Issuance of Bank Guarantees, Standby-LCs, Payment Guarantees, Export LC and other financial instruments
Review and negotiate wording of Guarantees with group subsidiaries, legal and banks, to ensure adherence to standard terms and conditions
Day-to-day monitoring of Bank Guarantee activity and liaise with banks and the group subsidiaries to ensure timely issuance of BG and issue resolution;
Help develop / improve Guarantee Standard Languages and Guarantee processes
Support consolidation / integration of trade operations for group subsidiaries, ensuring compliance with treasury policies
Internal advisor to group subsidiaries on all Guarantee and LC activities / topics
Preparation of monthly, quarterly and yearly trade finance reports including consolidation reports
Perform varies analysis (eg cost optimization) and ad hoc management reports
Assisting in the global administration of our internal tool used for reporting of Guarantees and LCs
Further development of our internal guarantee & LC reporting tool
Perform special tasks for Group Treasury and support ongoing trade finance projects
Assisting in analyzing and implementing cost saving initiatives
Perform internal trainings via video calls and onsite visits to group subsidiaries
To succeed in this role, you will need:
University degree, eg MBA
Demonstrable 7-8 years experience from banking sector or in corporate Trade Finance
Professional qualification (eg CDCS / CSDG) needed
Profound understanding on URGD, UPC and bank guarantee rules a must
Attention to detail skills required
Excellent analytical and presentation skills
Proficient English language (both written and spoken) and good communication
Good MS-Office Knowledge, especially Excel and Word