We are seeking a dedicated Letter of Credit Executive to join a dynamic team at an International Trading House. You will play a crucial role in facilitating the import and export operations of letters of credit (LC) and ensuring seamless liaison between various stakeholders.
Responsibilities:
- Assist in the management and processing of letters of credit (LC) for import and export transactions.
- Review LC terms and conditions to ensure compliance with regulatory requirements and company policies.
- Liaise with banks, suppliers, and customers to resolve any discrepancies or issues related to LC documentation.
- Coordinate with internal departments such as procurement, sales, and logistics to facilitate LC-related activities.
- Monitor LC transactions throughout the lifecycle, from issuance to settlement, and provide regular updates to stakeholders.
- Assist in the development and implementation of procedures and controls to enhance LC processes.
Requirements:
- Bachelor's degree in Finance, Business Administration, or a related field.
- Minimun 2 years of proven experience in trade finance, with a focus on letters of credit (LC).
- Strong understanding of international trade practices, banking regulations, and LC documentation.
- Proficiency in MS Office applications, particularly Excel and Word.
- Detail-oriented with strong analytical skills and the ability to work under pressure.
- Proficiency in English and Mandarin language required to work with China counterparts.
