Precious Metals Trade Finance Officer — Trafigura
CHF 60'500 - 91'500
Trafigura · Geneva (GE)
- Location
- Geneva
- Contract
- full-time
- Posted
- 31 days ago
SalaryCHF 60'500 - 91'500
Role overview
Main purpose
Trafigura is seeking an expert Trade Finance Officer to join our team in Geneva.
Candidate needs to feel comfortable in a fast-paced environment, utilising experience and skills to handle large trading volumes and high-pressure deadlines.
- Main purpose
- Trafigura is seeking an expert Trade Finance Officer to join our team in Geneva.
- Key responsibilities
- Good understanding of LBMA/COMEX standards, Vaulting process, international bullion markets, and refining/tolling processes
Main responsibilities
- Key responsibilities
- Good understanding of LBMA/COMEX standards, Vaulting process, international bullion markets, and refining/tolling processes
- Handling of Unallocate/allocated accounts, lease agreements/financing, precious repos
- Weekly monitoring and mark to market of any stock positions
- Ensuring timely processing of payments together with running cash positions with the banks
- Risk covering sales where necessary with banks and/or insurance
- Review and Issuance of L/Cs or Bank Guarantees for the group purchases of commodities
- Analysing financing requirements and negotiating with banks in order to place transactions under Borrowing bases, bilateral facilities or Repurchase agreements.
- Monitoring of utilisation and decision making for financing optimization
- Negotiation and Documentation of such financing facilities instruments
Additional details
- Reviewing and approving spot and term contracts and tenders for finance associated risks
- Minimum 5 years within a Trading Company / Financial institution having gained a good understanding of the principals surrounding Trade Finance instruments and their pitfalls.
- Understanding of various risk involved in day-to-day operations and good understanding of INCOTERMs Additional language knowledge Attributes for success
- Ability to communicate in a clear and concise manner both externally and internally including reporting to finance senior management from time to time. Good logical and analytical skills
- Establishing a good communication network to keep informed about various stages of trade flow during the life cycle of a trade Working Conditions
- Fast paced: Intraday execution with hard deadlines High-pressure: Same-day c
Notes and original content
- Fluent English
- Understanding of various risk involved in day-to-day operations and good understanding of INCOTERMs
- Additional language knowledge
- Attributes for success
- Ability to communicate in a clear and concise manner both externally and internally including reporting to finance senior management from time to time.
- Good logical and analytical skills
- Establishing a good communication network to keep informed about various stages of trade flow during the life cycle of a trade
- Working Conditions
- Fast paced: Intraday execution with hard deadlines
- High-pressure: Same-day c
