Trade Finance Officer

Description

Responsibilities

• Process and manage trade finance instruments such as letters of credit (LCs), bank guarantees, and documentary collections.
• Review and verify trade documents to ensure accuracy and compliance with international rules (e.g., UCP 600).
• Coordinate with clients, correspondent banks, and internal departments to facilitate smooth transactions.
• Monitor transactions for compliance with Central Bank of Iraq regulations, AML (anti-money laundering), and sanctions policies.
• Identify and mitigate risks related to trade finance operations.
• Handle import and export financing requests and provide appropriate solutions.
• Maintain proper records and documentation for all trade transactions.
• Provide support and guidance to customers regarding trade finance products and procedures.

Requirements

Qualifications

• Bachelor’s degree in finance, banking, accounting, or a related field.
• 2–5 years of experience in trade finance or banking operations (preferred).
• Good knowledge of international trade rules (UCP 600, URC, Incoterms).
• Understanding of AML, compliance, and regulatory requirements in Iraq.
• Strong analytical and attention-to-detail skills.
• Good communication skills in English and Arabic.
• Proficiency in banking systems and Microsoft Office (especially Excel).
• Ability to work under pressure and meet deadlines.