Jobs Details
Trade Finance Manager
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Job Description : TRADE FINANCE MANAGER DUBAI 10-15 years experience Handling Trade Finance : - Preparing documents for Foreign Remittance (TT Payment) for Import & Service-related payment. - Preparing of Letter of Credit (LC) including Inland & Foreign & Bank Guarantee. - Maintaining data for LC & tracking for payment on due date. - Submission / lodgments of export documents to the bank & give disposal instruction for forex realization. - Maintain an MIS for export collection as per the lodgments of documents to know the timing of forex inflow & outflow - Trade financing and Checking LC documents of Local, Import and Export bills. - Import LC issuing documentation and following up till establishment. - Local LC bill Negotiation procedure dealing with bank. - Forex hedging and rate negotiating with bank dealer. - Derivative hedging procedure (Option & Forward), documentation up to deal settlement. - Maintaining Record of Import bill outstanding with hedging deal. - Online payment of Customs duty, Statutory payments, supplier payments, Salary, Bank to Bank RTGS/NEFT and other General payments. - Checking and approving Voucher of Local and Import LC payment, Buyers Credit Journals, Bank Contra. Tally exposure is mandatory
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Posted on : 17-06-2020
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