Senior Guarantee Officer Private Banking

Senior Guarantee Officer Private Banking

  • Permanent
  • Zurich, Switzerland
  • English

Job content

Responsibility for all aspects in connection with the processing of guarantee transactions (bank guarantees, Stand By Letter of Credits, payment undertakings, etc.) for domestic and international Private Banking clients. This includes the following main tasks:

Advising relationship managers in connection with guarantee requests of clients

Proposing the type of guarantee and setting up the guarantee draft to fit to the request of the client and the underlying economic transaction

Coordinate with internal stakeholders (mainly the Relationship Manager, the Credit Officer and Compliance) to receive the necessary approvals

Handling of the guarantee transaction itself, including issuance, amendments and eventually the handling of claims received from beneficiaries of guarantees

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Responsibility for all aspects in connection with the processing of credit card requests for domestic and international Private Banking clients. This includes the following main tasks:

Checking credit card applications of clients if these have been completed in accordance with the requirements of credit card companies and in terms of compliance rules within the Bank

Issuance and amendments of bank guarantees in connection with credit card applications

Entering card application data in external online systems of card companies Contact to external credit card companies

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Administration duties, e.g. scanning of documents, updating Excel-data, filing, etc.

Support relationship managers in all matters related to bank guarantees and establish regular and proactive contact, including participation in client meetings and calls

Provide ongoing advisory support to Private Banking front office and relationship managers

Contribution in projects and process improvements

Deputize other Guarantee Officers during their absences

We also offer the position of a team leader:

In addition to your responsibilities as a Guarantee Officer, you lead a team of 6 direct reports (Guarantee Officers), including supporting the Guarantee Officers in their daily work, ensuring education of internal stakeholders, and being responsible with your team for the coverage and development of all aspects related to bank guarantees and credit cards.

Requirements

Commercial education or similar qualification

Good general know-how of guarantee transactions; international banking experience / background; trade finance knowledge is a big plus

Sound awareness of credit risks

Broad banking knowledge and experience

Minimum of 10 years of experience in bank guarantee business

Strong team player with entrepreneurial thinking