Job Description

Key Responsibilities:

1. Transaction Management:

o Process and execute trade finance instruments such as Letters of Credit (LCs), Bills of Exchange, Guarantees, Standby LCs, and Documentary Collections.

o Handle end-to-end documentation, including shipping documents, invoices, certificates of origin, and insurance certificates.

o Ensure compliance with international trade regulations, including Incoterms and UCP (Uniform Customs and Practice for Documentary Credits).

2. Risk Mitigation:

o Conduct risk assessments of trade transactions to safeguard against credit, political, and currency risks.

o Liaise with insurance companies for coverage on trade-related risks, including export credit insurance and political risk insurance.

3. Client Relationship Management:

o Develop and maintain strong relationships with corporate clients (importers/exporters), banks, financial institutions, and intermediaries.

o Advise clients on appropriate trade finance solutions and help them manage working capital and cash flow efficiently.

o Assist clients in structuring trade finance deals that align with their business needs and financial goals.

4. Regulatory Compliance:

o Ensure all transactions comply with international trade laws, anti-money laundering (AML) policies, and Know Your Customer (KYC) regulations.

o Maintain updated knowledge of trade finance regulations and global sanctions to ensure accurate processing of transactions.

5. Product Development & Structuring:

o Collaborate with product teams to design new trade finance products tailored to the needs of specific markets or industries.

o Provide input on trade finance product innovations, ensuring alignment with regulatory frameworks and client demand.

6. Coordination & Collaboration:

o Work closely with cross-functional teams, including legal, compliance, operations, and treasury departments to facilitate smooth transaction processing.

o Liaise with correspondent banks, shipping agents, and customs authorities to resolve issues in trade transactions.

7. Market & Credit Analysis:

o Analyze market trends, geopolitical factors, and credit risks that could impact trade flows.

o Conduct due diligence on counterparties, monitor market conditions, and assess potential impacts on trade finance portfolios.

8. Reporting & Documentation:

o Prepare reports and documentation for internal stakeholders, including finance teams, management, and risk committees.

o Maintain accurate and organized records of all trade finance transactions.

Qualifications & Skills:

Master s degree in Finance, Business, Economics, or a related field.

Experience: 3+ years in trade finance, corporate banking, or international trade.

Knowledge of Financial Instruments: Strong understanding of trade finance instruments, payment terms, and import/export documentation.

Technical Skills: Proficiency in trade finance software, SWIFT, and ERP systems related to trade operations.

Compliance Knowledge: Familiarity with AML, KYC, UCP600, and international sanctions.

Communication & Relationship-Building: Strong negotiation skills and the ability to work effectively with a diverse client base.

Analytical Thinking: Ability to assess market risks and structure deals accordingly.

Attention to Detail: Thorough approach to reviewing documentation and compliance.

Job Type: Full-time

Pay: AED5,000.00 - AED10,000.00 per month