drjobs Trade Finance Specialist

Trade Finance Specialist

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1 Vacancy
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Job Location drjobs

Lagos - Nigeria

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Our client is a leading firm in the Oil & Gas and Energy Commodity Trading sectors renowned for its commitment to excellence and innovation. With a focus on delivering highquality products and services the company fosters a positive work environment that encourages growth and technological advancement. As part of its ongoing expansion the company is seeking a dynamic individual to join its team as a Trade Finance Specialist.

Job Summary:

Our client a prominent entity in the Oil & Gas and Energy Commodity Trading sectors is seeking a seasoned and meticulous Trade Finance Specialist. The role emphasizes leveraging AIdriven tools to improve efficiency risk assessment and compliance. The ideal candidate will have extensive experience in energy sector trade finance a robust understanding of crossborder trading deal structuring and trade instruments and proficiency in utilizing AI technologies to streamline processes and support strategic decisionmaking. A comprehensive grasp of international trade banking instruments and oil & gas logistics is essential.

Key Responsibilities:

  • Originate and execute profitable oil and gas trading deals across West Africa including spot and term contracts.
  • Utilize AI algorithms to analyze vast datasets including market trends and financial indicators to assess counterparty creditworthiness and predict potential risks.
  • Implement AIdriven systems to monitor transactions in realtime identifying anomalies and ensuring adherence to antimoney laundering (AML) and knowyourcustomer (KYC) regulations.
  • Structure coordinate and manage trade finance transactions including Letters of Credit (LCs) Standby LCs Bank Guarantees Bills for Collection and Documentary Credits.
  • Familiarity with AI tools that evaluate the creditworthiness of trading partners and detect fraudulent activities enhances risk management strategies.
  • Staying updated with evolving AI technologies and their applications in trade finance ensures the adoption of best practices and maintains a competitive edge in the industry.
  • Collaborate with traders and operations teams to analyze financing needs recommend optimal structures and secure competitive financing solutions.
  • Manage relationships with local and international banks DFIs and trade finance providers to support trading deals.
  • Monitor and manage the execution and settlement of oil & gas trades in compliance with internal policies and international regulations.
  • Review and negotiate trade finance documentation (e.g. LC terms facility agreements performance bonds).
  • Ensure timely documentation and reporting of trade finance transactions for both internal stakeholders and external auditors.
  • Support risk mitigation efforts by assessing the creditworthiness of counterparties and recommending insurance or hedging solutions.
  • Stay updated on trade finance trends FX exposure management and regional banking practices.
  • Work closely with legal and compliance teams to ensure alignment with sanctions laws KYC/AML requirements and industry standards.

Key Requirements

  • Bachelors degree in Finance Accounting Economics or related field. A Masters degree or professional certifications (CITF CDCS CFA or ACCA) is an added advantage.
  • 610 years of experience in Trade Finance within the Oil & Gas sector or commodity trading environment.
  • Proven expertise in structuring trade deals involving oil products such as PMS AGO DPK LPG and crude oil.
  • Deep understanding of international trade regulations UCP 600 Incoterms SWIFT messaging and trade documentation.
  • Strong knowledge of structured and supply chain finance credit risk and treasury operations.
  • Excellent negotiation and stakeholder management skills across banks clients vendors and internal teams.
  • Familiarity with crossborder trade flows logistics documentation (BLs invoices inspection reports) and customs processes.
  • Proficient in Microsoft Excel ERP systems (e.g. SAP Oracle) and trade finance platforms.
  • Fluency in English required; French is a plus for Francophone West African transactions

Core Competencies

  • Trade Finance Structuring
  • Banking & Credit Risk Knowledge
  • Oil & Gas Trading Familiarity
  • Contract & Documentation Review
  • Regulatory & Compliance Awareness
  • Stakeholder Relationship Management
  • Financial Modeling & Reporting
  • Attention to Detail & Execution Speed

Employment Type

Full Time

Company Industry

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