A well-established organisation is hiring a Senior Treasury Analyst for a permanent role in Aberdeen. The role involves managing bank guarantees, supporting tenders, liaising with banks, and advising on financial risk. Finance experience is essential; trade finance knowledge is beneficial but full training is provided.
Duties and Responsibilities
* Being recognised by relevant Businesses as the bank guarantee subject matter expert, to both identify and be approached on the topic.
* Providing guidance and support on the review of potential bank guarantee text (performance / bid bonds/advanced payment bond) at early engagement at tender stage of projects with the global business and working with the banks. This will include: Reviewing and providing advice on appropriate bank guarantee wording to tender teams and subsequently the client.
* Identifying and engaging with suitable banks and sureties reviewing guarantees on providing feedback and pricing.
* Providing advice on contracts in relation to bank guarantees.
* Including the appropriate cost inclusion for new project tenders.
* Arranging for the issuance of new bank guarantees in a timely manner.
* Responsible for maintaining the global guarantee register.
* Maintaining proactive communications with businesses and project teams to identify and implement required amendments / extensions / cancellations of existing bank guarantees.
* Providing cost of bank guarantees to the businesses.
* Owning the bank guarantee fee payment process.
* Assisting and support on forecasting the global requirements of bank guarantees and strategy across the group.
* Assisting on implementing or amending facilities with relationship banks/sureties.
* Assisting in developing, testing and implementing process improvements to automate the guarantee process and activities such as implementation of a trade finance system.
* Reviewing other trade finance matters such as receivables financing or supply trade financing.
* Aligning business processes in the region with the Group Treasury Guidelines for best practice.
Key Qualification
* Degree qualified with relevant background.
Key Experience:
* No specific experience in bank guarantees required, training will be provided.
* A basic understanding in reviewing and negotiating contracts is desirable.
* Relevant business experience, in particular tendering.
* Must be able to demonstrate some experience in corporate finance or regional finance matters.
TMM Recruitment INDFIN
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