Trade Finance Operations Specialist
2 days ago
We are seeking a highly skilled Trade Finance Officer to join our team in Dubai, UAE.
Key Responsibilities:- Coordinate with the supply chain department on LCs and payment terms with suppliers
- Communicate with banks to negotiate quotes for Letter of Credit transactions and explore trade finance opportunities
- Review and negotiate all types of charges raised by current and upcoming banks
- Prepare files to be submitted to banks for new facilities
- Handle the renewal process for current facilities with banks
- Control trading operations such as establishing LCs, negotiating terms, discounting LCs, issuing bank guarantees, and submitting control returns
- Control all inward/outward remittances including import bills, export bills, remittances, and SWIFT operations
- Submit and manage the payments process, ensuring all payments are checked, signed and submitted to banks before deadlines
- Perform daily corporate cash management and forecasting activities
- Ensure all financial transactions are properly recorded, filed and reported
- Submit timely and accurate financial information to the Head of Treasury
- Coordinate with the accounting department to ensure accuracy of financial reporting
The ideal candidate will have a minimum BSc in Finance or other related discipline from a recognized institution and at least 3-5 years of relevant experience in trade finance operations.
We offer a competitive salary package with an estimated annual salary of 2.5K AED based on industry standards in Dubai, UAE.
This is a unique opportunity to work with InTalent Asia, a leading recruitment partner in Sri Lanka, and contribute to the success of our clients.
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