Trade Finance Specialist â Petroleum Trading

Job Description Trade Finance Specialist Petroleum Trading Department: Finance & Treasury Reporting To: Chief Financial Officer (CFO)PURPOSEWe 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 cost-effective execution of international petroleum trade transactions.RESPONSIBILITIESTrade 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 & Cross-Functional 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 cross-border trade.REQUIREMENTSBachelor's degree in Finance, Accounting, Business, or related field; MBA or trade finance certification is a plus.47 years of hands-on experience in trade finance within the oil & gas, energy, or commodities trading sectors.In-depth knowledge of UCP600, ISBP, URC, and Incoterms.Familiarity with petroleum shipping practices and trade documentation is highly preferred.Proven experience working cross-functionally 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, fast-paced, and performance-driven work environment.Opportunities for continuous professional development and long-term career advancement.LOCATION: Dubai Required Experience: Unclear Seniority #J-18808-Ljbffr