Job Description
What success looks like in this role:
1. Guarantees & Surety Management (Primary Focus)
Manage the full lifecycle of guarantees, including issuance, amendments, renewals, reductions, and cancellations of bank guarantees, insurance guarantees, and surety bonds across LATAM countries.Review guarantees wording and contractual obligations, ensuring alignment with company policies and minimizing financial and legal risk exposure.Provide recommendations for alternative guarantee structures (insurance vs bank guarantee vs standby instruments) to optimize cost, credit utilization, and collateral requirements.Coordinate with banks, insurance companies, and brokers to establish and maintain guarantee facilities and credit lines.Support the negotiation of guarantee terms to reduce costs, improve conditions, and avoid or minimize cash collateral requirements.Monitor guara...