Trade Finance Senior Executive

• Confident, self-motivated individual that thrives in a fast-paced, dynamic environment • Proficient in the use of bank related business systems and general technology such as Ms office package • Degree in EXIM, CDCS, Business, Economics, Finance/Accounting, International Relations or similar • UAE experience must • Manufacturing industry experience preferable • Good Communication & negotiation skill • 5 years of related experience in Trade Finance Services

We are looking for experienced trade finance candidate for manufacturing industry. Candidate should be well versed with trade finance products. Responsibilities for this position includes: • Monitoring and ensuring the bank liabilities are addressed on the respective due dates. • Providing inputs to department heads/management for the clearance of the liabilities and alerting in case of shortfall to address the same. • Liaising with Sales co-ordinating team to receive the expected cash inflow by means of advances and through planned deliveries. • Sharing the liability and the receivable reports/inputs to department heads to discuss the cash flow management. • Informing Sales team on the export LC requirement with each banks and allocating the export LCs to respective banks to meet the credit conditions and to open import transactions. • Reviewing the LC draft/application based on the Sales order and informing Sales team on the amendments required. • Liaising with Sales team and ensuring the shipments are planned within the latest shipment date mentioned in the LC and informing them to extend if the LDS is expired. • Assisting departments heads in the working capital facility renewal with banks and sharing the necessary documents/reports to banks as required. • Ensuring the export LC document proceeds from bank and the CAD document proceeds from customer are received on time by liaising with bank and sales team. • Liaising with procurement team for the import requirements and arranging transactions in respective banks based on the available limits. • Monitoring the open account payments to the suppliers and arranging cash/LC/TR payments based on our cash and the limit positions with the bank. • Addressing the bank queries related to our accounts/working capital facilities and arranging the necessary documents to the banks as required. • Assigning the export LC/receivables to the banks as per the credit conditions and ensuring the limit positions are in line with the bank records. • Sharing the bank transactions/advice copies to the concerned team members and informing them to pass necessary entries in SAP/daily report files. • Monitoring the day-to-day activities of the team members and ensuring the process are being followed and addressing the queries/escalations (if any). • Addressing the trade finance queries from both internal and external stakeholders. • Ensuring the SAP entries and the daily report entries are properly updated/matched by the team members. • Confident, self-motivated individual that thrives in a fast-paced, dynamic environment • Proficient in the use of bank related business systems and general technology such as Ms office package • Degree in EXIM, CDCS, Business, Economics, Finance/Accounting, International Relations or similar • UAE experience must • Manufacturing industry experience preferable • Good Communication & negotiation skill • 5 years of related experience in Trade Finance Services