The Trade Loan Analyst is responsible for trade loan activities with an aim to deliver business goals, optimizing a balance between credit risk and reward by applying good business judgement. This includes calculating and evaluating Trade Loans, preparing and submitting proposals for authorisation, evaluating trade finance performance, supporting the commercial evaluation, legal recovery and business support to the bp Sales teams. Position holder need to ensure adherence to local policies and procedures in drive for outstanding customer service, operational excellence and compliance. This position is part of wider FBT Asia organization and is encourage to provide back up for other countries in the region to support Credit & Trade Loan agenda
Key Accountabilities
- Perform regular and event driven Trade Loan evaluations, perform Customer Due
- Diligence to understand the financial and commercial prospects of the customer.
- Prepare Financial Memorandum (FM), validate & submit trade loan proposals for approval and ensure that they are aligned with BP financial guidelines (e.g. IRR, Credit Risk, NHF).
- Liaise with cash & banking teams to ensure the payments are issued to the customers as per agreement signed.
- Prepare trade investment agreement, Purchase order, invoice, legal letters and other relevant documents.
- Monitor Trade Loan fulfilment, identify key, strategic or high risks related to trade investments and take actions together with the relevant partners.
- Evaluate and articulate the underlying delivery of actuals vs. the target (Volume and Gross Margin) on a monthly basis and take necessary actions as per the Contract.
- Perform reconciliation between the sub-accounts and the main GL accounts to ensure that the account balances are valid and accurate.
- In-depth knowledge of accounting entries related to end-to-end Trade loan activities.
Experience And Requirement
- Bachelor's degree in Business, Finance, Accounting or related field.
- Minimum 3 to 4 years of experience in Finance, Accounting, Loan Application, Credit Assessments, Collections or Financial performance in an international environment.
- Shared service centre experience; preferably in oil and gas industry, lubricants industry.
- Written and spoken proficiency in English language
- Proficiency in MS Office / JDE/SAP & Power BI
At bp, we provide the following environment and benefits to you:
- A company culture where we respect our diverse and unified teams, where we are proud of our achievements and where fun and the attitude of giving back to our environment are highly valued
- Possibility to join our social communities and networks
- Learning opportunities and other development opportunities to craft your career path
- Life and health insurance, medical care package
- And many other benefits.
We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status
