Job Description Summary

Looking to make a global impact and solve problems?

In your role, you will be responsible for analysis of the Export Documentary Letter of Credit execution process metrics across Gas Power Services Business globally with special focus on the banking structure of the instruments. Measuring the efficiency based on the key performance indicators, identifying any potential gaps and support the implementation of process improvement initiatives that ensure faster cash collection from the LC’s.

Job Description

What you'll do

• Be an expert on letter of credit structure and language, with particular emphasis on operational terms related to the execution of the order/contract.
• Provide counseling to regional ITR teams; review LC drafts and involve appropriate functions as required from GE Vernova Treasury – Trade Finance and Risk, or the Commercial Operations; set up a rigorous operating rhythm with stakeholders; maintain metrics to measure volume and effectiveness of process.
• Work together with the Global Letter of Credit Leader on the continuous improvement of the cross functional training material, including updates of case studies according to most recent developments on the markets, process improvements or additional control implementation.
• Coordinate the document preparation activities among the key stakeholders for the export LCs -Regions, Doc Prep Service Provider (TTI), Logistics and project teams.
• Actively support automation, digitization and simplification projects around Trade Finance/Documentary Letters of Credit processes with internal and external stakeholders.

What you'll bring

• Bachelor's Degree and significant experience in collections, cash, financial services, fulfillment.
• Knowledge of related finance and accounting terms.
• Attention to details and strong analytical skills with a bias towards data and good judgment.
• Strong sense of ownership thrives on the ability to deliver daily output
• Excellent communication skills, in writing, phone and in team discussions.
• Communicating successes and issues; resilient leader that actively and proactively addresses issues by engaging the collective knowledge of the business to ensure optimal service delivery.

What will make you stand out

• LEAN, Six Sigma certified
• Understanding of the supply chain and operational processes of the business.
• Previous commercial, trade finance/receivables collections experience.

Additional Notes:

• Successful applicant will be legally eligible to enter into an employment relationship under the laws of Hungary
• This is a hybrid role with three days remote and two days in the office.

Additional Information