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- Good product and systems knowledge.
- Previous experience in checking and releasing Guarantees/SBLC
- Good communication skills.
- Team work: cooperative and proactive
- Excellent attention to detail
- Pragmatic approach
- Proactive thinking
Desirable:- French language (written and spoken).
- Other European languages (Italian, Spanish, German).
Senior Issued Guarantees Officer - London (Greater), United Kingdom - Credit Agricole
Description
Summary:The Senior Issued Guarantees OfficerÂis responsible for the end to end processing of Guarantees and SBLCâs, including drafting, sending and recording in systems and fees management.
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Key
Responsibilities:
o Responsible for the timely and accurate processing of guarantees and associated work.
o To check client and bank requests for issuance of guarantees and SBLCâs, to ensure legal acceptability, and compliance with the Bankâs standards. To verify client instructions against credit authorisations and agreed client conditions
o Registering transactions within bank tools, ensuring a high level of accuracy and efficiency in a timely manner
o Preparation and issuance/re-issuance/checking of guarantees and SBLCâs including Tender Bonds, Financial / Performance / Advanced Payment Bond / Warranty Bond / Bid Bond / Evergreen / Tax /Trade Related Financial, Retention Monies Guarantees, Customs Guarantees etc., (including the booking of our share of syndicated loans and guarantees).
o Follow-up work on guarantees and SBLCâs including amendments, extensions, cancellations/releases, queries and claims.
o Communication with other CACIB European sites, FO, Fin Sec/Compliance, Legal and other Banks
o Claiming and handling receipt of all related fees and commissions.
o Preparation of invoices to clients, ensuring a high level of accuracy in terms of calculation of fees and production and regular follow up of unpaid invoices
o Prepare and check issue bank fees from local issuing banks
o Maintaining excel spreadsheets and monitoring/agreeing suspense accounts at month end.
o Providing guidance to junior officers, checking, signing and releasing Guarantees/SBLCâs
o Capture of Guarantees and SBLCâs processing of follow up work and fees in TI+
o Perform controls to ensure compliance with internal and regulatory regulations
o ÂProviding advice to clients and Front Office. Reviewing and helping to structure guarantee texts. Vetting/drafting guarantee texts for clients. Ensuring the compliance of client requests with authorisations held.
o ÂEnsure that all necessary controls and reporting are undertaken on a daily, weekly and monthly basis.
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Essential: