Manager, Documentary Credits

• This role is responsible for the timely processing of utilization requests under trade finance facilities in accordance with approved terms and conditions, while ensuring observance of

• This also includes servicing clients, liaising with syndicate partners and correspondents, and recording of disbursements and related transactions.
• Examine utilization requests received from clients to ensure compliance with the facility terms and conditions, as well as compliance with internal policies and procedures.
• Ensure Documentary Credit applications are compliant with the financing terms and conditions, the corporation’s Policies and Guidelines, and Uniform Customs and Practices.

• Process the Issuance, Confirmation, Amendment, Extension, Negotiation,

• Examine shipping documents against LC terms and relevant ICC rules.
• Process disbursements in accordance with internal standards.
• Prepare all relevant SWIFT messages
• Update clients on the status of their requests.
• Maintain quality service levels for both clients and syndicate partners with a focus on accuracy, compliance, and efficiency.
• Manage correspondence with syndicate partners under a syndicated facility in relation to their contributions and payables.
• Liaise with banks and other intermediary financial institutions to resolve any issues and ensure all tasks are properly handled.
• Participate in department initiatives and enhancements.
• Liaise with the Finance Department for accounts reconciliation.
• Monitor and record the collection of fees.

• Bachelor’s Degree in Business Administration, Commerce, Finance, Economics, or a related field.
• Certified Documentary Credit Specialist (CDCS) is an advantage.
• English is compulsory
• Arabic or French is highly desired
• Minimum 6 years of experience in Trade Finance Operations, especially in Documentary Credits.

MSI Group