Trade Finance Officer

Our client is a dynamic consortium of business ventures spanning the Energy, Real Estate, and Hospitality sectors, operating at the intersection of innovation and collaboration to apply the best sustainable business practices and deliver meaningful, reliable services to communities worldwide.

Role Description:

• The Trade Finance Officer will be responsible for supporting the company’s trade finance operations to ensure timely and accurate execution of import and export transactions.
• The role involves preparing and processing trade finance instruments, coordinating with banks and suppliers, and ensuring compliance with established policies and international trade regulations.
• The role requires strong expertise in letters of credit (LCs), bank guarantees, documentary collections, and other trade finance instruments.

Responsibilities

Trade Finance Operations:

• Support the end-to-end processing of trade finance transactions, including Letters of Credit (LCs), guarantees, collections, and other trade products.
• Prepare and review trade documentation to ensure accuracy, completeness, and compliance with UCP 600, Incoterms, and international trade regulations.
• Liaise with banks, suppliers, and internal departments to facilitate the issuance, amendment, and settlement of LCs and guarantees.
• Track and monitor trade finance transactions and facility utilization to ensure timely execution and effective liquidity management.

Import Letter of Credit:

• Preparation & submission of LC Application as per shared PFI, agreed trade terms, and LC draft
• Carrying out Trade Finance Compliance and Due Diligence checks before issuance of LC
• Liaise with banks and suppliers to process LC documentation, amendments, and confirmations as required.

Export Letter of Credit:

• Issue Proforma Invoices (PFIs) to Oil Marketing Companies (OMCs) allocated under the PBPA bid or carrying vessel.
• Share LC drafts and a list of confirming banks with OMCs to ensure the LC is workable and aligned with the applicable UCP version.
• Verify the availability of confirming banks within approved limits before proceeding.

Cash Flow & Working Capital Management:

• Support the optimization of cash flow by accurately processing and tracking trade finance transactions in line with working capital objectives.
• Monitor collections, supplier payments, and financing requirements related to trade operations to ensure timely execution.
• Coordinate with the Treasury team to provide trade-related inputs for liquidity planning and forex management.

Requirements:

Qualifications & Experience:

Education Qualification

• Bachelor’s degree in Finance, Accounting, Business, or a related field.

Professional Qualification

• Strong knowledge of trade finance instruments, UCP 600, Incoterms, and cross-border payments.
• 3–5 years of experience in trade finance, corporate banking, or treasury.
• Experience in liaising with banks, financial institutions, and regulatory.
• Hands-on experience with ERP systems (SAP, Oracle, or similar) and trade finance platforms.