atlas oilHouston, TX
Director of Trade Finance
Director of Trade Finance
Director of Trade Finance
atlas oilHouston, TX
2 days ago
International, Secondary Market, and All Other Nondepository Credit IntermediationCommercial BankingCommodity Contracts Intermediation
Apply for this role (opens in a new tab)Director of Trade Finance – Supply & Marketing
Summary/Overview
The Director of Trade Finance is responsible for overseeing all trade finance activities that support the company's supply and marketing operations. This role ensures the efficient structuring, negotiation, and execution of financial instruments and credit facilities that enable global commodity trading, procurement, and sales. In addition to overseeing all trade finance activities, this role is responsible for overseeing the KYC (Know You Customer), Credit and Treasury departments for Supply and Marketing. The position requires deep expertise in trade finance, risk management, and commercial operations within the oil and gas sector.
Responsibilities And Duties:
Develop and implement trade finance strategies to support crude oil, refined products, and LNG transactions
Structure and negotiate financial instruments including letters of credit, guarantees, prepayment agreements, and receivables financing
Assess counterparty credit risk and ensure compliance with internal risk policies
Review credit suggestions from SR Credit Analyst for approval
Monitor a report all credit outstanding and request collateral when needed
Report any credit discrepancies to upper management
Collaborate with legal and compliance teams to mitigate financial and operational risks
Partner with supply and marketing teams to align financial solutions with commercial objectives
Ensure timely execution of trade finance documentation and payment flows
Serve as the primary liaison for trade finance matters with internal and external stakeholders
Monitor and report on trade finance KPIs, exposure, and performance metrics
Ensure adherence to regulatory requirements and internal/External audit standards
Strong knowledge of financial hedging related to trade finance
Ensure all required GUA's (Give Up Agreements) are executed
Monitor margin excess/deficit daily
Develop and maintain banking relationships
Maintain credit relationships
Strong knowledge of KYC documents and current sanctions
Review the Lexis Nexis monthly screening report provided by the KYC analyst to identify potential matches (sanctions, PEPs, adverse media, etc.)
Review and confirm AP/AR invoices
Prepare collateral reports for the bank
Monitor and oversee all cash activity for Supply and Marketing including bank funding
AR Collections for all divisions of Atlas
Manage and motivate a cross-functional team with diverse skill sets
Hold a weekly update and educational team meeting
Utilize existing professional relationships for collections and credit purposes
Required Education And Experience
Bachelor's degree in finance, economics, or related field (MBA or CFA preferred)
10+ years of experience in trade finance, preferably within the oil and gas or commodities sector
Strong understanding of trade instruments, credit risk, and structured finance
Proven ability to manage complex transactions and cross-functional teams
Excellent negotiation, analytical, and communication skills
Ability to multitask and embrace and navigate unexpected challenges or shift task direction is crucial
Preferred Education And Experience
Experience with Right Angle, Lexis Nexus, Ascend, D&B, CRM, or other systems
Strong excel skills
Familiarity with energy markets and trading practices
Ability to work in a fast-paced, high-stakes environment
Leader Responsibilities
Leading Trade Finance team, which includes Credit Risk Analyst, KYC Analyst and Treasury Analyst
Work Environment
Office Environment
Physical Demands
Prolonged periods of sitting at a desk and working on a computer
Must be able to lift 15 pounds at times
Must be able to access and navigate each department at the organization's facilities
Travel Required
Less than 5%
Other Duties
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the team member for this job. Duties, responsibilities and activities may change at any time with or without notice.
Also on the board Same function, level within a rung
Level
Manager
Location
Houston, TX
Occupation
Financial Managers
Industry
International, Secondary Market, and All Other Nondepository Credit Intermediation
Posted
2 days ago