Letter of Credit (LC) Specialist
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Trade finance role at Dangote Industries Limited managing Letters of Credit for international raw material, equipment, and spare parts procurements. Involves bank coordination, document scrutiny, discrepancy resolution, and risk mitigation across corporate treasury activities.
- 6–9 years of experience required in trade operations, corporate treasury, or international banking.
- Bachelor's Degree in Finance, Accounting, International Business, or Economics needed.
- CDCS or CITF certifications are highly preferred.
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Trade finance role at Dangote Industries Limited managing Letters of Credit for international raw material, equipment, and spare parts procurements. Involves bank coordination, document scrutiny, discrepancy resolution, and risk mitigation across corporate treasury activities.
- 6–9 years of experience required in trade operations, corporate treasury, or international banking.
- Bachelor's Degree in Finance, Accounting, International Business, or Economics needed.
- CDCS or CITF certifications are highly preferred.
- Deep knowledge of UCP 600, ISP98, and ICC rules required.
- Coordinates with banks, logistics, and procurement on LC issuance and amendments.
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 NigeriaThe vacancy is associated with this location.
- UnclearComfort with the Full Time contract termsConfirm hours, duration, probation and benefits at the original source.
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 Nigeria.
- 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 Nigeria 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.
Key Accountabilities
- Document Preparation & Compliance:
- 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
- Regulatory Adherence: Ensure all trade transactions comply with international trade regulations and the International Chamber of Commerce (ICC) rules, such as UCP 600 etc
- Discrepancy Resolution: Collaborate with freight forwarders and suppliers to fix document discrepancies to avoid payment delays or banking penalties.
- LC Administration & Bank Coordination:
- Record Keeping: Maintain a meticulous filing system of all LC applications, amendments, and related correspondence for corporate audits.
- Negotiation & Settlement: Act as the primary point of contact for advising, confirming, and negotiating LC payments with issuing and advising banks.
- 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
- Certifications: Specialized qualifications like the Certified Documentary Credit Specialist (CDCS) or Certificate in International Trade & Finance (CITF) are highly preferred
- Certifications: Professional credentials such as the Certified Documentary Credit Specialist (CDCS) are highly preferred
- Education: A Bachelor’s Degree in Finance, Accounting, International Business, or Economics.
- 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.
- Technical Skills: Proficiency in financial tracking software (e.g., Trade360, Loan IQ, AFS) and SWIFT messaging.
- Essential Soft Skills:
- High analytical and problem-solving abilities to navigate ambiguous or complex transaction bottlenecks.
- Exceptional attention to detail to spot minute discrepancies in lengthy financial documents.
- Strong communication skills for coordinating between buyers, sellers, and advising banks across different time zones.
- Application Closing Date
- Not Specified.
- How to Apply
- Interested and qualified candidates should:
- Click here to apply online
- View all Jobs in Nigeria
- Lagos State