Trade Finance Associate (BGC, Taguig)

Industry Category	Accounting / Finance	Position	Corporate Finance / Investment
Recruitment Department		Number Of Recruits	several
Work Location	Metro Manila (NCR) Taguig	Nature Of Work	Full Time
Gender Requirements	Male	Marriage Requirement	No marital status restrictions
Education Level	College Diploma	Work Experience	No work experience restrictions
Age Requirement	Above 18 years old	Salary Package	Negotiable
Updated Date	2022-10-04	Valid Until	Long-term validity

The Trade Finance Associate will be responsible for assisting with the Treasury Assistant Manager’s duties. It also entails preparing accurate documentation for payables and their corresponding payment methods. This position will report to the Treasury Department.

Main Responsibilities:

Monitors LC’s, from their opening, negotiation, and post nego phases, depending on the contracts assigned, such as but not limited to the following:Review LC request/contract for opening, check Bank Credit Facilities, suggest/recommend the opening bank;Fill up corresponding Bank form/s, until terms therein are agreed by SAMC & supplierRequest for the Computation of the Advance Duties from the Brokeronce opened, request & review the bank's computation of the opening chargesRequest for LC cable on the opening and share it with the BeneficiaryHandle LC Nego period from Bank/s including its dispo: payout or book via TR; monitor arrival of the vessel and shipping docsAdvise Treasury Mgr on the funding requirementsBank Guarantee application, cancellation, advising the corresponding Broker of such requirementPrepare & route underlying instructions, route for signatureHandle Application of Waiver (non-Phil vessel) and Marine InsuranceMonitors and updates List of Bank Facilities, both utilization & balances, as well as LC opened, nego & for opening Follow-up monthly Statements of Accounts for all BanksSupport in renewals of Bank Facilities  and Secretary’s Certificates requiredSupport in fulfilling documentation required for the establishment of new Plant/s, such as but not limited to monitoring, coordinating with internal & external parties, records keeping, etc.Perform other duties that may be assigned from time to time

Qualifications:

Must be a graduate of a Bachelor’s Degree in Banking and Finance or equivalentMinimum of 2 years of related work experienceMust be willing to report to BGC, Taguig

SteelAsia is the flagship steel company of the Philippines.  We serve the country with two million tons of rebar per year. Pushed by the rising consumption of construction steel, SteelAsia has been rapidly expanding in the last six years.  We look to continue that expansion by adding an additional two and a half million tons of rebar within the next three years. We have invested in the most modern technologies which enable us to lower the cost of production without sacrificing quality and this is one of our most important corporate contributions to Philippine growth.  We have also invested in environmentally friendly technologies knowing that our business must remain sustainable and fully integrated with the communities we are in.The needs of tomorrow could require more steel mills, diversified steel products, upstream and downstream integration, and better technologies. Our commitment is to raise the BAR, and we can be counted on to be part of the solution.We are offering competent and highly motivated individuals opportunities to develop a career with us and the chance to participate meaningfully in our country’s development.Join us and be part of nation building. Be part of the solution. Be part of raising the BAR.Tibay ng Pilipino.