Banking & Trades Operations Officer

Riyadh
Permanent
Full-time

1 month ago
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Guildhall is currently seeking a Banking & Trade Operations Officer with a solid background in Banking operations, Credit Products - Term Loans , Syndicated Facilities , Project Finance, Trade Finance related products -Guarantees and Letters of Credit (LCs)- and deposits . The ideal candidate should have either previous experience working in a bank by managing all banking-related transactions, documentation, and communication or similar position at the corporate company level. This role is pivotal in ensuring smooth coordination with banks, supporting internal decision-making, and ensuring compliance with banking and trade documentation standards.Key Responsibilities:Letters of Credit (LC):
- Prepare, draft, and review all documents related to the opening and amendment of Letters of Credit.
- Liaise with banks and suppliers to ensure timely issuance and compliance of LCs.
- Monitor the status of LCs and provide internal updates on delivery and payment timelines.Guarantees:
- Apply, Amendments, follow all type of guarantees, Reducing Advance guarantees in timely manner, follow up Retentions and Retentions Bonds.Banking Operations:
- Manage the opening and closure of new bank accounts for the company.
- Ensure timely submission of KYC and compliance documentation to banks.
- Serve as the primary point of contact for all banking-related communications.
- Track and manage fund transfers, guarantees, and trade transactions with banks.Documentation & Coordination:
- Review, validate, and organize all trade and bank-related documents.
- Ensure proper filing and safekeeping of all banking correspondence.
- Coordinate with internal teams and external banking partners to ensure smooth workflows.Advisory Support:
- Provide insights and guidance to management on banking procedures and best practices.
- Assist management in making informed decisions on trade and banking-related matters.Qualifications:
- 5+ years of proven experience working in a bank preferably in trade finance, operations, or corporate banking or similar position at the corporate level.
- Strong understanding of Letters of Credit (LC), bank guarantees, KYC, and related documentation.
- Excellent communication and coordination skills.
- High attention to detail and accuracy in reviewing legal/financial documents.
- Ability to work independently and handle confidential information.
- Bachelor's degree in Business Administration, Banking, or a related field is preferred.
- Fluency in Arabic.

Guildhall