The Trade Finance Specialist will manage and execute all trade finance activities related to
Letters of Credit (LCs)
and
Letters of Guarantee (LGs)
for the construction company and its group entities. The role ensures timely issuance, amendment, and settlement of trade finance instruments while maintaining full compliance with regulatory requirements and internal policies.
Key Responsibilities
Trade Finance Operations
Prepare, review, and process LCs and LGs in compliance with
UCP 600, ISP 98, and URDG 758
standards.
Coordinate with banks for issuance, amendments, cancellations, and closures of trade finance instruments.
Ensure accuracy and completeness of all documentation submitted to banks.
Track LC and LG validity periods and ensure timely renewals or closures.
Treasury Coordination
Liaise with internal stakeholders including procurement, legal, contracts, and project teams to align trade finance instruments with project requirements.
Ensure trade finance transactions align with treasury strategies and cash flow planning.
Monitor bank exposure limits and support optimization of banking facilities.
Maintain up-to-date records of all trade finance instruments and their utilization status.
Risk & Compliance
Ensure compliance with internal policies, legal frameworks, and international trade regulations.
Identify and analyze trade finance risks and recommend mitigation measures.
Support internal and external audits by providing required documentation and reports.
Reporting
Prepare periodic reports on LC and LG utilization, expiries, and forecasts.
Assist in preparing treasury dashboards and bank facility utilization reports.
Key Interfaces
Banks and financial institutions
Procurement and contracts teams
Project management teams
Legal and compliance departments
External auditors
Required Skills & Qualifications
Bachelor's degree in
Finance, Accounting, Economics
, or a related field (Master's degree or trade finance certification is an advantage).
5+ years of experience
in trade finance, specifically handling LCs and LGs, preferably within a
construction or contracting company
.
Strong knowledge of
UCP 600, URDG 758, and ISP 98
.
Experience working with local and international banks.
Good understanding of treasury functions and cash management.
Key Skills
Strong attention to detail and analytical skills
Effective communication and negotiation abilities
Proficiency in
MS Excel
and financial systems (
ERP experience is a plus
)
Strong organizational and multitasking skills
Familiarity with banking platforms and trade finance tools
Preferred Certifications (Optional)
CDCS
- Certified Documentary Credit Specialist
CITF
- Certificate in International Trade and Finance
CTP
- Certified Treasury Professional
Job Types: Full-time, Permanent
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