Trade Finance Specialist

A leading organisation in Dubai is looking for a Trade Finance Specialist to join their Treasury division, offering you the opportunity to play a pivotal role in managing Letters of Credit, bank guarantees, and other trade finance instruments across multiple territories. You would ideally come from a multinational corporate treasury environment, commodity trading house, or a bank and have been involved in the day-to-day trade finance operations.

What you'll do:

As a Trade Finance Specialist, you will be entrusted with the comprehensive management of Letters of Credit (LCs), bank guarantees, bonds, and other trade finance instruments. Your day-to-day responsibilities will involve preparing detailed documentation for both import and export transactions while ensuring strict compliance with international standards such as UCP 600 and ISBP guidelines. You will coordinate closely with Sales, Logistics, Procurement teams as well as external partners like banks and suppliers to align transaction terms ahead of execution. By maintaining meticulous records of all trade finance activities—including facility utilisation reports—you will provide valuable insights to Senior Management. Your role also includes monitoring costs associated with trade finance facilities to ensure alignment with budgetary constraints. Through proactive communication with stakeholders across multiple territories—and by supporting audit requirements—you will help streamline processes that underpin the company’s equipment import/export operations. Success in this role requires you to foster dependable relationships internally and externally while continuously improving systems for efficiency.

• Prepare, review, and process import and export Letters of Credit (LCs), bank guarantees, and other trade finance instruments in accordance with procurement and sales requirements.
• Ensure all LC documentation strictly complies with UCP 600, ISBP guidelines, and the terms of each credit to prevent discrepancies or financial loss.
• Liaise proactively with issuing, advising, and negotiating banks to open, amend, extend, and close LCs and guarantees efficiently.
• Advise suppliers and stakeholders on documentary requirements for shipping documents such as Bills of Lading; review all trade documents for accuracy prior to presentation.
• Identify and resolve documentary discrepancies by collaborating with banks, suppliers, and internal stakeholders to facilitate smooth settlement of trade transactions.
• Monitor utilisation of trade finance facilities including LCs, guarantees, and bonds against approved limits to ensure efficient use and timely renewal.
• Track and reconcile bank charges, LC commissions, and finance costs to maintain accuracy against agreed tariffs.
• Coordinate LC payment schedules and maturities with the treasury team to support precise cash flow forecasting.
• Maintain an up-to-date register of all LCs, guarantees, and trade finance instruments; provide regular status reports to Senior Management.
• Build strong working relationships with relationship banks while supporting Procurement, Logistics, Regional Finance teams, Sales teams, suppliers, freight forwarders, customers, and auditors.

What you bring:

• Bachelor’s degree in Finance, Accounting, Business or a related field is required for this position.
• 5 to 10 years’ experience in trade finance or LC processing ideally gained within a bank or multinational corporate treasury environment is essential.
• Excellent written and oral communication skills are necessary for effective coordination across departments and external partners.
• Strong attention to detail ensures strict compliance with documentary requirements under UCP 600/ISBP guidelines.
• Proven experience liaising directly with banks on LC issuance/amendments/guarantees is highly valued.
• Advanced knowledge of ERP systems/banking portals/trade finance platforms combined with strong Excel skills supports efficient record-keeping.
• Exceptional organisational/time-management skills enable you to manage multiple LCs/deadlines simultaneously without compromising accuracy.
• High level of integrity coupled with the ability to work under strict processing deadlines is crucial for minimising risk/expenditure.
• Up-to-date understanding of international trade regulations (UCP 600/Incoterms) allows you to adapt quickly to regulatory changes.

What's next:

If you are ready to take your expertise in trade finance further, apply now!

Apply today by clicking on the link provided.