Senior Treasury Analyst - VR/31186

Thorpe Molloy McCulloch Recruitment Ltd; Westhill; On-site; GBP 40,000 - 55,000; Full time

Job summary

A well-established organisation in Aberdeen is seeking a Senior Treasury Analyst to manage bank guarantees and support financial operations. This permanent role requires finance experience but offers training in bank guarantees, making it suitable for candidates with relevant educational backgrounds.

Qualifications

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

Responsibilities

• Manage bank guarantees, including issuance and communications.
• Provide guidance on bank guarantee text for tenders.
• Maintain the global guarantee register and assist in improving processes.

Skills

Finance experience

Trade finance knowledge

Contract negotiation

Education

Bachelor's degree in relevant field

Job description

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.

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