The posting
Trade Finance Operations Analyst — Letter of Credit Advising
Job Summary
We are seeking a detail-oriented Trade Finance Operations Analyst to support Letter of Credit (LC) advising, re-advising and amendment processing.
The successful candidate will ensure transactions are processed accurately and within agreed turnaround times, while complying with applicable ICC rules, sanctions requirements, internal controls and operating procedures.
Key Responsibilities
- Process LC advising, re-advising and amendment advising accurately and within required timelines.
- Review incoming authenticated SWIFT messages, LC terms and amendments for completeness before release.
- Perform required sanctions, compliance and internal control checks, obtaining necessary clearances before advising an LC or amendment.
- Verify beneficiary details and determine the appropriate advising channel, including direct advising or re-advising through another bank.
- Handle LC confirmation requests, coordinating approvals, charges and related correspondence.
- Liaise with issuing banks, correspondent banks, beneficiaries and internal stakeholders to resolve discrepancies, missing information and operational issues.
- Prepare and process LC-related SWIFT messages and correspondence, including amendment requests, clarifications and follow-ups.
- Ensure transactions comply with applicable ICC rules, regulatory requirements and the bank’s policies and procedures.
- Monitor outstanding transactions and follow up proactively to prevent processing delays.
- Maintain accurate transaction records, filing and document safekeeping, with controls to prevent missing or misplaced documents.
- Escalate exceptions, compliance concerns and processing issues promptly.
Requirements
- Relevant experience in banking trade finance operations, particularly LC advising, re-advising and amendments.
- Working knowledge of LC-related SWIFT messages and documentary credit processing.
- Understanding of applicable ICC rules, including UCP 600, and relevant banking procedures.
- Familiarity with sanctions screening, compliance checks and operational controls affecting trade finance transactions.
- Experience reviewing transaction documents and identifying discrepancies or incomplete information.
- Strong attention to detail, accuracy and ability to meet processing deadlines.
- Good communication and coordination skills when working with banks, clients and internal stakeholders.
- Ability to manage outstanding cases, prioritise work and escalate issues appropriately.
Added Advantage
- Experience handling LC confirmations, related approvals and charges.
- Experience performing maker/checker responsibilities in trade finance operations.
- Diploma or degree in Banking, Finance, Business or a related discipline. Registration No.: R25156061 EA No.: 11C3373



