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.