Finance Officer

Job Description

Trade Finance Officer
 
Trade Finance Officer

Job Summary

A Trade Finance Officer is responsible for processing and managing international trade transactions, ensuring compliance with banking regulations and international trade laws. The role supports importers, exporters, and corporate clients by handling instruments such as letters of credit, guarantees, and documentary collections while minimizing operational and financial risk.

Key Responsibilities

1. Transaction Processing

• Process and issue Letters of Credit (LCs) (import & export)
• Handle Bank Guarantees and Standby Letters of Credit
• Manage Documentary Collections (D/P, D/A)
• Verify shipping and trade documents (invoice, bill of lading, certificate of origin, insurance, etc.)
• Ensure transactions comply with UCP 600, URDG, and internal bank policies

2. Compliance & Risk Control

• Conduct KYC (Know Your Customer) and AML checks
• Screen transactions for sanctions and regulatory compliance
• Identify discrepancies in trade documents
• Ensure adherence to international trade regulations and foreign exchange controls

3. Client Support

• Provide guidance to customers on trade finance products
• Communicate discrepancies to clients and correspondent banks
• Coordinate with relationship managers and operations teams
• Respond to client queries regarding trade transactions

4. Reporting & Administration

• Maintain accurate transaction records
• Prepare regulatory and internal reports
• Monitor outstanding trade transactions
• Track maturity dates and payment deadlines

Required Qualifications

Education

• Bachelor’s degree in Finance, Banking, Business Administration, Economics, or related field
• Professional certifications (preferred):
• CDCS (Certified Documentary Credit Specialist)
• CSDG (Certified Specialist in Demand Guarantees)

Experience

• 2–5 years of experience in trade finance or banking operations
• Familiarity with international trade regulations and SWIFT messaging

Key Skills & Competencies

• Strong knowledge of trade finance instruments
• Attention to detail and accuracy
• Risk assessment and analytical skills
• Knowledge of ICC rules (UCP 600, ISBP, URDG)
• Good communication and customer service skills
• Proficiency in banking software and MS Office
• Ability to work under pressure and meet deadlines

Working Conditions

Interaction with international clients and correspondent banks

Office-based role within a bank or financial institution

May require extended hours during peak transaction periods