Treasury Trade Finance Lead
Wood
Wood is recruiting for a Treasury Trade Finance Lead to join us on a permanent basis. You should have a strong understanding of how the business operates across key regions, including how value is delivered and enhanced for the wider Group. Knowledge of corporate governance principles and alignment with the organisation’s values framework, alongside an awareness of external market factors and their potential impact on strategic direction and overall business success.
This role is open to candidates in the UK with the opportunity to work remotely or hybrid from one of our UK offices.
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The Role
This role is responsible for managing the Group’s trade finance operations, with a primary focus on receivables facilities (both external and internal) and guarantee facilities. As a global organisation, Wood relies on effective trade finance solutions to support international operations, with these facilities playing a key role in enabling efficient trading, enhancing funding flexibility, and maximising the value of the Group’s assets.
The role requires oversight of the complexities associated with these arrangements, working collaboratively across the business to optimise utilisation and ensure they operate effectively and in line with business needs. In addition, the successful candidate will contribute to wider Treasury activities, providing support across the function as required.
Our Clients and Projects
Designing the future. Transforming the world.
Wood delivers solutions across more than 60 countries with local offices covering all major energy and materials hubs globally.
For more than 160 years, we have partnered with clients to deliver engineering, advisory and operational solutions to some of the world’s most complex and critical challenges in energy and materials.
What we can offer
- Meaningful and interesting projects we support green hydrogen and fuel switching, as well as supporting local clients with energy transition
- Flexible working arrangements that balance client, team and individual needs offering hybrid working arrangements
- Commitment to Diversity and Inclusion ; we are an organisation actively committed to diversity and inclusion across our business with employee networks committed to giving all employees a voice
- Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market
- Flexible benefits package ; inclusive of 33 days annual leave (including public holidays), generous contributory pension scheme, private medical cover, 4x base salary life insurance; all of these and more that can be adapted to suit your own lifestyle
- Commitment to continued professional development; development plans that are tailored to your individual needs and interests
- Global connections ; join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
Receivables Finance Facility Management
- Work with a shared services team and various business units to manage the Group’s receivable finance facility
- Ensure reporting both internally and externally is accurate and delivered in a timely manner
- Regular meetings with both businesses and provider to ensure maximum utilisation
- Act as subject matter expert for Group’s receivable facility and engage with various stakeholders
- Act as the point of contact for receivable finance queries internally for Group
- Develop full understanding of the underlying legal agreements and working knowledge of applicable contracts
- Ability to review and confirm charging structure for the facility
- Work with Treasury, Business Unit’s and FSSC to assist with the establishment of any new Receivables Facility being negotiated
Bonding & Surety Operations
- Act as a key contact with facility banks for trade finance and guarantees
- Management of full guarantee issuance lifecycle
- Review and assist with implementation of bank arrangements to issue guarantees / bonds
- Main trade finance, bond and guarantee contact for Europe, Middle East, India and CIS, managing guarantee issuance and subsequent management for this region
- Provide advice on appropriate banks and wording to use
- Coordinate reporting of all Bonds / Guarantees and cash collateral positions for Treasury centrally
- Manage monthly bond forecasting process with businesses
- Ensure business compliance with Treasury policies
- Assist with bond / guarantee system developments and any new system implementation / amendments
- Act as support for recharging of guarantee fees internally
Ad Hoc Projects
- Assist with Treasury related projects where necessary
- Administrative cover for the Head of Trade Finance and Risk Management when out of the office
What makes you remarkable?
At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world’s most critical challenges.
Expected
- Experience in a treasury function in a geographically widespread industrial organisation
- Knowledge of how a business relevant regions deliver and can add value to the Group
- Corporate governance and values framework experience
- Awareness of external factors and their impact on the Group’s strategy and success
- Experience of Trade finance instruments and their use in an international corporate environment
- Management of bank guarantees
- Knowledge and experience of receivable finance facilities / solutions
- Previous experience working in a multinational corporation or business
- Ability to Generate trust and credibility with audiences through continuous, open and consistent communication
- Continually seeking improved processes with a particular focus on improving quality and effectiveness
- Work effectively across different cultures
Personal Attributes
- Independent and proactive professional who also works well as a team-player.
- Effectively communicates and connect with both internal and external business partners.
- Consistently model and lead on the Group’s values.
- Professional manner and ability to manage fast changing priorities.