Sydney Ancillary Areas Contract or Temporary An interim Guarantees Officer is required for an initial 3-month contract. Quick start needed. The Guarantee Officer will play a vital role in managing Guarantees/SBLCs issuances, and making sure Guarantees/SBLCs are issued in accordance with Group policies, UCP Rules, Checklists and SOPs. Experience within Corporate Banking Guarantees is required to be considered for this role. Responsibilities: • Undertake responsibility for reviewing, drafting, and execution of Demand Guarantees, Ensure potential risks relating to guarantee wordings are either accepted by Legal/Business, or mitigated by revision, making sure all ambiguities and contradictions are addressed. • Review Standby Letter of Credit applications and amendments to determine workability, accurately interpret and execute instructions while complying with bank’s policy. • Minimise Operational incident by performing stringent control checks on non-standard or unusual issuance requests. Ensure guarantees are issued in accordance with Group policies, UCP Rules, Checklists and SOPs. • Ensure guarantee commissions are booked accurately and collected within agreed time lines. • Acknowledge and respond to enquiries from external clients and internal stakeholders promptly while demonstrating higher standards of client service. Experience Required: • Demonstrated knowledge of Uniform Rules for Demand Guarantees (URDG758) & ISP98, and how a guarantee should be structured. • Knowledge and understanding of the Australian and global banking regulatory and compliance environments • Experience of controls to manage Operational Risks Desired Experience: • Knowledge of general banking products and basic accounting • AML / CTF controls