MAIN PURPOSE OF THE ROLE:
The Guarantees Team Analyst should have the ability to review and structure guarantees to
ensure they comply with both the banks' procedures and processing requirements, provide a
Guarantee advisory service as a recognised technical expert, be familiar of all MT7XX series Swift
...
formats and all payment orders/advices. Be computer literate and fully conversant with MS Office
tools and have full familiarity of all types of demand guarantees and Standby Letters of Credits,
including but not limited to bid, performance, advance payment, warranty, retention. Finally, be
able to review and construct a guarantee wording, working closely with Legal as required.
KEY RESPONSIBILITIES:
In this role, you will be responsible for Guarantees across the banking arm and securities
business under a dual-hat arrangement. Under this arrangement, you will act and make decisions
on behalf of both the bank and the securities business, subject to the same remit and level of
authority, and irrespective of the entity which employs you.
- Effectively manage and prioritise workflows to ensure all transactions are organised to meet service level agreements with minimal supervision
- Responsible for the input process .
- Responsible for providing support to Paris, Dubai and MBE branch for the input of a vast number of guarantees and subsequent revalue and fees on syndicated deals.
- Assist with ensuring all procedures and directives are up to date and maintained within the team.
- Ensure compliance with all Bank and Regulatory requirements in order to minimise exposure to risk and to safeguard against financial loss to the Bank.
- Provide training and guidance to team members on the guarantee process, and to act as a 'go- to' person in order to resolve day to day operational issues.
- Process and maintain guarantees as required. Monitor all guarantee events.
- Report and control all pending items, and timely escalation all of matters requiring management attention.
- Establish and maintain effective working relationships with all stakeholders.
WORK EXPERIENCE:
Essential:
- Experience within a Guarantees environment ideally at a leading International Bank.
- Experience working with clients with tight deadlines, and prioritising their work
- Proven experience of self-managing workflows.
- Experience of working in a fast moving environment under time pressure whilst retaining strong attention to detail
SKILLS AND EXPERIENCE:
Essential
- Demonstrable knowledge of all guarantee and Standby Letters of Credit products and their lifecycles.
- Technical competence in all rules and publications by the ICC, including and not limited to UCP600, ISP98, URDG758
- Essential A level or equivalent education is preferred.
- Equivalent experience will be considered.
- Industry qualifications, i.e. CDCS, CSDG will be an advantage
PERSONAL REQUIREMENTS:
- Results driven, with a strong sense of accountability
- A proactive, motivated approach.
- The ability to operate with urgency and prioritise work accordingly
- Strong decision making skills, the ability to demonstrate sound judgement
- A structured and logical approach to work
- Strong problem solving skills
- A creative and innovative approach to work
- Excellent interpersonal skills
- The ability to manage large workloads and tight deadlines
- Excellent attention to detail and accuracy
- A calm approach, with the ability to perform well in a pressurised environment
- Strong numerical skills
- Excellent Microsoft Office skills
Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003