Guarantees Analyst

Salary: £54,000 per year

Our client is looking for Guarantees Analyst to join their team on a permanent basis.

The Guarantees analyst 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.
Responsibilities:
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 European 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.

Skills and knowledge
Significant 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.
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
A level or equivalent education is preferred.
Equivalent experience will be considered.
Industry qualifications, i.e. CDCS, CSDG will be an advantage