Letter of Credit (LC) Specialist

About the role

The Dangote Group is a conglomerate with operations spanning multiple sectors. This role owns the management of international trade finance documents and Letters of Credit to secure payments and mitigate supply chain risk for heavy imports and equipment purchases.

What you'll do

• Prepare and scrutinize LC documentation to ensure compliance with terms and conditions
• Resolve discrepancies with freight forwarders and suppliers to prevent delays or penalties
• Coordinate with banks to issue, amend, advise, negotiate, and settle LC payments
• Maintain organized records of LC applications, amendments, and related correspondence
• Monitor LC bank fees, charges, and interest to optimize costs

What they're looking for

• Bachelor’s degree in finance, accounting, international business, or economics
• 6-9 years in trade operations, corporate treasury, or international operations in banking or related fields
• Specialized certifications such as CDCS or CITF are highly preferred
• Strong knowledge of ICC rules, UCP 600, ISP98, and international trade finance practices
• Proficiency with financial tracking software and SWIFT messaging

For applicants in Nigeria

• Location is Lagos, Nigeria; the listing states Nigerian eligibility
• The listing does not specify a timezone requirement; confirm before interviewing
• The listing does not state whether the role is contractor or employee; confirm during interview
• Pay currency is not stated; confirm salary or range in local currency during discussions