Siemens Careers

Trade Finance Advisor

Bayswater VIC, Australia
Internal Services

English (UK)

Job Description

Siemens is a global engineering powerhouse rich in diverse culture expanding over 190 countries.  The company prides itself on 140 years of innovation, sustainability and technology, brought to businesses around the world.  

We currently have an exciting opportunity for a motivated Trade Finance Advisor to join our Finance team based in Bayswater, Melbourne. This role focuses on providing support for Bank Guarantees and Letters of Credit and meeting guarantee requests.

Key responsibilities include:
  • Timely processing of bank/corporate guarantee applications from divisions in Australia and New Zealand.
  • Consulting and advising on guarantee wordings to avoid / minimize risk in line with guidelines.
  • Regular contact with banks regarding handling of Bank Guarantees and information maintenance
  • Monthly reconciliation of  Bank guarantee charges
  • Supporting Divisions actively reclaiming overdue guarantees
  • Performing quarterly guarantee forecast updates thereby ensuring facility capacity planning.
  • Letter of Credit application handling, managing the process, monitoring compliance to guidelines.
  • Provide back up to colleagues overseas in setting up bank accounts / supporting local signatories

The successful candidate will possess:
  • Minimum 2 years experience in a Guarantee Department in a commercial bank or an Industrial company
  • Experience with supporting Guarantee and Letter of Credit business within a team of professionals
  • Excellent Microsoft office skills 
  • A degree with a focus on banking and finance/development program within a commercial Bank would serve as additional recommendation
Siemens is a proud equal opportunity employer, creating a work environment of diversity and inclusion. Our diverse workforce cultivates Innovation and Excellence and in turn creates a workplace where our employees belong and prosper. Diversity and inclusion helps us fully realise the potential of our people. As part of Siemens Ownership culture, Siemens also genuinely supports reasonable flexible working practices that empower our employees to best meet work and personal commitments.

Job ID: 85447

Organisation: Financial Services

Experience Level: Mid-level Professional

Job Type: Full-time

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