Trade Finance

Job reference 
376 / 1256
Field of requested position 
Company activity type 
Job location 
Beirut - Lebanon
Age bracket 
Around 25 years old
No preference
BA/BS in Business with focus on Banking & Finance
Years of experience 
3 years in Banking/Trade Finance at the Head Office
English and Arabic
Special skills 

- Advanced skills in Excel
- Word and SWIFT

Tasks and duties 

- Check the L/C opening request
- Approves the request to open a L/C for client
- Ensures that all necessary accounts are opened and verifies that the approved limits are respected
- Fills the internal note with the client’s specifics and L/C conditions (commission rate, margin guarantee…)
- Authorizes and validates the opening of L/C, along with all clients and L/C conditions (fees, commission rate…) prior to Execution
- Verifies the internal note (the first page of “Request to open L/C”) and ensures that the request of L/C opening is filled correctly and duly signed by the client
- Issues the L/C
- Maintains a correspondence with the Corresponding Bank
- Ensures the executions of all the accounting entries
- Establishes the provisions (where the minimum margin in 15% according to BDL circular num. 52 on 30-10-98)
- Oversees the commissions and fees

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