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Officer Trade Finance
RAKBANK
Source: Headcount Labs · original listing ↗
Job data: Headcount Labs, ODbL 1.0. Job descriptions belong to their employers.
Posted 13 days ago
About this role
Job Description At RAKBANK, we believe in fostering a culture of innovation, growth, and excellence. We are not just a bank, we are a community that thrives on teamwork, cutting-edge solutions, and the highest standards of governance. The Trade Finance Officer plays a key role in ensuring the efficient processing and control of Trade Finance transactions while maintaining compliance with bank policies, regulatory requirements, and international trade standards. This role supports both funded and non-funded trade products, ensuring operational excellence, risk mitigation, and superior service delivery to internal and external customers. What You'll Be Doing: Process Trade Finance transactions including Letters of Credit (Import & Export), Bank Guarantees, Documentary Collections, Shipping Guarantees, Trust Receipts, and related amendments. Review trade documents to ensure compliance with approved facilities, internal policies, regulatory requirements, and international trade rules. Ensure accurate and timely processing of transactions in line with agreed service levels and operational standards. Verify customer instructions and supporting documentation prior to transaction execution. Monitor transaction maturities, outstanding obligations, and pending cases to ensure timely action and resolution. Liaise effectively with customers, correspondent banks, and internal stakeholders to resolve trade-related queries and discrepancies. Support settlement and funding activities related to trade finance transactions. Maintain accurate transaction records and ensure proper documentation, filing, and archival in line with audit requirements. Ensure strict adherence to UCP 600, URDG, ISP98, ICC guidelines, AML procedures, sanctions screening requirements, and internal compliance standards. Identify, escalate, and assist in mitigating operational, transactional, and compliance risks. Support internal and external audit reviews by providing complete and accurate information within required timelines. Contribute to continuous process improvement initiatives to enhance operational efficiency, customer experience, and productivity. Ensure all operational activities are carried out with a strong focus on risk management, service excellence, and regulatory compliance. What You Should Have: Bachelor's Degree in Finance, Banking, Commerce, Business Administration, or an equivalent qualification. Minimum 3-5 years of experience in Trade Finance Operations within a banking or financial services environment. Good understanding of funded and non-funded Trade Finance products and transaction processing. Working knowledge of international trade practices, SWIFT messaging, and trade finance systems. What We Are Looking For: Strong knowledge of Trade Finance Operations and international trade products. Understanding of UCP 600, URDG, ISP98, ICC Guidelines, and related regulatory requirements. Knowledge of AML, sanctions compliance, and operational risk controls. Strong attention to detail with a high level of accuracy in transaction processing. Analytical and problem-solving capabilities. Effective stakeholder management and communication skills. Ability to prioritize and manage multiple tasks within tight deadlines. Customer-focused mindset with a commitment to service excellence. Strong collaboration and teamwork skills. Process improvement orientation and continuous learning mindset. Proficiency in banking applications and Microsoft Office tools. What's In It For You: Pay for performance culture (competitive and performance-linked compensation) Diverse workforce and inclusive culture Career development and growth opportunities by design Exposure to a leading Trade Finance environment Work with the best minds in the field Opportunity to enhance your expertise across Trade Finance products and operations Comprehensive medical coverage for you and your family Life insurance and employee wellbeing benefits Get opportunities to bring your whole self to the organization and perform at your best Job Info Job Identification 721 Posting Date 10/29/2026 Apply Before 11/24/2026 Degree Level University Job Schedule Full time Locations RAKBANK Operation Centre, Dubai, AE RAK HQ - 4th Floor (On-site)