Group Bonds & Guarantees Manager

About the Role As an integral part of the Treasury & Financing team, the Group Bonds & Guarantee (B&G) team is responsible for the high-level governance and strategic management of bonding facilities and off-balance-sheet commitments, including negotiating bonding facilities with financial institutions, managing off-balance-sheet commitments, legal review and drafting of contractual clauses, and training internal stakeholders on bonds, guarantees and Parent Company Guarantees. The role also involves structuring, issuance and management of Financial and Commercial Parent Company Guarantees (PCGs, €70bn) and representing Treasury B&G expertise in trade and project business. What You'll Do

• Act as a business partner to Regional functions to guide tenders from pre-qualification through contract closure and release of all financial securities.
• Analyze tender documentation considering client requirements, project financing (own equity, ECA financing, PPP) and contractual schemes (Alstom alone, external consortium, JV with/without effective control).
• Advise on proposed guarantee texts and contractual clauses based on financial local regulations and applicable country law to structure bankable, cost-efficient and risk-mitigated bonding solutions.
• Structure optimal guarantee and surety issuance schemes, including selection of banks and insurers with sufficient capacity and backup options.
• Ensure contractual compliance with client restrictions (issuer rating, localisation, issuer type).
• Obtain flexible bonding conditions by securing capacity with multiple financial partners, enabling multiple alternative bonding solutions.
• Enable competitive bond costs by reviewing project constraints, challenging banks/insurers on fees, and designing structures aligned with market constraints (tenor limits), providing negotiation arguments and contractual wording for client acceptance, especially for long-duration turnkey and O&M contracts.
• Mitigate risks by reviewing guarantee wording and T&Cs to limit drawings, selecting robust partners, and proposing use of Alstom Parent Company Guarantees where relevant, coordinating with Finance Law for board approval.
• Ensure compliance with Alstom Golden Rules and financial instructions for Guarantees and PCGs.
• Approve or reject total exposure and issuance schemes before Tender Control reviews; ensure Alstom does not assume risk for external partners and assess partner banking risk.
• Provide ongoing support and organize trainings on bonds & guarantees, and use of Group Bonds & Guarantees management tools.
• Establish and maintain regular meetings with Regional and Local Treasurers to identify bonding needs and provide guidance on guarantee-related matters. What We're Looking For
• Knowledge of bonding facilities, off-balance-sheet commitments, Parent Company Guarantees (PCGs), and related legal/regulatory frameworks.
• Experience negotiating with banks and insurers and structuring bankable bonding solutions that balance cost, risk, and feasibility.
• Ability to assess risks, advise on contractual T&Cs across diverse jurisdictions, and ensure regulatory compliance.
• Legal experience: drafting and reviewing contractual clauses and guarantee wording.
• Ability to coordinate with multiple stakeholders, including Finance Law for board approvals.
• Experience training and informing internal stakeholders and building strong working relationships with regional treasurers.