ArrowResources AG is a global commodity trading house headquartered in Switzerland and is seeking candidates for an exciting opportunity to join its rapidly growing business. The Arrow Resources group of companies is an integrated commodities trading house, actively trading base metals, concentrates, ores, natural gas, LNG, power, crude oil and oil products.
Placing Letter of Credits with financing banks
Booking information lines, advising banks for exp. Letter of Credits
Checking and /or approving bank documents related to confirmation of exp LCs
Pre-checking draft documents prior to presentation under exp LCs (Checking BLs drafts prior to shipment)
Checking, approving and negotiating bank costs on credit advices from nego/confirming banks
Handling, rectifying, arguing discrepancies with nego/banks
Drafting/Checking and negotiating Letter of Credits drafts for export Letter of Credits
Workability comments or amendments required on export LCs
Drafting/Checking/approving wording for import LC/SBLCs
Issuing import Letter of Credits /SBLCs and amendments, if need be
Implementing Letter of Credits -accepting discrepancies and providing disposal instructions to issuing banks after liaison with Operations.
Prior to contract issuance, providing guidance to commercial department on documents.
Managing Letter of Credits exposures and monitoring the book by updating corresponding reports.
Preparing transactions, allocations, and approving payments with financing banks
Bespoke Treasury functions to be discussed with the team
Overall responsibility for developing/improving the Treasury and Trade Finance Division
High emphasis on maintaining and developing strong relationships with relevant banks to support the company’s commodities portfolio as they continue to expand their trading volumes.
Bachelor’s degree in finance.
Certification in Trade Finance would be preferable but not mandatory.
8-10 years in a similar profile in a bank or a corporate.
Excellent command of spoken and written English, German is nice to have
Advanced MS office skills
Highest levels of customer service orientation, professionalism, and reliability.
What we can offer you
Multi-cultural international team of highly motivated colleagues
Modern working environment and equipment
At Arrow Resources, we value our people, so on top of a competitive salary, bonus and excellent benefits you will be supported with your own career development, have access to an extensive range of Learning & Development courses, and some incredible internal mobility opportunities.