Trade Finance Officer

About the trade finance officer job in Dubai

The officer keeps trade transactions moving while checking that each one stays within approved facilities, bank policy and international trade rules. The work runs from the first review of customer instructions through to settlement, filing and audit support.

Responsibilities

• Processing letters of credit (import and export), bank guarantees, documentary collections, shipping guarantees, trust receipts and their amendments
• Reviewing trade documents and customer instructions against approved facilities, internal policies, regulations and international trade rules before a transaction goes through
• Meeting agreed service levels on accuracy and turnaround
• Tracking maturities, outstanding obligations and pending cases so they are acted on in time
• Working with customers, correspondent banks and internal teams to settle queries and discrepancies, and supporting settlement and funding
• Keeping transaction records, filing and archives audit-ready, and supplying information for internal and external audits within deadlines
• Applying UCP 600, URDG, ISP98, ICC guidelines, AML procedures and sanctions screening, raising operational, transactional and compliance risks and helping contain them
• Contributing to process improvements that raise efficiency, productivity and the customer experience

Requirements

• Bachelor’s degree in Finance, Banking, Commerce, Business Administration or an equivalent qualification
• Hands-on background in trade finance operations at a bank or financial services firm
• Knowledge of funded and non-funded trade products and how their transactions are processed
• Working knowledge of international trade practices, SWIFT messaging and trade finance systems
• Understanding of UCP 600, URDG, ISP98 and ICC guidelines, plus AML, sanctions compliance and operational risk controls
• Accuracy and attention to detail in transaction processing, with analytical and problem-solving ability
• Stakeholder management and communication skills, and the ability to juggle several tasks under tight deadlines
• Customer-focused, collaborative approach with a drive to improve processes and keep learning
• Proficiency in banking applications and Microsoft Office

Benefits

• Performance-linked, competitive compensation
• Medical coverage for the employee and family
• Life insurance and wellbeing benefits
• Career development and growth opportunities