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    Senior Trade Finance Officer - Dubai, United Arab Emirates - Al Marwan Group Holding

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    Description
    • Responsible for the functionsrelated to Documentary Credit (import & export) andGuarantees.
    • Issue letter of credit request tothe bank and check documents presented under LC and LG are accurateand adhere to bank requirements.
    • Review& verify LG, LC and other trade financing document andcoordinate with the banks for extensions, alternation, renewal andclosing on duly basis.
    • Liaise with relevantdepartment regarding discrepancies in documents presented underdocumentary credits.
    • Monitor all LC paymentsaccounted for in ERP system through verification against purchaseorders and proforma invoices.
    • Ensure that allsupplier invoices along with other charges and commission under LCare recorded to warrant accuracy andcompleteness.
    • Propose amendments to theprocedures, if required, and maintain an acceptable level ofinternal control in the tasks that falls underresponsibility.
    • Maintain & improverelationship with banks & other financial institutions andseek for new opportunity & newbankers.
    • Review terms and conditions related tobanks' contracts regularly.
    • Monitorregularly bank accounts/advice for account position, charges& commission and interestrates.
    • Respond to relevant department andbank's queries and resolve any issueefficiently.
    • Provide periodicreports/statistics formanagement

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