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| Job Title |
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Compliance & Permanent Control Analyst, £25k, Slough |
| Salary/rate |
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£25000/annum |
| Location |
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Slough, Berkshire |
| Job Number |
|
101334516 |
| Posted |
|
07/02/2012 (10:49) |
| Agency/Employer |
|
Ultimate Banking |
Description
|
|
Compliance & Permanent Control Analyst, £25k, Slough
Our client is a major player in the motor finance industry and offers personal financial services and accessory services to meet all the various needs of its extensive customer base via UK dealerships.
This challenging and interesting role will be assisting the Head of Compliance, Risk and Permanent Control in their duties to manage the risks presented through non-compliance with either the rules of the business or regulations of the market. Providing reports and feedback to the Head of Compliance, Risk & Permanent Control as requested, in particular ensuring that Head Office and Regulatory reports are prepared in a timely manner.
The successful candidate will require high attention to detail and be super organised and efficient in managing a variety of tasks to deadlines and with precision. An accounting background to part qualified stage, would be preferred as this role requires manipulation of data and statistics and advanced use of a variety of spreadsheets.
You will be trained to carry out audits of appointed representatives an on occasion attend site audits at dealerships – so will be prepared to travel to sites within a 100 mile radius. Maintain a list of authorities, and specimen signatures, maintain the company policy and procedures catalogue, and issue reminders to line managers as and when policies or procedures are due for review, keep up to date the overall matrix of authorities for the organisation and its sister Companies and keep a record of hospitality authorisation requests
The role also involves investigation of escalated customer complaints and review of samples of complaints letters. In addition you will assist with provision of reports to Head Office, review systems access and financial authorities, maintain a register of external contracts and carry out sample audits, record purchasing committee approvals and renewals, marketing literature and version control within the central IT system. Responsibilities also include accounting review assessments.
For Compliance purposes you will review relevant legislation and make reports, maintain compliance induction training modules and training plans such as FSA compliance, Money Laundering and Data Protection. Assist with dealer set ups by checking FSA registration, monitor statistics and prepare documentation for new products and presentations quarterly for committees.
Immediate interviews can be arranged for the right candidates.
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| Job Type |
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Permanent |
| Contract Length |
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N/A |
| Start Date |
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| Contact Details |
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| Job Title |
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Accountant - up to £35k - Barrow in Furness |
| Salary/rate |
|
£25000 - £35000/annum |
| Location |
|
Barrow in Furness, Cumbria |
| Job Number |
|
101333903 |
| Posted |
|
06/02/2012 (14:22) |
| Agency/Employer |
|
Ultimate Banking |
| Description
|
|
Accountant
Barrow-In-Furness, Cumbria
Salary: up to £35k + benefits
Our client, a customer-focussed Financial Services organisation, is looking to recruit an Accountant. The overall objective of this role is to support the Financial Controller in the provision of analytical and accounting support to the Finance Director. This will include the preparation of Finance related Board Papers, monthly Management Accounts, monthly forecasts and the timely completion and submission of FSA regulatory returns.
Key Duties & Responsibilities
• Prepare monthly financial & management accounts and associated operational information – including variance reporting.
• Prepare Society Forecast of Income/Expenditure and Balance Sheet on a monthly basis.
• Prepare FSA Returns on a monthly/quarterly basis.
• Prepare Society Treasury MI Packs.
• Prepare quarterly VAT Return to HMRC.
• Prepare quarterly Income Tax Return.
• Prepare quarterly Corporation Tax Instalment Payments.
• Prepare Journals and carry out other tasks as and when required as designated by your Line Manager.
• Identify, report and manage risks within the business to minimise loss.
• Annual budget preparation and quarterly revisions thereof
• Working within a TCF Culture
Skills & Experience Required
• At least 3 years’ experience in a similar Accounting role
• Previous experience within an FSA-regulated organisation
• An Accounting qualification or appropriate part-qualification
• Previous Financial Reporting experience
• Previous experience preparing quarterly TAX / VAT returns
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| Job Type |
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Permanent |
| Contract Length |
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N/A |
| Start Date |
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| Contact Details |
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| Job Title |
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Trainee International Mortgage Broker |
| Salary/rate |
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£18000 - £40000/annum £18-21k basic, OTE £30-40k |
| Location |
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Central London, London |
| Job Number |
|
101332866 |
| Posted |
|
26/01/2012 (11:37) |
| Agency/Employer |
|
Ultimate Banking |
| Description
|
|
Trainee International Mortgage Broker, London
Salary: £18-21k basic, OTE £30-40k
Our client is a leading International Mortgage broking company that works with High Net Worth individuals to help finance their personal property purchases within Europe. They are currently recruiting a Trainee International Mortgage Consultant who speaks fluent French to join them and develop their career.
