Group Surety - Trade Finance Specialist - Fronting (Fixed Term Contract)
London, GB, E14 5DX
The role
The Trade Finance analyst is responsible for processing global fronting operations from all Allianz Trade 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
Surety Fronting requests:
- Timely processes Surety fronting requests, including enquires, 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 Allianz Trade’s fronting capabilities globally
Profile
SOFT SKILLS
Interpersonal 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.
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Allianz Group 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 Allianz, 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. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
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