Letter of Credit (LC) Specialist
AI summary
Dangote Industries Limited is hiring a Letter of Credit (LC) Specialist to manage international trade finance, ensuring secure payments and mitigating supply chain risks. The role involves drafting, negotiating, and executing LCs for raw material imports and equipment purchases, coordinating with banks, logistics, and procurement. Candidates need 6-9 years of trade operations or corporate treasury experience, knowledge of UCP 600 and ISP98, and preferably a CDCS certification.
- 6-9 years experience in trade operations, corporate treasury, or international banking operations required
- Deep knowledge of UCP 600, ISP98, and CBN Trade Portal required
- CDCS or CITF certification highly preferred
- Bachelor's degree in Finance, Accounting, International Business, or Economics required
- Proficiency in Trade360, Loan IQ, AFS, and SWIFT messaging required
AI job guide
Use this guide to check salary signals, requirements, documents, application steps and safety before you apply.
AI salary guide
Not enough public dataNot enough public salary data is available for this exact role. Before applying, prepare to ask about gross pay, benefits, contract length, probation period, transport and any allowances.
Can you qualify for this role?
- Required6+ years of relevant experienceThe job post includes a minimum experience signal.
- RequiredEducation or certification mentioned in the postThe captured text mentions education, a diploma, certificate, or licence.
- PreferredPractical evidence in internship, entregador, technologyThe tags and summary point to skills connected with this role.
- RequiredAvailability to work in Not specifiedThe vacancy is associated with this location.
Documents to prepare
- Likely requiredUpdated CV
- Role specificCover letter or short employer message
- OptionalProfessional references
- Role specificAcademic or professional certificates
- VerifyID or passport only after verifying the employer
Application tips for this job
- Place your strongest Letter of Credit (LC) Specialist evidence in the first half of your CV.
- In your cover letter or employer message, connect your experience to Dangote Industries Limited and the role in Not specified.
- Add concrete examples related to internship, entregador, technology, ideally with measurable outcomes or clear responsibilities.
- Follow the instructions from Jobzilla Nigeria; avoid sending documents to unofficial contacts or copied links.
- Confirm the deadline, interview location and employer contact before sharing personal documents.
- Prepare a polite question about pay, benefits and contract terms for later interview stages.
Source and safety check
- Jobzilla Nigeria
- Original source link available
- Application method is clear
- Deadline not specified
- No major risk signal was detected in the captured text.
Never pay for interviews, shortlisting, medical checks, uniforms, or job placement. Confirm every application at the original source before sharing personal documents. Report suspicious listing.
Interview preparation
- What experience makes you a strong fit for this Letter of Credit (LC) Specialist role in internship, entregador?
- How have you handled responsibilities similar to those in this job post?
- Are you available to work in Not specified under the listed contract or schedule?
- Prepare examples with clear responsibilities, tools used and measurable outcomes.
- Review the source and research Dangote Industries Limited before the interview.
Ask what the first priorities will be in the role and how success will be measured.
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Original source description
A Letter of Credit (LC) Specialist manages international trade finance to ensure secure payments and mitigate supply chain risks.
He coordinates with banks, logistics, and procurement department to draft, negotiate, and execute Letters of Credit for heavy raw material imports or equipment purchases and spare parts procurements.
Responsibilities
- Document Preparation & Compliance:
- Regulatory Adherence: Ensure all trade transactions comply with international trade regulations and the International Chamber of Commerce (ICC) rules, such as UCP 600 etc
- Document Scrutiny: Thoroughly review shipping documents (e.g., Bills of Lading, Commercial Invoices, Certificates of Origin, and packing lists) to guarantee 100% compliance with LC terms and conditions
- Discrepancy Resolution: Collaborate with freight forwarders and suppliers to fix document discrepancies to avoid payment delays or banking penalties.
- LC Administration & Bank Coordination:
- Negotiation & Settlement: Act as the primary point of contact for advising, confirming, and negotiating LC payments with issuing and advising banks.
- Record Keeping: Maintain a meticulous filing system of all LC applications, amendments, and related correspondence for corporate audits.
- LC Issuance & Amendment: Draft, issue, and amend Letters of Credit in coordination with the company’s corporate banking partners.
- Risk Management & Cost Control:
- Cost Analysis: Track LC bank fees, confirmation charges, and interest rates to optimize trade finance costs.
- Risk Mitigation: Collaborate with financial institutions to secure payment guarantees, protecting the company against buyer default or supplier nondelivery.
Requirements
Experience
6 – 9 years in trade operations, corporate treasury, or international Operations of any reputable banking
Industry Knowledge: Deep familiarity with international trade laws and ICC rules, specifically UCP 600 (Uniform Customs and Practice for Documentary Credits) and ISP98. CBN Trad Portal, etc.
Certifications: Professional credentials such as the Certified Documentary Credit Specialist (CDCS) are highly
Preferred Qualifications
- Technical Skills: Proficiency in financial tracking software (e.g., Trade360, Loan IQ, AFS) and SWIFT messaging.
- Certifications: Specialized qualifications like the Certified Documentary Credit Specialist (CDCS) or Certificate in International Trade & Finance (CITF) are highly
Education
A Bachelor’s Degree in Finance, Accounting, International Business, or Economics.
Essential Soft Skills:
High analytical and problem-solving abilities to navigate ambiguous or complex transaction bottlenecks.
Strong communication skills for coordinating between buyers, sellers, and advising banks across different time zones.
Exceptional attention to detail to spot minute discrepancies in lengthy financial documents.
How to Apply
Interested and qualified candidates should:
Click here to apply online
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