Technical skills
Technical writing
Role signals
FinanceAccountingLegal
About this role
L/C Officer (Letters of Credit Officer)
Main Duties:
- Handle Letters of Credit (L/Cs) operations including issuance, amendments, advising, and settlement processes.
- Review, check, and audit shipping and trade documents presented under L/Cs in compliance with UCP 600 and ISBP 745 standards.
- Coordinate effectively with correspondent banks and internal departments to ensure smooth transaction processing.
- Process inward and outward Bills for Collection in accordance with international trade finance practices.
- Ensure full compliance with Central Bank regulations, internal policies, and AML requirements.
- Monitor shipment dates, expiry dates, and all L/C lifecycle activities accurately.
- Prepare periodic reports related to trade finance transactions and operational activities. Handle discrepancies in trade documents and communicate with relevant parties for resolution.
- Maintain proper filing and documentation for all trade finance transactions.
- Support clients and branches regarding trade finance inquiries and operational matters.
Requirements
- Bachelor’s degree in Finance, Accounting, Business Administration, or any related field.
- 1–3 years of experience in trade finance or letters of credit operations.
- Strong knowledge of UCP 600, ISBP 745, and Incoterms.
- Experience in handling Bills for Collection (inward and outward).