Letter of Credit (LC) Specialist

Information is Power! Get new Jobs in your EmailEnter your Email below and click Subscribe: Subscribe Letter of Credit (LC) Specialist at Dangote Industries LimitedPosted on Thu 17th Sep, 2026 - hotnigerianjobs.com --- (0 comments) Dangote Group is one of Nigeria’s most diversified business conglomerates with a hard – earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa. We are recruiting to fill the position below: Job Title: Letter of Credit (LC) Specialist Location: Lagos 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: 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. Regulatory Adherence: Ensure all trade transactions comply with international trade regulations and the International Chamber of Commerce (ICC) rules, such as UCP 600 etc LC Administration & Bank Coordination: LC Issuance & Amendment: Draft, issue, and amend Letters of Credit in coordination with the company’s corporate banking partners. 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. Risk Management & Cost Control: Risk Mitigation: Collaborate with financial institutions to secure payment guarantees, protecting the company against buyer default or supplier nondelivery. Cost Analysis: Track LC bank fees, confirmation charges, and interest rates to optimize trade finance costs. Requirements Education: A Bachelor’s Degree in Finance, Accounting, International Business, or Economics. 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 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. Certifications: Professional credentials such as the Certified Documentary Credit Specialist (CDCS) are highly preferred Essential Soft Skills: 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. High analytical and problem-solving abilities to navigate ambiguous or complex transaction bottlenecks. Application Closing Date Not Specified. How to Apply Interested and qualified candidates should: Click here to apply online Share this job: Career News: INEC Begins Recruitment of Ad Hoc Staff for the 2027 General ElectionsIndependent National Electoral Commission (INEC) 2027 General Elections Nationwide Job Recruitment (5 Positions)Federal Government of Nigeria Job Recruitment (16 Positions)Independent National Electoral Commission (INEC) Job Recruitment (5 Positions)Independent National Electoral Commission (INEC) Massive Ad-hoc Staff Recruitment for 2026 F.C.T Area Council ElectionsNigeria Police Force (NPF) Massive Job Recruitment (29 Positions)Federal University of Environment and Technology, Koroma / Sakpenwa Massive Graduate and Exp. Academic and Non-academic Job Recruitment (260 Positions)University of Maiduguri Teaching Hospital (UMTH) Job Recruitment (34 Positions)Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) Job Recruitment (5 Positions)Federal University of Technology and Environmental Sciences, Iyin-Ekiti (FUTESIYIN) Massive Academic and Non-academic Job Recruitment (248 Positions)Nigerian Content Development and Monitoring Board (NCDMB) Oil and Gas Field Readiness Training Program (10,000 Openings)University of Uyo (UNIUYO) Massive Graduate and Exp. Academic and Non-Academic Job Recruitment (49 Positions)University of Ibadan (UI) Massive Academic and Non-academic Job Recruitment (372 Positions)Nigerian Air Force List of Successful Candidates for Direct Short Service Commission Course (DSSC) 34 / 2025 Zonal General Aptitude TestAccess Bank Plc Entry Level & Exp. Job Recruitment (5 Positions) Comments (0) Post a Comment Name: * Email: * Comment: *

• 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. • Regulatory Adherence: Ensure all trade transactions comply with international trade regulations and the International Chamber of Commerce (ICC) rules, such as UCP 600 etc • LC Issuance & Amendment: Draft, issue, and amend Letters of Credit in coordination with the company’s corporate banking partners. • 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. • Risk Mitigation: Collaborate with financial institutions to secure payment guarantees, protecting the company against buyer default or supplier nondelivery. • Cost Analysis: Track LC bank fees, confirmation charges, and interest rates to optimize trade finance costs. • Education: A Bachelor’s Degree in Finance, Accounting, International Business, or Economics. • 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 • 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. • Certifications: Professional credentials such as the Certified Documentary Credit Specialist (CDCS) are highly preferred • Exceptional attention to detail to spot minute discrepancies in lengthy financial documents.