Trade Finance Officer

Trade Finance Officer

Role Summary:
The incumbent will perform tasks relating to guarantees in the most effective and efficient manner resulting in the highest level of customer service quality and ensuring that the related financial and operational risks are mitigated. The incumbent will be responsible for complying with the International Chamber of Commerce rules and to the Bank's policies and procedures. The incumbent will also process Import and Export Letters of Credit in accordance with international rules and regulations in a way that supports the business units and ensures a good working relationship with the Bank's clients.

Role Description:

- Process transactions for issuing of guarantees, amendment, cancellation,





lodgment of claims and payments within the limit as per the credit policy.
- Handle Swifts/Telexes of transactions relating to bank guarantees.
- Accurately process ordinary transactions relating to advising, amendment and cancellation of Import and Export Letters of Credit and ensure work accomplishment in strict compliance with the International Chamber of Commerce Rules and Bank's policies and procedures.
- Input transactions for advising, confirmation, amendment and cancellation of Import and Export Letters of Credit on a timely basis.
- Settle value of documents, sight, in same value dates ensuring full funding coverage with FX, Treasury and Credit Departments to avoid loss due to delay of payment interest.
- Deal with client on routing operational issues for advising of Import and Export Letters of Credit and handling of documents. Dispatch export letters of credit and related documents to clients and Banks.
- Prepare and submit reports to the Trade Finance Manager,





Operations to monitor workflow and income in addition to the montly and quarterly reports.

**Requirements**:
Role experience and qualifications:

- You should possess a Bachelor Degree in Business, Finance or Accounting.
- Minimum 2 years of experience in Foreign Trade Operations relating to guarantees, Import and Export Letters of credit.
- You should have high attention to details and the ability to multi-task.
- Excellent written and oral communication skills in English.
- Possess knowledge of basic International Chamber of Commerce rules, understanding of Guarantees, letters of credit concepts and lending principles.

Salary - 4K to 5K - Plus Incentives.

Joining Immediately.

▶️ Trade Finance Officer
🖊️ Bandenia Challenger Finance
📍 Dubai