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Management Manager

Location:
London, Greater London, United Kingdom
Posted:
February 02, 2017

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Resume:

London Sw**

Tel: +** (0-776*-******

Email: acyl4w@r.postjobfree.com

A senior level commodity finance and operations team player with in depth experience of the financial, operational and management of letters of credit, guarantees, collections, inventories, pricing, freight, documents, contracts, marketing, reporting and the risk and controls needed in commodity finance and trading with experience in both trading companies and International commodity divisions of Banks.

Knowledge of systems Excel, Word, PowerPoint, Eximbills,ITAS and Reuters Trading platforms.

From 2010 a private trading company provided the opportunity to extend my skills and knowledge to the role of CFO in the Swiss Company and on closure of this company which I arranged was subsequently transferred to London to be the CFO of the UK company.

In 2012 I was promoted to Company Secretary while continuing my CFO role.

Language skills also include French and basic Russian.

Key Skills

Investor Relations – securing deals of USD120m with Investors Access Equity, Dhampur Sugar and Welcome Group.

Chief Financial Officer – full management of company financial elements including budgetary control (multi-currency) salaries, P&L, and bookkeeping and liaisons with accountants and auditors, structuring commodities transactions for banks to finance, setting up companies in UK and Off-shore, company architecture, dealing with lawyers.

Treasury Management – day to day management of cash, bank lines, utilisations, money in and out timings, bank relationships, new bank accounts, closing accounts, KYC/Compliance for shareholders and banks, pursuing lcs charges and payments due.

Trade Specialist – with over 30years in this field this has covered, documentary credits, guarantees (bid and performance), collections, back to back letters of credit transactions, transfer lcs, standby lcs, UCP 600 and URC522, pre-finance to steel, copper, aluminium, lead and zinc producers, inventory finance with Bank and CMA partner, stock control, Cash against documents, discounts, Political Risk Insurance, all risk policies and claims.

Since 2013, Trading physical agri products mainly containers shipments to Asia

Tax Management – Tax accountant relationship for tax benefits where double taxation reduces tax liability.

10/14 to date

Responsibilities

Key Achievements

09/10 to 10/14

Responsibilities

Key Achievements

Quantum Global Commodities Ltd. Director and Sole Owner

Created from the trading, operations and finance team of Seedex, the company trades grains, oilseeds, pulses, fertilizer, animal feed, sugar,

Sole management of company on a day to day basis raising lines for the business and working closely with investors, enabling deal brokerage via their books and finance line.

Business case collation covering business plans, presentations and forecasts (i.e. critical elements) for presentation to Investors

Investor lines of credit secured from [Investor A, Equity Access, Investor B Dhampur Sugar and Investor C for Welcome Group)

Global coverage buying from Canada, USA, Latin America, Baltic, Black Sea, India, Ethopia and selling to Africa, Middle East, Far East

Deals secured at value of USD5m

Seedex Commodities UK Ltd, Company Secretary and Chief Financial Officer

Responsible for all trading elements and trading book management, trader contract management and business development, Investor, Legal, Bank, Insurance engagement and Relationship Management, enabling and securing ongoing trading achievements. Specifically:

Trading, price monitoring, P&L of trading book on physical, contracts, and freight, supplier and buyer relationship management. Trading book value of USD500m

Set-up, prime contact and signatory control of Bank accounts, facility and finance structure management, KYC and compliance adherence, cash management, accounts reporting to Board and Shareholders.

Tax management including off shore structures

Arrangement of tripartite and segregated accounts for hedging

Insurance management including Charters liability, country, counterparty, and bank risk management.

Documentation control and management covering all aspects of company business, including all policy and procedure documents.

Compilation and delivery of company Business Plans to Investors and Banks, enabling fund raising of value

Increased company facilities from US$80m to US$150m

Reduced and standardized bank pricing levels, across the facility.

Key member of management team that determined new trading, accounting and shipping database platform, improving controls and reporting.

Set-up of brokering/futures account with ADM

Trader for animal feed, fertilizer, grains, oilseeds, pulses, sugar and rice, covering 5000mts of products monthly.

04/10 to 09/10

Responsibilities & Achievements

Imperial Holdings Ltd.

