Lc Trade Finance Specialist

6 months ago


Cape Town, South Africa Helen Wilson Recruitment Full time

**Location**: Western Cape, (Winelands Area
- Greater Stellenbosch Region) OR Channel Islands

**Type**: Permanent

**Salary**: R1,1-R1,3million per annum + full Medical and contribution to Pension

**EE/AA**: Preferred but not essential

**Job Summary**:
***

**Requirements for consideration**
- Bachelor's degree in Finance, International Business, or a related field.
- MUST have more than 3 years of experience in **letter of credit processing** within soft commodity industry or international trade industry.
- In-depth knowledge of UCP 600, ISBP, and other LC regulations.
- Proficiency in Microsoft Office Suite and LC-related software tools.

**Key Responsibilities**:

- Interaction with the trade team regarding LC requirements
- Sourcing optimally priced and structured LC products with relevant financial institutions
- Coordinating LC settlement process execution between all internal and external stakeholders up to invoice settlement
- Develop a network of high-quality counterparts with financial institution service providers who provide LC solutions within our key destination markets.
- Work closely with the counterparty risk management team to coordinate counterparty exposures and risk mitigation.
- Compliance with monetary and other relevant company policies
- Assess the financial implications of LC transactions, including margins, fees, and potential risks.
- Manage LC-related costs effectively and seek opportunities for cost reduction.
- Monitor and report on financial performance related to LC transactions.
- Collaborate with sales and trading teams to understand their LC requirements and provide guidance.

**By sending your CV along with other additional documents you give consent to HWR to process and retain your personal information for the current opportunity as well as for future opportunities



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