Trade Finance Specialist

We are seeking an experienced Trade Finance Specialist to join one of the most renowned chemical distribution companies in the Middle East. The successful candidate will be responsible for managing end-to-end trade finance operations , ensuring smooth execution, compliance, and cost efficiency across all trade-related transactions.

Location - Dubai

Key Responsibilities

Trade Finance Operations

• Prepare, review, and submit documentation for opening LCs, SBLCs, and TRs in line with company policies and banking requirements.
• Monitor the lifecycle of LCs/TRs , including amendments, acceptances, and settlements.
• Ensure all trade finance transactions comply with UCP, ISBP , and other relevant international trade guidelines.
• Track maturity dates and arrange timely settlements to avoid delays or penalties.

Bank Coordination

• Liaise with banks to obtain competitive pricing on LC issuance, amendments, confirmations, and discounting.
• Follow up with banks to ensure smooth processing and prompt opening of LCs/TRs .
• Resolve discrepancies or banking queries related to trade documents and settlements.

Internal Coordination

• Collaborate with the Purchasing/Procurement team to understand contract terms, shipment schedules, and supplier requirements.
• Align financial instruments ( LCs/TRs ) with procurement timelines to prevent supply chain delays.
• Provide internal stakeholders with updates on LC statuses, timelines, and bank charges.

Accounting & Documentation

• Maintain accurate records of all trade finance instruments and transactions.
• Record and reconcile bank charges, commissions, interest, and related expenses with the finance/accounts team.
• Prepare periodic reports on outstanding LCs/TRs, bank exposures , and cost analysis.

Compliance & Risk Management

• Ensure adherence to internal controls, audit requirements, and regulatory guidelines.
• Identify risks associated with trade finance instruments and propose appropriate mitigation measures

Qualifications & Skills

• Bachelor’s degree in Finance, Accounting, International Business , or a related field.
• 2–5 years of hands-on experience in trade finance, managing LCs, SBLCs, TRs , or similar banking instruments.
• Strong understanding of international trade documentation and compliance standards.
• Excellent coordination, communication, and negotiation skills for effective engagement with banks and internal teams.
• Proficiency in MS Excel and ERP systems ; solid foundational knowledge of accounting principles.
• Detail-oriented, organized, and capable of managing multiple timelines under pressure .