Team Member - Structured Trade Finance
at Glencore
Zug, ZG, Switzerland -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 28 Feb, 2025 | Not Specified | 03 Feb, 2025 | N/A | Corporate Finance,Finance,Documentation,Credit Risk,Economics | No | No |
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Description:
LAST UPDATED
31/01/2025
We are seeking an experienced and motivated team member to join our Trade Finance team at our headquarters in Baar. The ideal candidate will be responsible for supporting the wider trade finance team with short-term trade finance transactions. This role requires a comprehensive background in trade and commodity finance, deadline driven, and the ability to work collaboratively across the business.
QUALIFICATIONS AND REQUIREMENTS:
- A bachelor’s degree in finance, business, economics, or a related field
- proficient level of both verbal and written English (other languages are desirable but not essential)
- solid understanding of corporate finance and accounting, credit risk and contract documentation
WHO WE ARE
Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.
With over 150,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices.
Glencore’s customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.
We will support the global effort to achieve the goals of the Paris Agreement through our efforts to decarbonise our own operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a restated 2019 baseline, we are targeting to reduce our Scope 1, 2 and 3 industrial emissions by 15% by the end of 2026, 25% by the end of 2030, 50% by the end of 2035 and we have an ambition to achieve net zero industrial emissions by the end of 2050, subject to a supportive policy environment. For more information see our 2024-2026 Climate Action Transition Plan and the About our emissions calculation and reporting section in our 2023 Annual Report, available on our website at glencore.com/publications.
Note*: All applications will be subject to potential background checks. You will be informed if this will be the case. Further information about the processing of your personal data will be made available during the application process. We’ll seek your explicit consent prior to processing the data.
Responsibilities:
- Design and execute financing structures for efficient risk mitigation together with our commercial departments to support our medium to long-term offtakes from third party mines / suppliers of metals and minerals
- Act as the link to financial institutions (banks and insurance companies) to source best possible and tailor-made solutions
- assess the potential of new structured finance transactions (including travelling to the respective production assets / mines) together with our traders and banks
- support the drafting and structuring of legal documentation in relation to structured trade financing transactions together with our internal and external lawyers
- maintain internal records of structured trade finance transactions
- support the wider trade finance team with the handling of short-term trade finance transactions
- bank relationship management
REQUIREMENT SUMMARY
Min:N/AMax:5.0 year(s)
Financial Services
Accounts / Finance / Tax / CS / Audit
Finance
Graduate
Finance business economics or a related field
Proficient
1
Zug, ZG, Switzerland