- Midrand, South Africa
- On-site
- Mid Level
- Posted
Responsibilities
- Prepare and submit LC applications to banks in line with contractual and business requirements.
- Monitor the lifecycle of each LC, ensuring timely amendments, document presentations, and settlements.
- Liaise with internal stakeholders (finance, procurement, logistics, and sales teams) to align LC requirements with business operations.
- Resolve discrepancies in LC documentation in collaboration with banks and counterparties.
- Maintain accurate records of all LC transactions for audit and reporting purposes.
- Generate periodic reports on LC exposure, utilization, and outstanding obligations.
- Ensure adherence to compliance standards, including anti-money laundering (AML) and trade sanctions regulations.
- Assist in process improvements and system enhancements for trade finance operations.
Requirements
- High attention to detail with the ability to manage multiple transactions simultaneously.