Guarantees and Bonds Specialist

Fantastic opportunity with a key client in Munich. Please don\’t hesitate to apply!

Responsibilities :

• Negotiate guarantee and bond wordings with clients, banks, insurers, and guarantors to ensure clarity, compliance, and alignment with company policies;
• Review and refine guarantee and bond terms to mitigate risks, ensure legal accuracy, and suggest improvements;
• Collaborate with project managers, procurement, and legal teams to understand contract requirements and ensure bond obligations are met;
• Liaise with banks, insurance companies, and other guarantors for the negotiation and issuance of guarantees and bonds, and facilities;
• Administer all guarantees and bonds issued or received by the company, including performance and bid bonds, advance payment, and other financial guarantees;
• Ensure timely issuance, renewal, and release of guarantees and bonds in coordination with stakeholders;
• Maintain an accurate database of all active guarantees and bonds, including terms, expiration dates, and associated risks;
• Prepare comprehensive reporting packages for financial intermediaries, including necessary documentation to support guarantee and bond transactions;
• Conduct risk assessments related to guarantees and bonds to ensure compliance with company policies and legal regulations;
• Regularly review guarantee and bond terms to mitigate risks and suggest improvements;
• Stay updated on laws, regulations, and industry standards that may impact the company\’s obligations;
• Prepare periodic reports for Senior Management summarizing guarantee and bond activities, associated risks, and upcoming deadlines;
• Analyze trends to propose cost-saving measures or process enhancements;
• Maintain proper documentation of all guarantees and bonds, ensuring they are easily accessible for audits or internal reviews;
• Provide support during internal and external audits related to guarantees and bonds.

Requirements:

• Bachelor\’s degree in Finance, Accounting, Business Administration, or a related field;
• Minimum of 3–5 years of experience in finance, risk management, contract management, or a similar role;
• Strong analytical and problem-solving skills;
• Excellent communication and negotiation abilities in English and German;
• Proficiency in financial systems and tools;
• Attention to detail with strong organizational skills;
• Knowledge of legal and regulatory frameworks related to guarantees and bonds is a strong plus.