Agent for this Ukraine trading company, responsible for building exports to Asian clients for animal feed, wheat, barley, flour, steel sheets and coil. Achievements include:

Sale of 5000mts of slab to Philippines

Sale of 50,000mts of iron ore

Sale of 5000mts of steel coils to Indonesia

09/05 to 03/10

Responsibilities

Regional Head of Structured Trade, Sumitomo Mitsui Banking Corporation

(Singapore and London)

Responsible for managing the day to day business including Budgetary control, Credit management, and Team management (across Asia). Specifically:

Regional head of all client relationships and deal flows across Asia, managing specialised teams in Singapore, Hong Kong and Shanghai

Creation of pre-finance portfolio for China, Thailand, Malaysia, Indonesia and India.

Financial analysis of trading companies and counterparties, in respect of bank applications and subsequent credit approval, and subsequent management reporting.

Revolving Credit Facilities for major private and listed traders, predominantly focusing on oil, agricultural and metal sectors.

Off balance sheet payment guarantees.

Sale and repurchase agreements, predominantly in grain and cotton sectors

Key Achievements

Team budget and income increased from US$75m to US$150m

Created the structured commodity finance portfolios across AsiaPac.

Mandated Lead Arrangers in 10 deals including; revolving credit facilities

Pioneer of RMB denominated structured capex covered via domestic RMB sales contract

Tenor’s terms improved from <1 year to 5 years, predominantly in metal sector

Created the (oil) counterparty risk coverage across Asia

Created the sale and repurchase activity (in the soft sector) including SPV for off balance sheet Inventory positions

Build and management of strong relationships with Corporate Banking, Project Finance (delivering oil exploration project in Philippines), capital markets (on sale and repurchase deals, and hedging requirements), and Operations.

09/03 to 08/05

Responsibilities & Achievements

Head of Metals and Soft Commodities, Sumitomo Banking Corporation (London)

Head of metal and agricultural commodity portfolio providing bilateral short term secured and unsecured facilities to traders in these sectors (values of circa usd100m), management of applications, financial analysis, credit, compliance, marketing and deal flows.

Created bilateral commodity book for soft and metal commodities.

Responsibility for metal clients in ferrous metals, concentrates, on-ferrous metals, sugar, wheat, soybeans, coffee and cocoa

Senior member of the London Commodity team

Compiled and secured Board approval on commodity policy, enabling the London office the approval to start financing trading houses

Established operational team

09/00 to 09/03

Responsibilities & Achievements

Commodity Manager – Natexis Banque Popularie (London)

Account Manager for the metals portfolios in London (ferrous and non ferrous clients)

Structured deals across Paris and Ukraine (values usd50m)

Sale and repurchased deals across multiple metal traders

Built client portfolio from 8 to 20

Doubled budget within 3 years

Linked business and brokerage sector of back to enable capture of derivative side of physical business under secured facilities

11/98 to 08/00

Treasurer, Donmetal Ukraine (subsidiary of Woralco Ltd).

Responsibilities & Achievements

Treasurer of a copper plant in Donetsk producing copper blister, aluminium alloy, brass and bronze, plant employed 500 people.

Relationship Management of and dealing with local and Kiev Government, Lawyers and local Bankers.

Controlling money in and out of the plant.

Controlling movement of raw materials and finished stocks.

Controlling gas, water, transport costs and purchase and sales contracts with buyers in Europe

Monthly reporting to shareholders

Managing local bank accounts and tracking US$ receipts and correct allocation of local currency

01/97 to 10/98

Structured Commodity Trade Manager, Creditanstalt (London)

Responsibilities & Achievements

Structured Trade Manager for the metals portfolio mainly responsible for Moldova and Ukraine.

Cuban Oil for Sugar barter.

One of the first pre-export finance deals in Ukraine.

05/94 to 12/96

Responsibilities & Achievements

Deputy Treasurer, Euromin SA Trading Company (subsidiary of Vitol SA)

Deputy Treasurer

Handling the companies bank relationships

Arranging the finance of a number of pre-finance operations in Russia

05/87 to 05/94

Responsibilities & Achievements

Trade Finance Manager, Societe Generale (London)

Trade Finance Manager covering documentary credits, guarantees, bills and included back to back, barter and transferrable l/cs. Mainly in the Oil and Agricultural sectors.

06/76 to 05/87

Responsibilities & Achievements

Bank Officer, Bank of Scotland (Scotland and London)

Retail banking initially and when transferred to London 4 years a senior section head running the export letter of credit desk, advising export lcs, checking documents, collections.

Languages:

English/French/Basic Russian

Education and Qualifications:

Scottish Bankers Exams DIP (SCOT) Scottish equivalent of English AIB

Certificate of Business Studies

3 Higher’s, English, French and Modern Studies and 7 O-Grades

References available on request



Contact this candidate