At INEOS Energy we produce and trade oil, gas and liquefied natural gas (LNG). This is supported by our investments in low carbon technologies, which will help sustain our business through the energy transition. Direct examples of these areas are ‘Project Greensand’, our pioneering carbon storage project in the Danish North Sea.
INEOS Energy Trading is the face to market for optimising and marketing our equity positions and commodity trading activities.
We are seeking a highly skilled and motivated Structured Trade Finance Manager to join our dynamic team in London. The successful candidate will have a strong background in trade finance, particularly in the energy sector, and will play a key role in managing and optimising our trade finance processes, from structuring deals to managing letters of credit, guarantees and banking relationships. You will work closely with the trading desks (including Business Development), risk management and finance teams. This is an exciting opportunity for someone with a solid understanding of commodity trading and financing to advance their career in a fast-paces, global business environment.
RESPONSIBILITIES & ACCOUNTABILITIES
Trade Finance Structuring & Execution
- Lead the structuring and execution of trade finance deals across the oil, LNG and gas businesses.
- 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 favourable terms for the company.
Letters of Credit (LCs) & Guarantees
- 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.
Cash Flow Management & Financing
- 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.
Risk Management & Compliance
- 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.
Bank Relationships
- 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.
Reporting & Documentation
- 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.
SKILLS & KNOWLEDGE
Education & Experience
- A degree in Finance, Economics, Business, or a related field.
- Professional certifications (e.g., CITF – Certified International Trade and Finance, ACIB – Associate of the Chartered Institute of Bankers, or equivalent) are a plus.
- 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).
Behavioural skills
- 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.
WHAT WE OFFER
- Competitive salary + bonus + pension
- Flat structure being a key member of a small team
- On-site gym with an active internal sports department
- Wide range of staff discounts on INEOS products and partnerships.
- Flexible benefits including health, dental, car and bike scheme