Letter of Credit (LC) Specialist

About this role

The role is for a Letter of Credit (LC) Specialist at Dangote in Lagos. The position involves managing international trade finance to ensure secure payments and to mitigate supply chain risks, by coordinating with banks, logistics, and procurement to draft, negotiate, and execute Letters of Credit for heavy imports and equipment purchases. The employer is Dangote Group, a diversified conglomerate with operations in manufacturing, logistics, real estate, and more, focused on local value-added products and large-scale facilities in Nigeria and Africa.

What you would do

• Review shipping documents to ensure compliance with LC terms.
• Collaborate with freight forwarders and suppliers to fix document discrepancies.
• Ensure trade transactions comply with international trade regulations and ICC rules (e.g., UCP 600).
• Draft, issue and amend Letters of Credit with corporate banking partners.
• Coordinate with banks for advising, confirming, negotiating LC payments.
• Act as primary contact for LC related communications with issuing and advising banks.
• Maintain filing system for LC applications, amendments and related correspondence.
• Identify and mitigate payment risks with financial institutions.
• Track LC bank fees, confirmation charges and interest rates to optimise costs.
• Provide ongoing liaison between procurement, logistics and treasury on LC matters.

What they are asking for

• Bachelor's degree in Finance, Accounting, International Business or Economics.

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