Credit Manager

Job Responsibilities:

• You will be responsible for overseeing the daily credit report, both physical and paper transactions.
• Be responsible for the negotiation part for credit status and limits with relevant counterparties for the company's trading entities.
• Flagging of credit limit exceeds and make appropriate course of action (e.g obtaining LC/cash collateral/waiver to cover exceeded credit exposure).
• Handling of L/C related activities (negotiating L/C terms & conditions, value, tenure, issuing bank).
• Verification of L/C issuance and/or receive in proper order from counterparties.
• Liaising with new counterparties on documentation for registration and credit assessment.
• Preparation or reviewing of credit file, and recommending appropriate credit terms/limit.
• Responsible for annual review on existing counterparties especially when there are exigencies.
• Liaising and negotiating with counterparties for parental guarantee or payment undertaking issuance and ensure T&C are acceptable (to be done with legal advisor).
• Liaising with legal advisor for reviewing confidential agreements.
• Have a system for tracking renewal of parental guarantees issued and received.
• Be updated of the latest commercial and banking developments, ratings and country risks.
• Be the point of contact to counterparties and brokers in terms of the company's authorized list of traders.
• Overseeing the registration process pertaining to clearing exchanges, trading platform, consultants and brokers.
• Negotiate and formalize ISDA & CSA with counterparties to trade swaps bilaterally.
• Mitigation of payment risk.

Requirements:

• Min Degree in Finance or relevant qualifications.
• Min 8 years of experience in similar capacity within the commodity trading sector, oil & gas background will be preferred.
• Experience with credit management.
• Professional finance / credit qualification (ACA, CIMA, CFA etc).
• Proficient with various law.
• Has strong negotiation, communication and coordination skills.

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Alternatively, you may email your resume to alvin.chua@peopleprofilers.com.