GEA Group

Trade Finance Specialist - Middle East

GEA Group  •  United Arab Emirates (Onsite)  •  1 hour ago
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Job Description

Responsibilities / Tasks

The Trade Finance Specialist manages the company's trade finance instruments, including letters of credit (LC), cash against documents (CAD) and bank guarantees, across the Middle East region. The role protects the company's commercial and financial interests by making sure that payment terms are secured, documents are compliant and banking arrangements run smoothly. It works closely with Sales, Legal, Order Management, Logistics and external banking partners.

Key Responsibilities

  • Negotiating the letters of credit & bank guarantees Terms with the customers
  • Reviewing LC clauses & aligning with the internal as well as external stakeholders
  • Preparation & submission of LC and CAD documents to the bank
  • Coordinate the issuance of guarantees with banks & internal stakeholders.
  • Point of contact for Banking Communication.
  • Managing the contracts & invoices for company’s agents and distributors.

Key Performance Indicators

  • Timely issuance and amendment of LCs and guarantees.
  • Document submission accuracy, measured by the rate of bank discrepancies.
  • Timely collection and realisation of payments under LC and CAD terms.
  • Compliance with internal policies, bank requirements and audit standards.

Your Profile / Qualifications

Qualifications and Experience

  • Bachelor's degree in Finance, Accounting, International Trade, Business Administration or a related field.
  • Minimum 5 years of experience in trade finance, treasury, or export/import finance.
  • Hands-on experience with letters of credit, documentary collections (CAD) and bank guarantees under ICC rules (UCP 600, URDG 758, URC 522).
  • Experience working with banks and with Middle East customers, agents and distributors is an advantage.
  • Professional certification such as CDCS (Certified Documentary Credit Specialist) is an advantage.

Skills and Competencies

  • Strong knowledge of trade finance instruments, international payment terms and Incoterms.
  • Excellent attention to detail, with the ability to check LC clauses and documents accurately and spot discrepancies.
  • Strong negotiation and stakeholder management skills, internally and externally.
  • Good understanding of contracts, commercial terms and compliance requirements, including sanctions and KYC.
  • Proficiency in MS Excel and in bank portals and trade platforms.
  • Clear written and verbal communication in English; Arabic is an advantage.
  • Ability to prioritise and meet tight deadlines in a fast-paced environment.

Did we spark your interest?

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GEA Group

About GEA Group

GEA is one of the largest technology suppliers for food processing and a wide range of other industries. The global group specializes in machinery, plants, as well as process technology and components.

GEA provides resource-efficient solutions for sophisticated production processes in diverse end-user markets and offers a comprehensive service portfolio.

Industry
Manufacturing & Production
Company Size
10,000+ employees
Headquarters
Düsseldorf, DE
Year Founded
Unknown
Website
gea.com
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