Senior Trade Finance Analyst
Application Deadline: 20 June 2025
Department: Finance
Employment Type: Permanent - Full Time
Location: London, UK
Description
Petroineos Trading Limited is a trading and refining joint venture between INEOS and PetroChina International (London) Company Limited founded in 2011, with its headquarters based in London. The trading activity is structured around asset-driven and entrepreneurial trading teams in Oil, Refined Products, Gas, Power, Emissions and LNG.
As a Senior Trade Finance Analyst, you will work to resolve all matters relating to Letters of Credit, as well as maintaining key banking relationships and supporting on a wide range of Treasury activities.
Key Responsibilities
* Liaise and coordinate with various parties to resolve all LC matters
* Negotiate LC format, terms and conditions with counterparties
* Verifying LC terms against UCP/ISP to ensure all workability issues are cleared
* Arranging full range of trade finance documentation (Trade loans/Discounting/Re-financing) and processing
* Maintain banking relationships; negotiate competitive bank facilities documentation, terms and rates for the company
* Arranging issuance of bank guarantees, as well as bid and performance bonds in support of purchase and sales trading activities.
* Preparation of invoices and other documentation for payments/discounts
* Processing of cargo and other payments
* Help to set up of new finance structures and negotiate various new financing with internal/ external counterparties
* Recommend, implement and maintain trade finance policies and processes, including Power and Gas trade finance activities.
* Support all other treasury activities
Skills, Knowledge and Expertise
* Degree in Shipping, Trade Finance/Banking/Commercial/Treasury or equivalent
* CDCS qualification will be an advantage
* Demonstrable relevant trade finance experience within a similar trading business or financial institution
* Strong knowledge of UCP 600/ ISBP 2013 EDITION/ISP 98/ICC 522
* Knowledge of trade finance products, mechanisms and risks
* Detailed knowledge on trade processing and operations
* A comprehensive understanding of the regulatory frameworks and compliance requirements associated with financial services and experience of working within these scopes
* Knowledge of European banking processes and procedures desirable
* Advanced analytical, organisational and interpersonal skills
* Advanced spreadsheet and modeling skills
* Excellent collaboration, verbal and written communication skills
* Ability to break down problems into meaningful parts and come to rational and well-thought out conclusions
* Attention to detail and accuracy
* Experience of improving processes
* Ability to adapt quickly to changes in direction
* Internally motivated to seek out answers, generate ideas and develop new skills
* Pro-active and self-motivated attitude
* Ability to work to very tight deadlines
Benefits
The role offers a competitive salary commensurate with experience, as well as the opportunity to be awarded discretionary bonuses based on performance and a comprehensive benefits package including private medical insurance, travel insurance and dental insurance, gym reimbursement scheme, 10% contributory pension scheme, and 25 day yearly holiday allowance. #J-18808-Ljbffr