INEOS Energy · 2 days ago
Trade Finance Manager
INEOS Energy is the energy division of INEOS, focusing on the production and trading of oil, gas, and low carbon technologies. They are seeking a Structured Trade Finance Manager to optimize trade finance processes and manage banking relationships. The role involves structuring trade finance deals, managing letters of credit, and ensuring compliance with regulations.
Oil & Energy
Responsibilities
Lead the structuring and execution of trade finance deals across all commodities with focus on domestic crude
Work closely with traders, legal, and risk teams to ensure that all trade finance deals are appropriately structured and compliant with internal policies and external regulations
Negotiate and review financing terms with banks and other financial institutions, ensuring competitive rates and favorable terms for the company
Manage the issuance, negotiation, and management of letters of credit, bank guarantees, and other financial instruments to support physical commodity trades
Review and advise on trade finance documentation and ensure accuracy and alignment with contracts
Oversee and manage the financing of working capital requirements related to trading activities
Coordinate with internal stakeholders (traders, finance, treasury) to ensure adequate cash flow and liquidity for operational needs
Collaborate with the risk management team to ensure the appropriate mitigation of risks, including credit, market, and counterparty risks
Ensure compliance with local and international trade finance regulations, including sanctions, anti-money laundering (AML), and know-your-customer (KYC) policies
Build and maintain strong relationships with key banks, financial institutions, and other external stakeholders involved in trade finance and risk management
Work with external partners to explore and implement financing solutions that support business objectives
Maintain accurate and up-to-date records for all trade finance transactions
Provide regular reports to senior management on trade finance activity, risks, and performance
Qualification
Required
At least 5-7 years of experience in trade finance, ideally within the energy/commodity trading sector
Strong knowledge of letters of credit, trade finance instruments (e.g., guarantees, trade finance lines), and financing structures used in commodity trading
Experience working with banks, financial institutions, and international trade regulations (e.g., sanctions, KYC, AML)
Proven ability to manage trade finance risk and optimize financing arrangements
Strong understanding of commodity trading contracts (e.g., physical oil, gas, LNG and renewable energy products)
A degree in Finance, Economics, Business, or a related field
Strong negotiation and communication skills, with the ability to influence and collaborate with various stakeholders
High attention to detail and strong analytical skills
Ability to work under pressure and manage multiple priorities in a fast-paced, deadline-driven environment
Strong team player with leadership potential and a proactive approach to problem-solving
Preferred
Professional certifications (e.g., CITF – Certified International Trade and Finance, ACIB – Associate of the Chartered Institute of Bankers, or equivalent) are a plus
Preferential treatment will be granted to candidates residing in the Houston metropolitan area
Benefits
Healthcare
Dental, and vision insurance for employees and eligible dependents
401(k) retirement has both an automatic 6% company contribution and a match of up to an additional 6% of eligible compensation
Generous paid time off that includes both sick and vacation which is based on and increases, with industry experience
Company
INEOS Energy
INEOS is a global chemical, manufacturing and energy company.
Funding
Current Stage
Late StageCompany data provided by crunchbase