Trade Finance Manager

3 weeks ago


Dubai, United Arab Emirates ManpowerGroup Middle East Full time
  • Cash management
  • Allocation of banks to individual trades,
  • Communication with banks,
  • Maintaining/increasing bank credit lines for oil products portfolio,
  • Advising Trade Finance staff,
  • Reporting to CFO;
  • Full cycle of deal financing:
  • Analysis and approval of financing clause in trade contracts,
  • Preparation of deal file to banks (deal recap, contract, product movement summary, counterparty analysis, risks involved, deadlines, prices),
  • Selection of appropriate bank and communication the potential deal,
  • Agreeing financing terms and preparation of finance instruments (LC, SBLC, guarantee, Bid- bonds, Performance bonds, discounting),
  • Preparation and approval of finance costs with trader and CFO,
  • Follow up financed deal,
  • Import and export documents checking,
  • Monitoring of stock positions and releases,
  • Sending release orders to banks,
  • Ensuring communications between Operations, banks, risk management.

Required skills:

  • Professional skills in Trade and Commodity Finance/Treasury with a good experience in banking and corporate sphere
  • Specialist in documentary operations, including import and export letters of credit (L/Cs), collections, guarantees, and SBLCs. Cash management.
  • To be able to establish strong collaborations with major banks and financial institutions
  • Provide support to the team in export/import execution, including letters of credit, collections, and guarantees.

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