Group Surety - Trade Finance Specialist - Fronting (Fixed Term Contract)
SKILLS
FULL DESCRIPTION
Group Surety - Trade Finance Specialist - Fronting (Fixed Term Contract)
Company: [Employer hidden — sign up to reveal] / [Employer hidden — sign up to reveal]
Location: London, United Kingdom (Hybrid)
Job Level: Berufserfahren (Experienced)
Employment Type: Temporary (Fixed Term Contract – Maternity Cover approx. 10 months)
Category: Underwriting
Description
The Trade Finance analyst is responsible for processing global fronting operations from all [Employer hidden — sign up to reveal] Business Units. Supports the fronting managers with existing relationship with partner banks. Optimizes and harmonizes fronting processes for Surety with aim of adding value to business.
Main Tasks
- Timely processes Surety fronting requests, including enquiries, quotations, bond wording acceptances, counter-guarantees, SWIFT messages to banks, SBLC/BG issuances and invoicing
- Monitors and provides constant update about application status for the requesting BU’s
- Constantly looks for process improvements and aim to customers’ service excellence
- Seeks alignment with Surety U/W, Legal and Finance functions supporting business growth and process optimization
- Develops fronting reports on fronting deals and banks' portfolio
- Ensures that fronting processes are followed and data entry is accurate in the system
Banks Relationships
- Maintains good relationship with banks
- Keeps the Fronting Map up-to-date including [Employer hidden — sign up to reveal] fronting capabilities globally
Profile
Soft Skills
- Solid customers-oriented and production management skills
- Ability to build long-term and collaborative customers and banks relationships
- High attention to detail
- Ability to negotiate and hold difficult meetings with stakeholders
- Effective self-management skills
- Willingness to support changes when necessary
Hard Skills
- Previous experience with the bank sector
- Knowledge on exchanging Swift MT700's family messages with banks
- In depth understanding of Fronting processes and workflows
- Excellent English writing and verbal skills
Nice to Have
- Previous experience with insurance is desirable but not essential
This opportunity is a maternity leave cover and is expected to last approximately 10 months.
About [Employer hidden — sign up to reveal]: [Employer hidden — sign up to reveal] is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. At [Employer hidden — sign up to reveal], we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all.