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The commodity trade finance officer is responsible for completion of daily tasks, including the processing commodity trade Finance transactions; supporting the trade operations; and complying with the internal procedures and the international standards.
Processing Letter of Credits (both import & export):
Ensure strong focus on Risk and Control in transaction processing in terms of having appropriate customer documentation, accurate discrepancy notices are sent out and proactive identification of refusals.
E fficient processing of daily transactions in a timely manner,
Resolving all trade-related queries in time
Efficient reporting of claims and investigation
Skills & Experience:
Knowledge to perform all CTF related transactions with reference to LC, LG & Documentary Collections.
Good experience of swift and relevant types messages
Strong attention to detail, high level of accuracy and competency is essential
High literacy and numeracy skills.
Working knowledge of UCP600, ISP, URR525 and URC522,URR 725, URDG 758 and ISBP guidelines, Trade incoterms and market codes of conduct..