Assist and support the Portfolio Managers
* Incorporates all aspects of managing the relationship between all parties and the business
* Act as the day-to-day internal contact for the operation of Channel Finance agreements.
* Ensure all daily client functions are completed, to include cash, payments, reconciliation and collateral updates.
* Maintenance of records, automation spreadsheets and other banking systems / standing data
* Support PMs to ensure compliance with all required reporting.
Manage Channel Finance Client information in accordance with pre-agreed terms and conditions
* Daily checking of data, processing and payments of data received
* EOM reconciliation of figures and data within company systems.
* Setting up of new Resellers on the system.
* Identifying and working towards improvements of all systems and processes.
* Addressing and problem solving any queries that arise.
Assisting the CE team when applicable with the following tasks:
* Chasing and updating monthly (or such other required frequency) collateral (AR, stock, fixed asset valuation) figures.
* Ensuring all monthly AR / stock reconciliations are processed within the month or timely manner and any issues escalated to PMs and Manager Operations
* Reconciling and processing any requests from specialty deals
* Processing of borrowing base certificates in respect of company participations.
* Ensure timely receipt of statutory audited accounts, monthly management information and client forecasts in accordance with the frequency required by Client documentation.
* Collating and preparation of information for audit purposes, liaising with audit function when required
* Implement any audit recommendations following discussion with PMs
* Conduct soundings process for specific Clients, escalating issues when required
Assist in the New Client process
* Responsibility for completion of necessary set-up process for new resellers or other clients within company systems
* Prepare/update new or existing spreadsheets for calculations.
* Liaising directly with sales support and other areas as required
Skills and Competencies Required:
* Knowledge of Channel Finance products would be advantageous.
* Keen approach and ability to learn all IT systems including Lendscape.
* Problem solving and bringing forward new ideas.
* Ability to read financial data and accurately transfer figures to specialist documents.
* Maintaining and adapting specialised spreadsheets and process guides as the business requires
* A good customer focused approach, with the ability to work as part of a busy team
* Good understanding of Asset Based Lending products and associated risk areas
* Ability to plan and prioritise to achieve deadlines as required
Salary description
£35000.00 - £38000.00 per year