Banking Liaison
3 months ago
Key Responsibilities:
- Liaise with banks to manage and secure banking facilities, including tender bonds, performance bonds, letters of credit (LC), and overdraft (OD) facilities.
- Negotiate and coordinate with financial institutions to ensure competitive terms and conditions for banking services.
- Manage relationships with banks and financial institutions to facilitate smooth transactions.
- Review and ensure the commercial terms of tenders and contracts align with the company’s interests and requirements.
- Collaborate with the legal and finance teams to review and ensure compliance with tender and contract terms.
- Assist in preparing and evaluating tender documents, financial evaluations, and risk assessments.
- Provide insights and support for financial planning, forecasting, and cash flow management related to bank facilities and projects.
- Track and monitor the validity of bonds, guarantees, and LC expirations, ensuring timely renewal or closure.
- Support the overall commercial strategy of the company by identifying opportunities for cost optimization and efficiency.
**Requirements**:
- Bachelor’s degree in Finance, Business Administration, or a related field.
- Minimum of 5 years of experience in banking liaison, particularly in availing and managing bank facilities such as tender bonds, performance bonds, letters of credit (LC), and overdraft (OD) facilities.
- Strong knowledge of commercial and financial aspects related to tenders and contracts.
- Excellent communication, negotiation, and relationship management skills.
- Strong understanding of local and international banking procedures and regulations.
- Ability to work independently and collaboratively with cross-functional teams.
- Proficiency in financial documentation, contracts, and legal agreements related to bank facilities.
- Prior experience in the construction, engineering, or manufacturing sectors is an advantage.
- Familiarity with the financial and banking regulations in Qatar and the broader GCC region.
Pay: QAR4,000.00 - QAR6,000.00 per month
Application Deadline: 16/10/2024
Expected Start Date: 20/10/2024
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