Escrow Sales and Business Development
Competitive Salary + Benefits Package
Singapore

As part of its exciting growth plans, the Baltic Exchange has launched an Escrow service providing members with an independent facility to hold deposits for ship sale transactions. This service allows Baltic members to take advantage of the Exchange’s trusted position in the marketplace, high standards of compliance and understanding of the complexities of the sale and purchase of vessels.

The Escrow Service is run by the Baltic Exchange’s Asia office in Singapore and is subject to the Singapore Exchange’s (SGX) detailed compliance and money laundering procedures.

We are looking for a seasoned maritime professional with hands on experience in Sale and Purchase to join the Baltic Sales team based in Singapore. The successful applicant will work closely with the Baltic London based marketing team to promote and raise market awareness of the paid for Escrow service to all potential users within the sale and purchase community in the Asia Pacific region including shipowners, shipbrokers and investors.

Opportunities to gain market traction might be acquired through speaking at industry events and therefore the post holder must be a confident communicator with excellent interpersonal skills, an appropriate ambassador for the Baltic Exchange and an ability to make the ask in order to secure new business.

The successful candidate will be responsible for building relationships with interested parties, onboard them and ensure a smooth timely release of funds. An important aspect of the service is ensuring compliance with anti-money laundering (AML) regulations which includes completion of Know your Customer (KYC) checks and therefore applicants who have a working knowledge of KYC verification would be at an advantage.

Applications would therefore be welcome from candidates who have the following;

• Proven track record and good reputation in the sale and purchase market.
• Good broad knowledge of the maritime industry and an excellent network of contacts in Asia Pacific.
• An understanding of AML regulations and the importance of KYC.
• An understanding of the Baltic ethos, its products and its services.
• Strong communication and written skills with an attention to detail, excellent English language and a confident user of the Microsoft Office suite.
• A proven ability in developing business with a persuasive sales technique.
• Comfortable working as part of a team.
• A confident presenter and communicator.

Interested candidates, are invited to send a CV and covering letter to Sharon O’Ryan at hr@balticexchange.com.