Compliance Expert – Trade Finance

Job Title                                 Compliance Expert

Location                                 Dubai -UAE

Company                                Trade Finance -Wholesale Import and Export- Our client is involved in trading and shipping activities now cover over 25 countries, with full-service offices in Saudi Arabia, India and Singapore

Role Description                   This is a full-time on-site role located in Dubai, we are looking to hire a trade execution expert with a minimum of 2 to 3 years of experience in the international trading area specifically commodity trading.

Job Summary: The Compliance Expert will focus on reviewing trade documents, ensuring they meet compliance standards set by our banking partners, and verifying sufficient supporting documents for transactions executed by our treasury team. Additionally, this role involves managing the documentation process for opening and maintaining bank accounts. The ideal candidate will be meticulous, well-versed in trade compliance, and experienced in banking documentation requirements.

Key Responsibilities:

Trade Document Review:

• Review trade documents such as contracts, invoices, bills of lading, and shipping documents ensure compliance with banking and regulatory requirements.
• Ensure accuracy and completeness of documents required for trade transactions, addressing discrepancies promptly.
• Work with trading and operations teams to maintain high compliance standards across all trade documentation.
• Bank Compliance Alignment:
• Align trade documents with the compliance requirements of banks, ensuring all necessary documentation is submitted correctly.
• Support the treasury team by verifying that all required documents are available and compliant before executing payments and other financial transactions.
• Stay updated on changes in bank compliance requirements and adjust documentation practices accordingly.
• Bank Account Opening Documentation:
• Manage the documentation process for opening and maintaining bank accounts in various jurisdictions, ensuring all compliance requirements are met.
• Prepare and compile required documents, such as KYC (Know Your Customer) information, company registrations, financial statements, and other supporting materials for bank account applications.
• Liaise with banks to resolve any issues or additional documentation requests, ensuring timely account opening and maintenance.
• Supporting Treasury Operations:
• Verify the adequacy of supporting documents for all treasury transactions, ensuring compliance with internal and external requirements.
• Maintain organized records of all compliance-related documents to support internal reviews.
• Coordinate closely with the treasury team to ensure a seamless flow of compliant transactions.

Continuous Improvement:

• Identify and implement process improvements to enhance the efficiency of document review and bank account management.
• Provide feedback to teams to help refine compliance procedures and reduce risks.
• Qualifications:
• Bachelor’s degree in Business, Finance, Law, or a related field.
• Minimum of 1-3 years of experience in compliance, trade operations, or banking documentation within the commodity trading or financial services sectors.
• Strong knowledge of trade compliance, KYC requirements, and bank documentation processes.
• Detail-oriented with excellent organizational skills and the ability to manage multiple priorities.
• Proactive communicator with the ability to work collaboratively across departments.
• Familiarity with compliance management systems and trade documentation processes.

Note: Candidates should be available inside the UAE