Senior Treasury Analyst

Hutcheon Mearns Ltd; Aberdeen City; Hybrid; GBP 40,000 - 55,000; Full time

Job summary

A leading company in the oil service sector is seeking a Senior Treasury Analyst in Aberdeen. This role involves managing bank guarantees, offering support during tenders, and working closely with banks to ensure requirements are met. The successful candidate will benefit from a hybrid working model and a comprehensive benefits package.

Benefits

Hybrid working

Flexible hours

Excellent benefits package

Qualifications

• Degree qualified with relevant background.
• Basic understanding in reviewing and negotiating contracts is desirable.
• Demonstrate some experience in corporate finance or regional finance matters.

Responsibilities

• Responsible for issuing and maintaining bank guarantees.
• Provide guidance on tender bank guarantee solutions.
• Maintain proactive communications with businesses regarding bank guarantees.

Skills

Corporate finance

Contract negotiation

Education

Degree in relevant field

Job description

Hutcheon Mearns is working with a global oil service company to hire a Senior Treasury Analyst on a full time, staff basis to join their Aberdeen based team.

The Opportunity

Situated within an established and sociable team, you will be responsible for the issuance and maintenance of bank guarantees across the group. You will also take an active role in tenders, providing guidance and support for managing risks associated with bank guarantee solutions and working with the banks and sureties to issue the guarantee requirements for the group.

KEY RESPONSIBILITIES

• Be recognised by relevant Businesses as the bank guarantee subject matter expert, to both identify and be approached on the topic
• Provide 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
  • Provide advice on Contracts in relation to bank guarantees
  • Including the appropriate cost inclusion for new project tenders
• Arrange for the issuance of new bank guarantees in a timely manner
• Responsible for maintaining the global guarantee register
• Maintain proactive communications with businesses and project teams to identify and implement required amendments / extensions / cancellations of existing bank guarantees
• Provide cost of bank guarantees to the businesses
• Own the bank guarantee fee payment process
• Assist and support on forecasting the global requirements of bank guarantees and strategy across the group
• Assist on implementing or amending facilities with relationship banks/sureties
• Assist in developing, testing and implementing process improvements to automate the guarantee process and activities such as implementation of a trade finance system
• Review other trade finance matters such as receivables financing or supply trade financing
• Align business processes in the region with the Group Treasury Guidelines for best practice

Background and Experience

• Degree qualified with relevant background
• No specific experience in bank guarantees required, training will be provided
• A basic understanding in reviewing and negotiating contracts and tendering is desirable
• Must be able to demonstrate some experience in corporate finance or regional finance matters

Our client offers hybrid working, flexible hours and an excellent benefits package.

Next Steps

To submit your CV for review, or arrange a confidential discussion, please contact Lois Dobbie on 07841 032760 / [e-mail].

Only candidates eligible to work in the UK will be considered for this position as no sponsorship is available.