Job Details

BB Energy Job Opportunity

BB Energy has a legacy spanning more than six decades. Today, the Group provides expertise across energy trading, operations, logistics, storage and retail. Our diversified portfolio cuts across many segments of the energy industry from trading crude oil and petroleum products to natural gas and renewables. With global operations anchored out of five hub offices in London, Dubai, Singapore, Houston and Athens, BB Energy has a global network of nearly 500 employees in a dozen offices across five continents. Growth and diversification remain cornerstones of BB Energy's business strategy as it supports an energy ecosystem capable of delivering affordable, secure, and increasingly clean energy to the societies that need it most.

Job Accountabilities

• All functions related to day to day working in a Commodity Trade Finance Department
• Coordinate with banks to optimize trade finance structures, negotiate bilateral facilities and manage Borrowing Base Facilities (BBFs), and maintain strong relationships with financial institutions.
• Maintain daily ongoing reporting of such facilities per Banking institution & monitor the company's overall trade finance exposure.
• Manage the end-to-end process of trade finance instruments including issuance, negotiation, and settlement of Import & Export Letters of Credit (LCs), Standby LCs, and Bank Guarantees (Bid & Performance Bonds, Advance Payment Guarantees).
• Monitor transaction flows and ensure all trade finance activities comply with internal policies, international regulations (UCP 600, ISBP, ISP98, URDG 758).
• Handle LC confirmation and discounting, ensuring cost-effective and timely arrangements with banking partners.
• Structure and coordinate with financing institutions for silent risk coverage and discount arrangements for open account sales.
• Liaise with counterparties, banks, and internal teams (trading, legal, operations, credit, treasury) to ensure timely and accurate processing of trade documents.
• Review and provide comments on purchase and sales contracts from a trade finance and risk management perspective, ensuring alignment with trader's recap, financing and industry requirements.
• Monitor invoicing and payment cycles related to physical trades, ensuring accuracy, timely execution, and proper reconciliation. Screening overall exposure on open account sales or prepayments not to exceed internal credit limits.
• Support the treasury team in managing cash flow and funding needs related to trade transactions.
• On Structured Inventory Products (SIP) transactions, ensure proper documentation is provided to financing institutions (storage agreements, terminal's due diligence, holding certificate, pledge) and follow up on product release against receivables.
• Maintain accurate records and prepare reports for management on trade finance exposure and performance.

Skills & Experience

• At least Bachelor's degree in Finance, Banking, International Trade, or a related field.
• Strong attention to detail: Ability to carefully review complex documents and identify risk.
• Analytical mindset: Skilled at evaluating trade finance structures, contracts, and financial data to support sound decision-making.
• Adaptability: Comfortable working in a fast-paced, dynamic environment with changing priorities and able to quickly adapt to company interfaces and systems.
• Problem-solving skills: Ability to troubleshoot operational or document-related issues quickly and effectively.
• Effective communication: Clear and professional in written and verbal communication with internal teams, banks, and external partners with usance of banking terminology.
• Proactive and results-oriented: Takes initiative to resolve issues, meet deadlines, and support business objectives with minimal supervision.
• High integrity and confidentiality: Maintains strict confidentiality of sensitive commercial and financial information.
• Team player: Works collaboratively across functions and with diverse teams to ensure smooth transaction execution.
• Strong organizational skills: Capable of managing multiple tasks and deadlines efficiently.
• Minimum 3 years of experience in trade finance within a commodity trading company or the banking sector, preferably handling oil or energy-related transactions.
• Strong knowledge of international trade finance instruments and practices (LCs, SBLCs, guarantees, discounting, silent coverage etc.).
• Proficient in Microsoft Office Suite: Excellent knowledge of Excel, Word, and Outlook for reporting, presentations, and communication.
• Multilingual skills (preferred): Knowledge of multiple languages to support communication with international partners and Banking Institutions.