Context & Environment

• Trading company with dynamic operations requiring daily "must-do" responsibilities.
• Interface with Operations, Credit, Banks and third party counterparties.
• Multi-task duties and be able to prioritize responsibilities to meet goals and deadlines.

PURPOSES

Meet all deadlines and perform duties in a timely and accurate manner. Be a team player.

Activities

Your missions as a Trade Finance Officer include:

• Review daily exposure for all upcoming deals to secure all sales that exceed credit limit or need to be fully covered.
• Maintain a good relationship with operators and traders to understand any changes in deals to minimize any exposure.
• Request counterparties to issue collateral such as Standby Letters of Credit, Documentary Letter of Credits and/or prepayments in order to keep and maintain an acceptable risk. Review workability of the LCs as per contract and UCP 600/ISP98.
• Issuance of Letter of Credit as per contractual obligation by preparing LC draft, liaising with bank on issuance and discounting arrangement, if any.
• Daily review of outstanding LCs, ensure that deal is invoiced on time and monitor funds are in prior to expiry date.
• Prepare documents to be presented under documentary letters of credit, ensure documents are compliant with LC and UCP 600, and resolve any discrepancies raised by the bank. Monitor funds received under LC.
• Assist with Monthly Domestic Crude Netting and send net exposure to credit managers for approval or request LC as needed.
• Coordinate with banks in the monthly receivable program for ATMI entity.
• Review payment guarantee agreements, prepare documents to be sent to the bank and monitor funds for repayment to banks.

DIMENSIONS

• Review daily exposure for 'LC' counterparties and secure upcoming sales by obtaining proper collateral including letters of credit and prepayments. Understand Incoterms 2000 and when title and risk transfer.
• Review workability of LC as per contract and UCP 600/ISP 98 and provide comments to counterparties.
• Issuance of Standby/Documentary Letters of Credit and any amendments. Liaise with banks for any discounting arrangement.
• Manage the quarter-end receivables discounting program with banks to improve working capital.
• Document what systems are used to perform these tasks

Candidate Profile

You are someone who possess the following experience and competencies:

• 5-10 years experience in Trade Finance, in the Finance Back Office or Operations Department of a Trading organization.
• Proficient in Microsoft Excel.
• Understanding of UCP 600, ISP 98 and Incoterms 2000.
• Proven ability to perform detail oriented tasks, meet deadlines.
• Effective and professional communication skills with customers and all levels of personnel.
• Finance / Accounting degree.

TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position.

Additional Information

TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers.

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At TotalEnergies we know that you're more than what's on your CV. If this opportunity excites you, but your profile doesn't exactly match the description above...give it a try & apply. Diversity of perspectives & experiences make us stronger.

TotalEnergies is a multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

TotalEnergies Trading & Shipping (T&S), an international trading company, puts its expertise to use in the global energy markets. With its biomass blending and trading activity, TotalEnergies T&S is an active participant in the development of sustainable biofuels. Our maritime transport expertise also helps to reduce the carbon footprint of sea transportation and we recently announced the time chartering of new vessels equipped with LNG propulsion.

Our Culture:
We are committed to meet the energy needs of a growing population while fulfilling our ambition to be a major player in the energy transition. The volatility of the energy trading markets requires excellence in risk management and a culture of innovation.

Our people flourish in an environment that promotes expertise, entrepreneurship spirit, agility and a purpose-driven culture, generating boundless opportunities to learn, grow and achieve collaborative success while ensuring safety in all our operations.

We look for passion, ambition and open-mindedness. While we evolve in a demanding and ever-changing industry, we cultivate a friendly workplace where team spirit and respect guide our daily routine, and where the diversity of our people and their skills create a nourishing experience for all of us.