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Snr treasury analyst

Bracknell
Treasury analyst
Posted: 6 June
Offer description

The Future Is What We Make It. When you join Honeywell, you become a member of our Global team of thinkers, innovators, dreamers and doers who make the things that make the future. By changing the way we fly, fuelling jets in an eco-friendly way, keeping buildings smart and safe and even making it possible to breathe on Mars. Make the Best You. Working at Honeywell is not just about developing cool things. All our employees enjoy access to dynamic career opportunities across different fields and industries. Join us and Make an Impact. We have an opportunity for a Trade Finance Analyst to join our team in Bracknell. Key Responsibilities - Check and negotiate Letters of credit to acceptable level to ensure payment on documentation submission to the bank working to the banking practices of UCP 600 - Full Understanding of UCP 600 - Maintain bank relationships to ensure we have sufficient level of escalation and contacts to receive and negotiate documents under letter of credit - Assist in the preparation of documents through Trade Technologies - Liaise with Internal, Sales Customer care and Business Leaders to ensure Letters of Credit are negotiated received and aligned with our internal processes and practices to ensure prompt and clear payment - Evaluate the Risks on a Country by Country basis making sure letters of credit are requested with instruction to confirm where high Sovereign risk is identified - Maintain and edit all transactions on Trade Technologies and GTC Komgo to provide correct Data for reporting purposes - Weekly contact with SBU's to ensure all outstanding letters of credit are being worked correctly - Provide Trade Finance Solutions on an Adhoc Basis where Letters of credit cannot be agreed or negotiated successfully to ensure Honeywell has minimal payment risk - Prepare and work with Sales and project managers in the required areas to raise bank guarantees as requested for UOP - Ongoing process improvement in all SBU's enhancing Processes and Procedures going forward for the use of Trade finance Tools to include Cash against documents, Letters of credit, Bank Guarantees and Standby Letters of credit. - issuance of Bank Guarantees and Standby letters of credit / Checking and recording BG & SBLC's received by Honeywell - Collaboration for LC team with Sharing of information on the shared team site. - Working with C2C team in credit related activities providing support where required - Prepare Credit approval Cases and provide recommendations for approval to Senior Leaders - Meet assigned timelines and ensure documentation requirements are met per the business and audit requirements - Co-ordinate with Sr Risk Analyst, C2C and Sales managers to understand Customers accounts and their pay habits and recommend Trade Finance Solutions where appropriate - Conducts business in a manner that promotes both internal and external customer satisfaction - Cover for Team Colleagues as required - Treasury Tasks as required Experience - Experience managing received letters of credit from the beneficiary side, with strong knowledge of UCP600 and related trade documentation - Experience of working in a Commercial environment - Proven experience initiating and coordinating the issuance of bank guarantees. We offer A culture that fosters inclusion, diversity and innovation Market specific training and on-going personal development If this is your dream role, then we'd love to hear from you. Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments - powered by our Honeywell Forge software - that help make the world smarter, safer and more sustainable. Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.

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