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- Tasks: Process global fronting operations and optimise Surety processes for added business value.
- Company: Join Allianz, a trusted leader in insurance and asset management.
- Benefits: Inclusive workplace, supportive culture, and opportunities for personal growth.
- Other info: This is a maternity cover role lasting approximately 10 months.
- Why this job: Make a real impact while developing your skills in a dynamic environment.
- Qualifications: Experience in banking and strong communication skills are essential.
The predicted salary is between 45000 - 55000 £ per year.
Overview
The Trade Finance analyst is responsible for processing global fronting operations from all Allianz Trade Business Units. Supports the fronting managers with existing relationships with partner banks. Optimizes and harmonizes fronting processes for Surety with the aim of adding value to business.
Responsibilities
- Timely processes Surety fronting requests, including inquiries, quotations, bond wording acceptances, counter-guarantees, SWIFT messages to banks, SBLC/BG issuances and invoicing.
- Monitors and provides constant updates about application status for the requesting BUs.
- Constantly looks for process improvements and aims to deliver 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.
Profile
Soft Skills
- Interpersonal skills.
- Solid customer-oriented and production management skills.
- Ability to build long-term and collaborative relationships with customers and banks.
- High attention to detail and 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 banking sector.
- Knowledge of exchanging SWIFT MT700 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.
Group Surety - Trade Finance Specialist - Fronting (Fixed Term Contract) in London employer: Allianz Trade in UK & Ireland
Contact Detail:
Allianz Trade in UK & Ireland Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Surety - Trade Finance Specialist - Fronting (Fixed Term Contract) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and insurance sectors. A friendly chat can lead to insider info about job openings or even a referral, which can give you a leg up in the application process.
✨Tip Number 2
Prepare for interviews by researching Allianz and their fronting processes. Show them you know your stuff! Tailor your answers to highlight how your skills align with their needs, especially in customer service and relationship management.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. Focus on articulating your experience with SWIFT messages and your understanding of fronting workflows.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining Allianz and contributing to their mission of caring for tomorrow.
We think you need these skills to ace Group Surety - Trade Finance Specialist - Fronting (Fixed Term Contract) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Trade Finance Specialist role. Highlight your experience with banking, fronting processes, and any relevant skills that match the job description. We want to see how you can add value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our needs. Don’t forget to mention your customer-oriented approach and attention to detail – we love that!
Show Off Your Communication Skills: Since effective communication is key in this role, make sure your written application reflects your excellent English writing skills. Keep it clear, concise, and professional – we’re looking for someone who can negotiate and hold meetings with stakeholders.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Let’s get started on this journey together!
How to prepare for a job interview at Allianz Trade in UK & Ireland
✨Know Your Fronting Processes
Make sure you brush up on your knowledge of fronting processes and workflows. Be ready to discuss how you've handled similar tasks in the past, especially any experience with SWIFT messages or bond wording acceptances. This will show that you understand the role and can hit the ground running.
✨Showcase Your Interpersonal Skills
Since this role involves building relationships with banks and customers, be prepared to demonstrate your interpersonal skills. Think of examples where you've successfully negotiated or managed difficult meetings. Highlighting these experiences will help you stand out as a candidate who can foster collaboration.
✨Emphasise Attention to Detail
Attention to detail is crucial in this position. During the interview, mention specific instances where your meticulous nature has led to successful outcomes. Whether it’s ensuring accurate data entry or monitoring application statuses, showing that you value precision will resonate well with the interviewers.
✨Be Ready for Process Improvement Discussions
The company values process optimisation, so come prepared with ideas on how you could improve existing fronting operations. Think about any previous experiences where you identified inefficiencies and implemented changes. This proactive mindset will demonstrate your commitment to adding value to the business.