Viant Pte Ltd – Trade Finance / Operations Intern

This is a strong team with experienced members. You will have direct working exposure with the Operations/Finance Head and strong developmental opportunities in the role. You will have close interaction with multiple stakeholders in the company.

Middle Office

-Match and check trade tickets to Reuter and brokers confirmation on trade date 

-Working with front office to resolve any differences on pricing, volume, counterparty and mark to market (MTM) intent trading desk; daily risk management of trading positions

-Daily monitoring and validation of ancillaries and related profit and loss statements (P&L) 

-Daily validation of business summaries and deal blotters from front office to make certain that new business deals are correctly illustrated in the system 

-Validate trading contracts in SGP/China before execution 

 -Observing exposure to mark to market (MTM) prices and curves while ascertaining profit and loss statements (P&L) impact when curve or price updates are inaccessible by the Global End of Day deadline 

-Publish daily trading profit and loss statements (P&L)

Trade Finance

·         Maintain current and new banking relationship

·         Account Opening & Documentation

·         Ensure compliance with banks ‘terms, conditions and other requirements

·         Liaise with each business unit to allocate facility usage

·         Manage all necessary documents for Letter of Credit application and bank negotiation independently

·         Follow up with advising banks on documents flow and acceptance from issuing banks

·         Monitor Letter of Credit discounting and make sure funds credit into account on time.

·         Make sure each business transaction is properly documented and recorded

·         Daily updates trade summary

Operations

·         Working hand in hand with Traders and other internal counterparties for smooth flow of shipping documents

·         Liaising with internal departments for L/Cs and other trade finance related matters

·         Keeping up to date with buyer's payment to ensure company's healthy cash flow

·         Drafting of Sales & Purchase contract for metals.

·         Negotiating and drafting of letter of credit

·         Build relationship with banks to liaise on trade finance matters

·         Knowledge of handling container shipment

·         Booking of vessel & arranging of Logistic

·         Strong understanding of Trade Flow