Trade Finance Specialist

We’re Hiring: Trade Finance Specialist (LC & LG)

Industry: Construction / Contracting
Employment Type: Full-time
Location: U.A.E

Role Scope

The Trade Finance Specialist will manage and execute all trade finance activities related to Letters of Credit (LCs) and Letters of Guarantee (LGs) for the construction company and its group entities. The role ensures timely issuance, amendment, and settlement of trade finance instruments while maintaining full compliance with regulatory requirements and internal policies.

Key Responsibilities

Trade Finance Operations

• Prepare, review, and process LCs and LGs in compliance with UCP 600, ISP 98, and URDG 758 standards.
• Coordinate with banks for issuance, amendments, cancellations, and closures of trade finance instruments.
• Ensure accuracy and completeness of all documentation submitted to banks.
• Track LC and LG validity periods and ensure timely renewals or closures.

Treasury Coordination

• Liaise with internal stakeholders including procurement, legal, contracts, and project teams to align trade finance instruments with project requirements.
• Ensure trade finance transactions align with treasury strategies and cash flow planning.
• Monitor bank exposure limits and support optimization of banking facilities.
• Maintain up-to-date records of all trade finance instruments and their utilization status.

Risk & Compliance

• Ensure compliance with internal policies, legal frameworks, and international trade regulations.
• Identify and analyze trade finance risks and recommend mitigation measures.
• Support internal and external audits by providing required documentation and reports.

Reporting

• Prepare periodic reports on LC and LG utilization, expiries, and forecasts.
• Assist in preparing treasury dashboards and bank facility utilization reports.

Key Interfaces

• Banks and financial institutions
• Procurement and contracts teams
• Project management teams
• Legal and compliance departments
• External auditors

Required Skills & Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or a related field (Master’s degree or trade finance certification is an advantage).
• 5+ years of experience in trade finance, specifically handling LCs and LGs, preferably within a construction or contracting company.
• Strong knowledge of UCP 600, URDG 758, and ISP 98.
• Experience working with local and international banks.
• Good understanding of treasury functions and cash management.

Key Skills

• Strong attention to detail and analytical skills
• Effective communication and negotiation abilities
• Proficiency in MS Excel and financial systems (ERP experience is a plus)
• Strong organizational and multitasking skills
• Familiarity with banking platforms and trade finance tools

Preferred Certifications (Optional)

• CDCS – Certified Documentary Credit Specialist
• CITF – Certificate in International Trade and Finance
• CTP – Certified Treasury Professional

Job Types: Full-time, Permanent