Bank Guarantee

Danieli Group started as a family-owned business in 1914 and has grown into one of the leading manufacturers of plants and machines for producing metals, meeting the needs and ambitions of customers worldwide. With more than twenty-five divisions comprising valuable, international and unique talents, the Group is rooted in the same values that have accompanied it since its founding: innovation, team spirit, excellence and reliability.

We are currently seeking a new talented individual to join our Working Capital Cash-in - Administr. Finance and Control Dept.

**Job Title**: _Bank Guarantee Specialist and Letter of Credit Specialist_

**Location**:Buttrio (UD)

**Responsibilities**:
**Bank Guarantee**
- Processing Bank Guarantee transactions in the most effective and efficient manner resulting in the highest level of customer service quality guided by the operating procedures, guidelines, policies and standards sets.
- Assist head of department in day-to-day International Trade Finance matters specific to Bank Guarantees (Issue and manage bank guarantees for corporate clients and for banks).
- Responsible for the accurate and timely issuance of corporate and bank guarantees including issuance of new guarantees, as well as amendments (e.g. extensions, replacements etc.) and discharging/reduction of existing guarantees on time. Manage the related documentation with the banks and in the internal systems.
- Provide assistance to the Trade Finance / Sales area to ensure transactions received from customers are processed in a timely manner and in accordance with management requirements.
- Negotiate language of Bank Guarantee with business units, customer and banks, to ensure adherence to Company’s standard terms and conditions and the banks.
- Day-to-day monitoring of Bank Guarantee activity and liaise with banks and the group business units to ensure timely issuance of Bank Guarantee and issue resolution.
- Perform Bank Guarantee analysis and provide management reports.
- Negotiate pricing with the banks.

**Letter of Credit**
- Working as a Letter of Credit Officer involves obtaining the necessary information to process and complete letters of credit and related financial transactions for clients.
- Assist head of department in day-to-day International Trade Finance matters specific to Letter of Credit (verifies all documentation for accuracy and completeness).
- The daily duties of a Letter of Credit Officer include the gathering of necessary information or documentation to complete Letters of Credit and any related financial transactions.
- Negotiate language of Letters of Credit with business units, customer and banks, to ensure adherence to Company’s standard terms and conditions.
- Provide assistance to the Trade Finance / Sales area
- Negotiate pricing with the banks and manage the related documentation.

**Requirements**:

- 1/2 years experience in Banking/Financial Services in the Operations/Trade Finance area.
- Knowledge of all Trade Finance products in particular bank guarantees and letter of credits.
- Knowledge of URDG 758 Rules and UCP 600 Rules, ISP98 is a plus.
- Computer literacy (MS Excel (formulas, VLOOKUP, and pivot tables) MS Power Point (able to create a presentation document), MS Word).
Basic knowledge of ERP systems - SAP is a plus.
- Fluency written and spoken English (mandatory), other languages are a plus.

**Soft Skills**:

- Ability to organize and set priorities.
- Ability to identify improvements and look for ways to create efficiencies.
- Ability to work effectively in a team-oriented environment also with colleagues across geographic and functional boundaries - Team player.
- Solid communication skills and ability to build and maintain customer relationships and with business units.
- Strong attention to detail, quality and accuracy.
- Strong learning ability and adaptability, good analytical and logical thinking ability.
- Ability to work under pressure and adapt to a dynamic environment, focused on the results.
- Strong motivation, dedication and availability.