Ideally University educated with Sales/Relationship Management experience and fluent in French, you will support a senior consultant who will ensure you develop your skills and knowledge to build a long term career. A realistic earnings potential after 2+ years is £60k+.
You will contribute to achieving the Company’s aim to be the market leader in broking international mortgages through:
• Bringing on board new clients in line with new business targets
• Liaise with clients and lenders to ensure the smooth progress of on-going mortgage applications
• Sale of mortgage related services to contribute towards team and company sales targets
• Provide vital admin support to your Consultant to ensure maximum efficiency as well as the rest of the mortgage team
• Delivering an outstanding level of customer service to ensure optimum client satisfaction & referrals
Minimum Experience/Requirements for the role:
• Fluent in written & spoken English & French
• Experience within a sales environment
• Advanced knowledge of MS Packages, especially Word, Excel and Outlook
• Comfort in working within a strong, rewarding sales and new business environment
• Education to degree level or equivalent preferable, GCSE or equivalent in Maths and English Language essential
If you are seeking a career within an energetic and vibrant environment where you can make a real difference in an expanding international organisation then please apply straight away.
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| Job Type |
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Permanent |
| Contract Length |
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N/A |
| Start Date |
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| Contact Details |
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| Job Title |
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Treasury Manager |
| Salary/rate |
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£45000/annum £45k + extensive benefits |
| Location |
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Slough, Berkshire |
| Job Number |
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101332437 |
| Posted |
|
23/01/2012 (17:54) |
| Agency/Employer |
|
Ultimate Banking |
| Description
|
|
Working within a global Motor Financing organisation, this role will be responsible for the management of banking relationship, group cash and liquidity management, cash forecasting and planning. The role requires the candidate to have prior experience in a treasury back office with experience in maintaining and managing databases for securitisation programmes. The position is responsible for the performance and development of a team of 2.
PRINCIPAL ACCOUNTABILITIES
• Primary treasury responsibility is to ensure liquidity to the business on a daily basis to maintain its business volumes and financial commitments to its partners, suppliers, etc.
• Liaising with operations and marketing team to understand and plan for business’s cash flow requirements (including weekly cash flow forecasts to the central treasury team) on an ongoing basis, in particular relating to business peaks and strategise on optimal funding without compromising on liquidity position.
• Ensure compliance with financial covenants set by all applicable funding agreements.
• In-charge (together with the CAO & Group Treasurer) for any existing and future securitisation programme of retail / dealer financing receivables and help the group policies on diversification of funding sources.
• Ensure (in conjunction with the CAO & Treasurer) adherence to group norms on maturity and interest rate mismatches.
• Ensuring a strong internal control mechanism (coherent with the group internal risk policies) on the authorisation levels and limits for all banking related activities.
• Streamlining the banking operations of the different business lines (Retail, DF and Renting) and the brands (FGA, CHY, JLR).
• Ensure that all bank reconciliations are up to date and controls are in place.
• Responsible for bank reconciliations, loan amounts and interest payments and accruals, IRS transactions, securitisation accounting, etc, and to liaise with and act as a point of reference for the internal and external auditors on these areas.
• Interact with the Financial Controller during the forecasting and budgeting process and ensure funding assumptions are in line with central guidelines.
KNOWLEDGE, EXPERIENCE, QUALIFICATIONS
• Graduate qualified to CIMA/ACA/ACCA level
• At least 5 years’ experience in a Finance/Accountancy role
• At least 2-3 years’ experience within the Treasury department (back office) of a ‘blue chip’ organisation
• Management experience desirable
• Advanced Microsoft Office skills to include Excel and Access
• Strong communication / presentation skills to support a natural tendency for synthesis and ability to adjust to different audiences.
• Inquisitive mind to stimulate the natural disposition for quantitative analysis
• Strong logic and determination support the practical approach to multidimensional problem solving
• Shares openly ideas and opinions and is not afraid to lead change in the environment as well as adjusting to it
• Good team player and understands his responsibility towards his direct reports to motivate and develop them.
• Comfortable working under pressure.
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| Job Type |
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Permanent |
| Contract Length |
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N/A |
| Start Date |
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asap |
| Contact Details |
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| Job Title |
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Customer Sales Advisor - Scarborough, Yorkshire |
| Location |
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Scarborough, North Yorkshire |
| Job Number |
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101259037 |
| Posted |
|
23/01/2012 (16:41) |
| Agency/Employer |
|
Ultimate Banking |
| Description
|
|
One of the UK's leading Building Societies is looking for a Customer Sales Advisor for their High Street Branch in Scarborough North Yorkshire to provide a first class service to all customers of the Society & to achieve all sales targets set.
The successful candidate will work Mon-Fri 9-5 + 40 Sats 9-3 with time off in lieu when working Saturdays.
Responsibilities:
?Generate and follow through sales opportunities (personal callers and by telephone) so that personal and team sales targets are met.
?Welcome, help and assist customers in order to build customer loyalty and maximise sales opportunities.
?Assisting the Branch Manager in building and maintaining excellent customer relationships.
?Support and, as appropriate train team colleagues so that good team spirit is maintained and branch sales targets are met.
?Suggest and follow through ideas to improve the systems, public image and appearance of the branch.
?Assist Branch Manager in ensuring that the branch operates in line with standards.
?Keep up to date with the latest products and market developments so that accurate and useful information is given to the customers.
?Look for the opportunities to take on responsibilities and undertake training over and above the standard required.
?Perform all cash and banking transactions quickly and accurately and in accordance with the Society?s Security Policy to build customer loyalty and maximise sales.
Skills, Qualifications and Experience:
?English and Maths to GCSE level (Grades A-C) or equivalent.
?Experience of dealing with customers in a sales, target-driven retail/service environment.
?The ability to communicate effectively at all levels and the desire to work in a sales driven target orientated company.
?A team worker who sees themselves as an innovate problem solver/solution provider.
?Someone who is able to absorb new information quickly and accurately and enjoys working within an ever changing environment.
?Successful candidates will be accurate, numerate and computer literate and have a flexible attitude to working outside normal hours should the need arise.
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| Job Type |
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Permanent |
| Contract Length |
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N/A |
| Start Date |
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ASAP |
| Contact Details |
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| Job Title |
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Customer Sales Advisor - Building Society Sheffield |
| Salary/rate |
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£12000 - £16000/annum £14250 + uncapped bonus |
| Location |
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Sheffield, South Yorkshire |
| Job Number |
|
101285471 |
| Posted |
|
23/01/2012 (16:29) |
| Agency/Employer |
|
Ultimate Banking |
| Description
|
|
One of the UK's leading Building Societies is looking for a Customer Sales Advisor for their High Street Branch to provide a first class service to all customers of the Society & to achieve all sales targets set. You will be building long term relationships with customers and identifying sale opportunities to recommend suitable financial products to FSA guidelines.
The successful candidate will work 9am-5pm Monday to Friday and will also be required to work 24 Saturdays a year 9.30am-12.30pm with time off during the week in lieu.
Responsibilities:
•Generate and follow through sales opportunities (personal callers and by telephone) so that personal and team sales targets are met.
•Welcome, help and assist customers in order to build customer loyalty and maximise sales opportunities.
•Assisting the Branch Manager in building and maintaining excellent customer relationships.
•Support and, as appropriate train team colleagues so that good team spirit is maintained and branch sales targets are met.
•Suggest and follow through ideas to improve the systems, public image and appearance of the branch.
•Assist Branch Manager in ensuring that the branch operates in line with standards.
•Keep up to date with the latest products and market developments so that accurate and useful information is given to the customers.
•Look for the opportunities to take on responsibilities and undertake training over and above the standard required.
•Perform all cash and banking transactions quickly and accurately and in accordance with the Society’s Security Policy to build customer loyalty and maximise sales.
Skills, Qualifications and Experience:
•English and Maths to GCSE level (Grade C minimum) or equivalent.
•Experience of dealing with customers in a sales, target-driven environment.
•The ability to communicate effectively at all levels and the desire to work in a sales driven target orientated company.
•A team worker who sees themselves as an innovate problem solver/solution provider.
•Someone who is able to absorb new information quickly and accurately and enjoys working within an ever changing environment.
•Successful candidates will be accurate, numerate and computer literate and have a flexible attitude to working outside normal hours should the need arise.
Please note this role has specific sales objectives so your CV must show previous experience of successfully working to sales targets to be considered.
