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Trade Finance LG Officer - Iraq Branch

LG Officer (Letters of Guarantee Officer) Main Duties: • Handle and process all types of Letters of Guarantee (LGs), including issuance, amendments, renewals, cancellations, and claims handling. • Ensure all LG transactions are pr...

Job Full source details
Bank al Etihad Baghdad, Baghdad Governorate, Iraq Source published May 7, 2026 Verified 7 hours ago
✓ 92% verification score · Source: Bank Al Etihad Careers · Always confirm final requirements on the original source.
Complete source information imported The available role or programme description, requirements, benefits and source facts were imported from the public official endpoint and formatted for reading.
CountryIraq
IndustryBanking

Overview

LG Officer (Letters of Guarantee Officer) Main Duties: • Handle and process all types of Letters of Guarantee (LGs), including issuance, amendments, renewals, cancellations, and claims handling. • Ensure all LG transactions are processed accurately and in compliance with bank policies and regulatory requirements. • Review customer requests and supporting documents related to guarantees and verify completeness before processing. • Monitor expiry dates and follow up on renewals, releases, and outstanding guarantees. Coordinate with branches, customers, and related departments regarding guarantee operations and inquiries. • Maintain accurate records and documentation for all guarantee transactions and archive files properly. • Prepare periodic reports related to issued, outstanding, and expired guarantees. • Ensure compliance with Central Bank regulations, internal procedures, and AML requi

Full job description

Description

Full Job Description

LG Officer (Letters of Guarantee Officer)

Main Duties:

• Handle and process all types of Letters of Guarantee (LGs), including issuance, amendments, renewals, cancellations, and claims handling.

• Ensure all LG transactions are processed accurately and in compliance with bank policies and regulatory requirements.

• Review customer requests and supporting documents related to guarantees and verify completeness before processing.

• Monitor expiry dates and follow up on renewals, releases, and outstanding guarantees. Coordinate with branches, customers, and related departments regarding guarantee operations and inquiries.

• Maintain accurate records and documentation for all guarantee transactions and archive files properly.

• Prepare periodic reports related to issued, outstanding, and expired guarantees.

• Ensure compliance with Central Bank regulations, internal procedures, and AML requirements.

• Support trade finance operations whenever needed within the department.

• Handle customer and branch inquiries related to guarantees professionally and efficiently.

Requirements

Bachelor’s degree in Finance, Accounting, Business Administration, or any related field.

1–3 years of experience in banking operations.

Experience in Letters of Guarantee (LGs), trade finance, Good understanding of banking procedures and international trade operations.

Strong attention to detail and accuracy in reviewing documents and data entry.

Good communication and coordination skills with branches and customers.

Ability to work under pressure and within a team environment.

Proficiency in Microsoft Office and banking systems.

Tips for this job

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  4. Apply through the original employer or official recruitment destination shown on this page.

Verification notes

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