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Reed
,
London, Greater London
Guarantees - Team Leader
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Job Type: Full-time |
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Salary: £60,000 per annum |
Overview
My client, a global investment bank are looking for a Guarantees - Team Leader to join their team in Central London. Summary Responsible for all aspects of the day to day running of the Guarantees area. Key Responsibilities Responsible for the timely and accurate processing of guarantees and associated work. Preparation and issuance/re-issuance/checking of guarantees including Tender Bonds, Advance Payment Guarantees, Performance Bonds, Retention Monies Guarantees, Customs Guarantees etc., (including the booking of our share of syndicated loans and guarantees). Follow-up work on guarantees including amendments, extensions, cancellations/releases, queries and claims. Claiming and handling receipt of all related fees commissions. Maintaining Excel spreadsheets and monitoring/agreeing suspense accounts at month end. Providing 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. Maintain an up to date set of procedures Ensure that all necessary controls and reporting are undertaken on a daily, weekly and monthly basis. Processing appraisals for guarantee members of staff Experience Experience of all aspects of guarantees work within a similar organisation. Specialist knowledge of the different products processed in the Guarantees area. Knowledge of ICC rules for Guarantees. Functional knowledge of all systems used in his area.