The Pre screening will involve a credit check which means you should have no outstanding credit issues or late payments (AGREEMENTS AND IVAs are accepted as long as the payments are being met regularly)
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| Job Type |
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Permanent |
| Contract Length |
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N/A |
| Start Date |
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ASAP |
| Contact Details |
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| Job Title |
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Collections Advisor - Slough |
| Salary/rate |
|
£19000 - £25000/annum Package £25k - 19-21k plus bonus |
| Location |
|
Slough, Berkshire |
| Job Number |
|
101295938 |
| Posted |
|
20/01/2012 (11:06) |
| Agency/Employer |
|
Ultimate Banking |
| Description
|
|
Collections Advisor, Slough
£19-21k + 10% bonus + benefits (Package worth £25k+)
Our client, the financial services arm of a major automotive brand, is recruiting an experienced Collections Advisor.
General Duties:
• Assist the Collections Management in the development of the Collections strategies and design of the supporting business processes that will underpin the Contract Management System and any other external systems.
• Ensure acceptable levels of delinquencies and minimizes debt write-off by granting payment extensions or plans.
• Meet Collections performance, service quality and productivity targets as agreed with your Team Leader.
• Participate in testing and implementation of any predicative risk models (e.g. propensity to pay models).
• Proactively manage your work queues, ensuring time bound items are actioned in accordance with agreed service standards.
• Help to identify and implement (tactical and operational) continuous improvement opportunities to improve productivity in delinquent collection processing.
• Demonstrate continuous effort to improve operations, decrease turnaround times, streamline work processes and work cooperatively.
• Ensure you adhere to regulatory processes and policies.
• Minimise potential complaints by providing “appropriate levels” of customer care at all times, taking ownership of queries and disputes by following correct actions and ensuring a positive collections outcomes.
Abilities and Skills Profile:
• Analytical and objective thinker
• Capable of developing coherent and actionable plans in order to implement key Collections goals and objectives
• Understands the Collections and Repossessions practices and procedures
• Confident in making commercial decisions
• Able to communicate clearly and accurately in the written and spoken medium
• Excellent negotiation/objection handling, problem solving and organizational skills
• Excels at “managing” difficult third parties that are in possession of vehicles
Competency/Behavioural Profile:
• Adopts a positive can-do attitude
• Welcomes, participates in and adapts to change
• Assertive
• Able to interact with the Collections Team Leader and Team Members, accept feedback and change behaviour based on feedback
• Proactive (management of work queues, aged debt, performance targets)
• Demonstrates sense of urgency in terms of meeting service and productivity targets
Background Requirements and Professional Qualifications:
• Degree or equivalent
• Current experience in a Collections role
• Experience in the automotive or consumer finance industry
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| Job Type |
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Permanent |
| Contract Length |
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N/A |
| Start Date |
|
asap |
| Contact Details |
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| Job Title |
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Credit Manager - Asset Finance |
| Salary/rate |
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£35000 - £42000/annum Up to £42k + benefits |
| Location |
|
Slough, Berkshire |
| Job Number |
|
101330776 |
| Posted |
|
20/01/2012 (11:06) |
| Agency/Employer |
|
Ultimate Banking |
| Description
|
|
We have a great opportunity as a Credit Manager, working for the finance arm of a global Motor Manufacturer. Reporting directly to the Commercial Credit Manager, the Credit Manager is responsible for the credit management and performance of the credit function and working closely with the Wholesale/Contract Hire credit team.
PRINCIPAL ACCOUNTABILITIES
• Monitoring the Dealer Lending portfolio.
• Underwriting contract hire credit applications within mandates agreed.
• Preparation of credit reviews (contract hire and wholesale) for submission.
• Working with Regional Credit Managers to ensure timely compliance with Corporate objectives and Credit Manual
• Active participation in the Monthly Network Risk meeting including the taking and distribution of the relevant minutes.
• Liaison with UK Dealer Development department on general operational issues and in particular in relation to new dealer appointments.
• Recommendation changes to Credit Policies to ensure that they meet current requirements.
• Management of Part and Service Only Dealers
• Responsibility for Contract Hire underwriting and portfolio performance
• Perfection of Dealer security, including liaison with solicitors
• Protection of company assets and realisation of security in the event of a Dealer failure. Act as main contact point when Administrators appointed.
• To adhere to the FSA Regulations and requirements by not entering into any general insurance related activities.
KNOWLEDGE, EXPERIENCE, QUALIFICATIONS
Qualifications:
• Ideally educated to degree level with a minimum of three years Credit Management experience within a financial institution, preferably Motor or Asset Finance.
• PC literate, specifically in SAP, Excel, Word, Access and Powerpoint.
