Description du poste

Summary:

The Senior Issued Guarantees Officer is responsible for the end to end processing of Guarantees and SBLC’s, including drafting, sending and recording in systems and fees management.

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 SBLC’s, to ensure legal acceptability, and compliance with the Bank’s 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 SBLC’s 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 SBLC’s 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/SBLC’s

o   Capture of Guarantees and SBLC’s processing of follow up work and fees in TI+

o   Perform controls to ensure compliance with internal and regulatory regulations

o   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.

o    Ensure that all necessary controls and reporting are undertaken on a daily, weekly and monthly basis.

Complément

Management and reporting
Assisting the Issued Guarantees Team leader with daily processing activities taking into account productivity, operational risk and audit requirements

Legal and Regulatory Responsibilities
o   Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and the Financial Crime Policy.
o    Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.

Key Internal contacts
ITB (Front Office)
FCS and TBS  Middle Office / Account Officers
Financial Security/Compliance
Legal
Nostro Reconciliation & Investigations
RPC (Risk)
IT
FTO DGO Paris
FTO internal departments

Key External contacts
Major Corporate Clients, other CACIB branches worldwide and correspondent banks
Optim Trade (electronic platform)
ELCY (Electronic Platform)
Komgo Konsole (Electronic Platform)
Trakk