Trade Finance Specialist â Petroleum Trading

Wtsenergy; Dubai; On-site; AED 150,000 - 200,000; Full time

Job summary

An international energy trading firm is seeking an experienced Trade Finance Specialist to join their dynamic operations in Dubai. The role involves managing trade finance instruments such as Letters of Credit and Bank Guarantees, ensuring compliance with regulatory requirements, and collaborating closely with financial institutions. The ideal candidate will have 4-7 years of experience in trade finance, particularly in the oil, gas, or commodities sectors. This position offers a fast-paced work environment and opportunities for professional development.

Benefits

Exposure to international trading markets

Collaborative work environment

Continuous professional development opportunities

Qualifications

• 4-7 years of hands-on experience in trade finance, specifically in oil & gas or commodities trading.
• In-depth knowledge of UCP600, ISBP, URC, and Incoterms.
• Meticulous, highly organized, capable of managing multiple transactions.

Responsibilities

• Structure and process trade finance instruments including LCs and bank guarantees.
• Open, amend, and settle LCs according to UCP600 and URC guidelines.
• Liaise with legal teams to validate trade documentation.

Skills

Trade finance instruments

Bank guarantees

Cross-functional collaboration

Regulatory compliance

MS Excel proficiency

Education

Bachelor's degree in Finance, Accounting, or Business

MBA or trade finance certification

Tools

ERP systems (CTRM or equivalent)

Job description

Trade Finance Specialist Petroleum Trading

Department: Finance & Treasury

Reporting To: Chief Financial Officer (CFO)

Purpose

We are seeking an experienced Trade Finance Specialist to support our dynamic petroleum trading operations in Dubai. This pivotal role focuses on managing trade finance instruments including Letters of Credit (LCs) Standby Letters of Credit (SBLCs) bank guarantees and other related instruments while collaborating closely with financial institutions suppliers and internal stakeholders. You will play a critical role in ensuring the timely compliant and costeffective execution of international petroleum trade transactions.

Responsibilities

• Trade Finance Execution

  Structure and process trade finance instruments including LCs SBLCs Documentary Collections Bank Guarantees and Trust Receipts.

  Review negotiate and finalize LC terms with suppliers buyers and banks in line with trade agreements.

• Bank Coordination & Compliance

  Open amend and settle LCs and related instruments per UCP600 ISBP and URC guidelines.

  Monitor trade transaction timelines manage risks and proactively resolve documentation or settlement delays.

• Documentation & CrossFunctional Coordination

  Liaise with trading operations and legal teams to validate trade documentation (invoices B/Ls inspection certificates etc.).

  Ensure full compliance with finance policies legal frameworks and regulatory requirements.

• Treasury Support & Reporting

  Support treasury operations in optimizing working capital through trade finance tools.

  Maintain accurate records of transactions charges and exposures.

  Assist in periodic reporting of facility utilization liquidity and trade finance exposure.

• Stakeholder Engagement

  Build and manage strong relationships with local and international banking partners.

  Stay up to date on KYC AML and trade compliance requirements in crossborder trade.

Requirements

• Bachelors degree in Finance Accounting Business or related field; MBA or trade finance certification is a plus.
• 47 years of handson experience in trade finance must be within oil & gas energy or commodities trading.
• Indepth knowledge of UCP600 ISBP URC and Incoterms.
• Familiarity with petroleum shipping practices and trade documentation is highly preferred.
• Proven experience in working crossfunctionally with trading operations legal and external banking counterparts.
• Meticulous highly organized and capable of managing multiple transactions under pressure.
• Proficiency in MS Excel ERP systems (CTRM or equivalent) and digital trade finance platforms.
• Excellent written and spoken English; additional languages are an advantage.

What We Offer

• Exposure to international petroleum and energy trading markets.
• A collaborative fastpaced and performancedriven work environment.
• Opportunities for continuous professional development and longterm career advancement.

Location

Dubai

Required Experience

Unclear Seniority