terms, interest rate, SBLC format etc).
- Liaising with buyer/seller and bank on SBLC format, ensuring SBLC is workable.
- Responsible for all spot LNG trade related supporting activities. e.g. Trade invoicing, settlements, contract price calculation/verification, Stand by Letter of Credit application
- Verification function to ensure all trades are booked correctly, liaising with front office or counterparties for any discrepancies in a timely manner.
- Establish excellent working relationship and providing quality service, ensuring speedy resolution to both internal business partners and external global counterparties.
- Support continuous review processes to identify opportunities that will help maximise value.
- Maintain accurate records within relevant systems.
- Escalate and communicate any contract compliance discrepancies, logistics and other risk areas to the Superiors.
Core Skills and Experience:
- Minimum 3 years’ experience in back office or trade finance or accounting
- Basic knowledge of derivatives
- Basic knowledge of accounting rules
- Accuracy and ability to meet tight deadlines
- Attention to detail
- Proficient in MS Office
Interested?
Please register your interest by applying to this exciting career move and get in touch with our Search Partner Dani, dani@admin
