Senior Treasury Executive

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Job Responsibility

1. Deal Monitoring & Contract Review

- Maintain and update trade deals in the trade summary spreadsheet for internal monitoring and cash flow planning.

- Ensure that contracts are thoroughly reviewed, finalized, and in proper order before cargo loading or delivery.

- Confirm that appropriate collateral is secured prior to cargo loading or delivery.

- Continuously monitor cargo status to ensure timely payment and address any discrepancies.

2. Counterparty Liaison

- Negotiate payment terms and finance structures with counterparties when required.

- Negotiate and confirm prepayment amount, calculation basis, and value date with counterparties.

- Coordinate with counterparties on FX cost reimbursements and claims.

- Perform bank account verification through calls and emails to counterparties to confirm remittance details.

- Follow up with counterparties on outstanding payments and provide status updates as needed.

3. FX & Treasury Management

- Determine FX fixing dates and obtain provisional quotes.

- Execute FX fixing transactions with banks, ensuring accurate and timely settlements.

- Maintain comprehensive documentation to support settlement processes.

- Monitor the MTM value of outstanding trades and exposures.

- Collaborate with banks to resolve treasury and FX-related payment issues.

4. Banking & Trade Finance

- Negotiate trade facility terms and limits with banks.

- Secure competitive banking fees and charges through effective negotiation.

- Negotiate and finalize LC (Letter of Credit) terms with counterparties and banks for issuance.

- Process LC issuance applications and ensure timely issuance.

- Prepare and verify export LC documents before presentation.

- Liaise with banks for payment processing and trade documentation.

- Handle the opening of new bank accounts and complete due diligence/KYC requirements.

5. Payment Processing

- Prepare payment documents and submitting to the Accounts team for payment processing.

- Liaise with Hong Kong payment team and finance team to ensure accurate payment instructions and documentation.

Requirements:

· Bachelor’s degree in Finance, Accounting or a related field.

· Minimum of 3-5 years of relevant experience in treasury, trade finance, or banking operations.

· Strong knowledge of trade finance instruments, FX transactions, and contract management.

· Excellent negotiation and communication skills with counterparties and financial institutions.

· Highly organized with attention to detail and the ability to manage multiple tasks.

· Proficiency in MS Excel.

· Ability to work under pressure and meet tight deadlines.

· Able to communicate effectively in Mandarin with the Hong Kong team and Chinese banks.

· Prior experience in oil & gas trading or commodity trading environments is highly desirable.

Job Type: Full-time

Pay: $4,500.00 - $5,500.00 per month

Benefits:

• Dental insurance
• Health insurance

Schedule:

• Monday to Friday

Supplemental Pay:

• Performance bonus

Education:

• Bachelor's or equivalent (Preferred)

Experience:

• treasury in Oil trading or related industry: 4 years (Required)

Work Location: In person