Senior Trade Finance Officer – Job Vacancy

• Experience:- 5+ Years
• Job Location:- Dubai, United Arab Emirates / UAE
• Education:- Relevant Degree / Diploma Qualifications
• Nationality:- Any Nationality
• Gender:- Not Mentioned
• Number of Vacant Positions:- Not Mentioned
• Salary:- AED – Negotiable – Monthly
• Job Type:- Permanent
• Job Category:- Administration / Accounting / Finance

About Al Marwan Group Holding

With 40 years of historical experience and accomplishment, Al Marwan General Contracting Company has set itself as a main contracting organization in the UAE. with its complete degree, has set the best guidelines in every one of its assigned divisions.is notable today for its quality help, compelling administration, Proficiency, and convenient execution.

Senior Trade Finance Officer – Job Responsibilities

• Responsible for the functions related to Documentary Credit (import & export) and Guarantees.
• Issue letter of credit request to the bank and check documents presented under LC and LG are accurate and adhere to bank requirements.
• Review & verify LG, LC and other trade financing document and coordinate with the banks for extensions, alternation, renewal and closing on duly basis.
• Liaise with relevant department regarding discrepancies in documents presented under documentary credits.
• Monitor all LC payments accounted for in ERP system through verification against purchase orders and proforma invoices.
• Ensure that all supplier invoices along with other charges and commission under LC are recorded to warrant accuracy and completeness.
• Propose amendments to the procedures, if required, and maintain an acceptable level of internal control in the tasks that falls under responsibility.
• Maintain & improve relationship with banks & other financial institutions and seek for new opportunity & new bankers.
• Review terms and conditions related to banks’ contracts regularly.
• Monitor regularly bank accounts/advice for account position, charges & commission and interest rates.
• Respond to relevant department and bank’s queries and resolve any issue efficiently.
• Provide periodic reports/statistics for management

Senior Trade Finance Officer – Requirements

• Degree in Finance and Accounting
• Minimum 5 years’ experience in trade finance or in the banking sector
• Strong interpersonal and communication skills
• Good knowledge of written and spoken English & Arabic

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