Senior Trade Finance Officer

2 weeks ago


Dubai, Dubai, United Arab Emirates Al Marwan Group Holding Full time
  • 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


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