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Treasury Operations Specialist

Esnad Contracting
Riyadh, KSA
fulltime
Entry
5 days ago
Process ImprovementSupply Chain ManagementLogisticsInventory ManagementQuality ControlLean Six Sigma
Free

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About the role

The Treasury Operations Specialist is responsible for managing

Letters of Guarantee (LGs), Letters of Credit (LCs), and overall trade finance activities

, ensuring accurate, timely, and compliant execution of bank instruments.

This role acts as a key interface between banking partners and internal project and procurement teams to support day-to-day project operations.

Key Responsibilities

  • Prepare and manage LGs (bid bonds, performance bonds, APGs, retention)
  • Handle LG amendments, extensions, and cancellations
  • Process LC applications, amendments, and settlements
  • Maintain LG & LC registers and monitor expiry dates
  • Coordinate with banks, procurement, legal, and project teams
  • Track fees, commitments, and facility utilization
  • Ensure compliance with internal controls and bank requirements

Requirements

  • Bachelor’s degree in Finance, Accounting, Business, or related field
  • Minimum 5 years of experience in trade finance / treasury operations
  • Strong knowledge of LGs, LCs, UCP 600, URDG 758
  • Hands-on experience in the Saudi banking environment
  • Experience in construction or infrastructure projects is preferred
  • Fluent in Arabic & English

Core Competencies

  • High attention to detail and accuracy
  • Strong written communication skills
  • Organized and deadline-driven
  • Strong coordination across functions
  • Control mindset

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