Trade Finance Officer

  • Address: Kuwait City, Kuwait
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Job Summary

  • Process all LC application for Kuwaiti and Saudi operations within the agreed SLA and send to banks;
  • Release LC based Purchase orders after processing the LC applications,
  • Ensure timely collection of shipment’s documents from banks;
  • Review and monitor all LC commissions, charges and interests with bank and ensure accuracy;
  • Ensure getting an official approval from vendors on LC clauses and conditions;
  • Review and send Local Bill Discounted requests (LBD) to bank;
  • Maintain daily updated log for Lcs and LBDs; and
  • Ensure timely repayment of LBDs.

Job Requirements

More than 3 years

Desired Candidate Profile

  • Bachelor in Accounting or Banking
  • 3 years of relevant experience
  • Thorough knowledge of Letter of Credits and Documentaries
  • 4.Good skills in MS Excel
  • Experience in ERP systems (preferred)
  • Fluent in English

About Company

Red Castle is a well-known retail destination in Dubai, United Arab Emirates, offering a wide variety of products designed to meet the needs of families and children. The store features an extensive selection of toys, educational materials, baby products, nursery essentials, and lifestyle accessories from recognized international brands.