Institutional Banking – Bank Guarantees & Trade Officer

Written by Anton Murray Consulting Consulting on .

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Location: Sydney

Salary description: AUD $50k-$100k

  • $50-100k AUD Equivalent
  • Permanent
  • 3 to 7 years of experience

Due to the growth in our client’s portfolio, an exciting opportunity has come about for a Bank Guarantees Officer to join this leading global corporate bank on a permanent basis.

Experience within Bank Guarantees and/or corporate loans operations is required to be considered for this role.

The Guarantee Officer will play a vital role in managing Guarantees/SBLCs issuances, and making sure Guarantees/SBLCs are issued in accordance with Group policies, UCP Rules, Checklists and SOPs.


• Undertake responsibility for reviewing, drafting, and execution of Demand Guarantees, Ensure potential risks relating to guarantee wordings are either accepted by Legal/Business, or mitigated by revision, making sure all ambiguities and contradictions are addressed.
• Review Standby Letter of Credit applications and amendments to determine workability, accurately interpret and execute instructions while complying with bank’s policy.
• Minimise Operational incident by performing stringent control checks on non-standard or unusual issuance requests. Ensure guarantees are issued in accordance with Group policies, UCP Rules, Checklists and SOPs.
• Ensure guarantee commissions are booked accurately and collected within agreed time lines.
• Acknowledge and respond to enquiries from external clients and internal stakeholders promptly while demonstrating higher standards of client service.
• Identify Operational processing improvement opportunities; generate ideas and solutions that can be productive during day-to-day work handlings.

 Required Experience:

• 5 + years’ relevant experience in similar Institutional Banking Operations role – Trade Finance, Bank Guarantee’s, Supply Chain Finance etc
• Proven track records working in an Operational area handling Bank guarantees

Technical Experience required:
• Demonstrated knowledge of Uniform Rules for Demand Guarantees (URDG758) & ISP98, and how a guarantee should be structured.
• Knowledge and understanding of the Australian and global banking regulatory and compliance environments
• Experience of controls to manage Operational Risks

Contact Us in Sydney


Phone:+61 2 8246 8900

Hiring Staff: hire@antonmurray.com

Seeking Work: apply@antonmurray.com

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