Total recrute un Opérateur de lettre de crédit, Suisse

Job Description

Under the responsibility of a Trade Finance Manager

  • Member of  professional team of  5 LC Operator
  • Number of import LC/bonds Silent Cover: more than 300 per year for an approx. amount of 11 Billion$
  • Number of export LC/Silent Cover: more than 900 per year for an approx. amount of 20 Billion $

Dimension :
Set up and manage the banking instruments necessary to secure counterparty risk, to participate in international tenders and finance our activities:

  • Checking of export letters of credit
  • Checking the silent cover
  • Validation of invoices and presentation of documents to banks for documentary transactions
  • Monitoring of payment receipts / disbursements for documentary transactions and silent guarantees
  • Checking and payment of commissions due to banks and premiums due to insurers
  • Issuance of market guarantees (bid bonds, performance bonds)
  • Implementation and management  of non-recourse discounts for certain documentary and silent cover .

Ensure internal reporting of the activity.
Negotiation with bank the best market condition to confirm LC and/or discounting receivables .

Objectives :

  • Provide financial support to the Trading teams and guarantee the security of transactions.
  • Manage the risks of non-payment and if necessary to discount the LC/Silent Cover to accelerate the receivables payment  and  allow the proceeds of these transactions to be collected without delay.
  • Minimise the costs of collection/settlement of letters of credit.
  • Ensuring compliance with credit limits granted to counterparties and banks.

Context and environment

  • Reactivity in a fast-paced trading environment while abiding by corporate procedures.
  • External interaction with banks and customers.
  • Internal Interaction with operators, traders, lawyers, treasury  and other members of credit teams.

Candidate profile

  • Excellent communication skills in English/French,.
  • Minimum 10 years in banks and/or in oil trading house required in a trade finance department.
  • Expert of banking and financial instruments and international rules.
  • Rigor, availability and reactivity.

Offer ID

37901BR

Metier

General Finance Responsibility

Employment type

Regular position

Experience level required

Minimum 10 years

Employer company

TOTSA TOTAL OIL TRADING SA

Branch

Trading-Shipping

Salary currency

CHF

Interview location

GENEVE

About us / company profile

Give your best to better energy and make the commitment with Total. With over 500-plus professions in 130 countries, we offer high safety and environmental standards, strong ethical values, an innovation culture and wide-ranging career development. Be part of the global team whose mission is already shared by 100,000 employees: to make energy better each and every day.

Trading Shipping :

One of the most active players in the international oil markets

We have built a vast network of customers and suppliers worldwide, enabling us to trade on a daily basis with national oil companies, producers, other oil majors, refiners, traders, distributors and end-users.

We actively trade most crude grades and nearly all qualities of refined products, from high sulphur cracked fuel oil to gasoline components.

We have developed a set of trading strategies and expertise, which allows us to respond permanently to market changes and opportunities.

Through our commitment to the oil markets, we have become a major player in all their various aspects: physical, futures and derivatives.

Learn more about us on:
https://ts.total.com/
https://www.linkedin.com/company/total/life/979fceb8-cd76-40d0-bb97-ed457c7868a9/

Apply here