Join ABB and work in a team that is dedicated to creating a future where innovative digital technologies allow greater access to cleaner energy.

One of the reasons for ABB’s success is our rigorous and forward-thinking Finance function. With more than 3,600 people in over 100 countries, the integrated Finance organization delivers the insights we need to make successful, long-term business decisions.

ABB Power Grids offers power and automation products, systems and service solutions across the generation, transmission and distribution value chain - enabling a stronger, smarter and greener power grid.

Your responsibilities

• Act as a center of competence for the trade finance instruments portfolio management for the cluster countries.
• Provide expert advice on trade finance instruments structure during the negotiation of and after the export sales contract is concluded.
• Provide relevant advice and risk mitigation activities in case of non-standard instruments being requested.
• Knowledge of local legal environments, implications for the issuance of trade finance instruments, know-how of specific local instruments such as sureties, burgs hafts, etc.
• Drive standardization of PG trade finance instruments wordings (standard templates, bank templates, global library, promotion of usage of international standards such as URDG, UCP, ISP98).
• Speaking partner to Head Global CoE Trade Finance, PG CFM’s for Trade Finance Link (system) and Trade Finance portfolio.
• Follow relevant PG rules and guidelines.
• Collaborate with the relevant, existing Trade Finance Delivery Center (TFDC) hub and across regional hubs (in case of language or legal issues).
• Release bank guarantee requests as part of the 4-eye principle.
• Maintain bank guarantee portfolio (new issuance, amendment, extend or pay, claims, closing, free formats).
• Receive the incoming bolero messages, check the quality and content agrees with request and import accordingly.
• Follow manual procedure in case of non-Bolero contracts.
• Assign advised export LCs to the relevant recipients as per maintained “allocation guidelines” or based on any other source of information (like beneficiary, goods description, etc.).
• Living ABB’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.

Your background

• University degree in Finance, Banking, Treasury Management or other relevant.
• 7-10 years of experience in Trade Finance (administration, advisory, consultancy in the area of guarantees and letters of credit).
• Sound knowledge and usage experience of URDG, UCP and other relevant industry standards.
• Certification in trade finance instruments (such as CSDG, CITF, CTFP) would be considered an advantage.
• Excellent communication skills and Pro-active business attitude
• Fluent in verbal and written English.