Group Treasury is responsible for cash management, trade finance, group funding and foreign exchange risk management. The trade finance function is responsible for issuing, amending, monitoring, and closing bank and parent company guarantees (financial guarantees) and letters of credit (No: “Remburser”). The function works closely with the various Business Areas on negotiating the terms/format of these instruments. In addition, the function is responsible for export financing schemes. The position reports to the Group VP Finance and Treasurer in Kongsberg Gruppen ASA.
**As a Trade Finance Manager your main responsibilities are to**:
- Advise subsidiaries on contract and guarantee wording.
- Issue, monitor, amend and close financial guarantees.
- Monitor portfolio of open financial guarantees and take actions as required.
- Advise on payment assurance tools (letters of credit, credit insurance).
- Provide internal training for project managers, marketing, sales, and co...