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GB1771 - LC Officer

Business Unit: Support Groups
Division: Operations
Department: Trade Finance
Contract Type: Full Time
Area/Branches: MAK
Closing Date: 19-Feb-2017

About Gulf Bank

Gulf Bank was established in 1960 and has since progressed to becoming an industry-leading financial services provider complemented by a large network of 55 branches strategically positioned in key locations across Kuwait.

The main groups of the Bank are Consumer Banking, Corporate Banking, International Banking and Treasury.

Job Purpose:

To complete all issuance, amendment and settlement of Letter of Credit / Guarantees / Bills / Collection, Document Checking and check all incoming and outgoing communications in order to ensure that all processes are completed timely and accurately.



Initiate processing of LC, LG, Collection & Bills in the system to generate LC/LG Instrument / Arrival notifications and / or refusal advices to correspondent for discrepant documents / Settlement and thereby obtain accurate financial data related to LC/LG/Coll and documents.

Team supervision 

  • Supervise work and workflow of staff.
  • Ensure blockages are resolved.
  • Handle more complex issues and problems.
  • Plan work rotations and schedules.
  • Provide day-to-day supervision and oversight of the team’s work and handle HR issues.
  • LC / LG Issuance/Amendment & Settlement of Coll/Bills/Claims
  • Authorize and sign LC/LG instruments, Amendment thereto, Settlements, Closures/Cancellations and related swift messages.

Documentation checking 

  • Ensure documents are checked against LCs in line with terms and conditions or collection instruction.
  • Ensure required documents have been provided (i.e. commercial invoice, certificate of origin, packing list, airway bill or bill of lading etc.). 
  • Ensure compliance with international trade rules and internal guidelines.
  • Address issues such as inadequate documentation.
  • Follow-up with customers on discrepant documents and communicate details of refusal/acceptance of LCs.
  • Ensure unresolved cases are reviewed and closed.

Customer Relations

  • Handle major customer enquiries.
  • Communicate with clients on arrival of documents in order to avoid payment of demurrage charges.
  • Authorize initial processing, liquidations, acceptances, negotiation and sign related swift message.
  • Ensure follow up and timely closure.


  • Report on documents in hand and completed.
  • Follow up processing schedule.
  • Send advices to negotiating bank promptly.

Corporate governance & compliance:

Work fully within:

  • Risk policies and procedures.

  • All compliance regulations.
Education, Knowledge, Experience and Skills:

Education / Qualifications:

Graduate in any commercial discipline


Knowledge of bills procedures and practices; Knowledge of documentation requirements etc


Overall 5 to 7 years in Trade Finance with 3 to 5 years in similar role 

Generic & Specific Skills:

Excellent Communication Skills

Bilingual in Arabic and English

Computer literacy (MS Office)

Customer Management

Risk Assessment

Sound knowledge of UCP600, ISBP2007, URR725, URC522, URDG758 & ISP98 and Swift formats.

Note: you will be required to attach the following:
1. Resume / CV

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