Treasury Analyst

Job Overview:

We have an exciting opportunity for a Treasury Analyst to join our Weatherford team. In this role you will be primarily responsible for the issuance and administration of letters of credit / bank guarantees from corporate credit facility and bilateral credit facilities globally. In addition, you will participate in cash management activities, as needed, develop presentations and participate in inter-departmental projects.

Duties & Responsibilities:

• Administer Letter of Credit operations (issuance and amendment of Letters of Credit or other instruments) and understand appropriate fees / commissions for portfolio of LCs issued under different credit facilities
• Maintain credit facility documents (including Letters of Credit, Bank Guarantees etc) and their records, reporting and compliance requirements.
• Recommend language for LCs to mitigate risks and meet credit agreement constraints, underlying contract arrangements and legal considerations.
• Monitor LC portfolio and coordinate activities related to timely cancellation of outstanding Letters of Credit.
• Prepare and analyze monthly and quarterly consolidated Letters of Credit reports and summaries.
• Reconcile and arrange payment and allocation/intercompany billing of banking invoices for LC fees and commissions.
• Perform variance analysis and develop performance reports for Letters of Credit.
• Assist with special projects related to cash management or corporate finance, as required.
• Understand and comply with all safety rules and company policies of Weatherford.