Personal Qualities:
• Excellent oral and written communication skills are essential together with proven analytical and decision making skills.
• Highly self-motivated, energetic and innovative.
• Ability to communicate and negotiate change.
• Willingness to work towards achieving goals in a changing and challenging environment
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| Job Type |
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Permanent |
| Contract Length |
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N/A |
| Start Date |
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| Contact Details |
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| Job Title |
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Customer Sales Advisor - Northallerton |
| Salary/rate |
|
£12000 - £16000/annum £14250 + bonus |
| Location |
|
Northallerton, North Yorkshire |
| Job Number |
|
101298756 |
| Posted |
|
20/01/2012 (11:06) |
| Agency/Employer |
|
Ultimate Banking |
| Description
|
|
One of the UK's leading Building Societies is looking for a Customer Sales Advisor for their High Street Branch to provide a first class service to all customers of the Society & to achieve all sales targets set. You will be building long term relationships with customers and identifying sale opportunities to recommend suitable financial products to FSA guidelines.
The successful candidate will work 9am-5pm Monday to Friday and will also be required to work 24 or 40 Saturdays a year 9.30am-12.30pm with time off during the week in lieu.
The salary rises automatically after one year.
Responsibilities:
•Generate and follow through sales opportunities (personal callers and by telephone) so that personal and team sales targets are met.
•Welcome, help and assist customers in order to build customer loyalty and maximise sales opportunities.
•Assisting the Branch Manager in building and maintaining excellent customer relationships.
•Support and, as appropriate train team colleagues so that good team spirit is maintained and branch sales targets are met.
•Suggest and follow through ideas to improve the systems, public image and appearance of the branch.
•Assist Branch Manager in ensuring that the branch operates in line with standards.
•Keep up to date with the latest products and market developments so that accurate and useful information is given to the customers.
•Look for the opportunities to take on responsibilities and undertake training over and above the standard required.
•Perform all cash and banking transactions quickly and accurately and in accordance with the Society’s Security Policy to build customer loyalty and maximise sales.
Skills, Qualifications and Experience:
•English and Maths to GCSE level (Grade C minimum) or equivalent.
•Experience of dealing with customers in a sales, target-driven environment.
•The ability to communicate effectively at all levels and the desire to work in a sales driven target orientated company.
•A team worker who sees themselves as an innovate problem solver/solution provider.
•Someone who is able to absorb new information quickly and accurately and enjoys working within an ever changing environment.
•Successful candidates will be accurate, numerate and computer literate and have a flexible attitude to working outside normal hours should the need arise.
Please note this role has specific sales objectives so your CV must show previous experience of successfully working to sales targets to be considered.
The Pre screening will involve a credit check which means you should have no outstanding credit issues or late payments (AGREEMENTS AND IVAs are accepted as long as the payments are being met regularly)
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| Job Type |
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Permanent |
| Contract Length |
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N/A |
| Start Date |
|
ASAP |
| Contact Details |
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| Job Title |
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Internal Controls Analyst |
| Salary/rate |
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£25000 - £35000/annum |
| Location |
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Saffron Walden, Essex |
| Job Number |
|
101327746 |
| Posted |
|
20/01/2012 (11:06) |
| Agency/Employer |
|
Ultimate Banking |
| Description
|
|
Internal Controls Analyst, £28k Saffron Walden
Our client, a respected and robust regional building society are expanding their Internal Control & Risk team and are looking for an Internal Control Analyst. You will be conducting internal control reviews to ensure that the business is operating to it's own procedures, ensuring compliance with FSA rules is achieved and that any risks are mitigated and reporting your findings.
Working in a small team of 3, one of which is the Head of Function, another the Conduct Risk Manager and the third a Financial Crime Prevention officer.
Attending meetings with department managers to review the work processes in their areas and identify risks to the organisation and suggest new controls. Involved in production of reports of your findings which will be presented to the manager, and sometimes The Executive. You should be able to handle challenge in that environment and justify your findings. Although working independently in preparing for and conducting the reviews you will also be discussing the plan and findings with the Head of Function.
You will assist the Head of Internal Control & Risk (HoIC&R) in establishing and maintaining an effective risk management framework across the Group and Promote and help foster a risk aware culture across the Group. You will also be responsible for ensuring that adequate risk assessment processes are in place to facilitate the effective identification and management of risk across the Group. Through advice and challenge, provide risk related input to the design and development of operational management and processes required for new business, products and systems. Provide guidance and assistance to staff and management on Risk and compliance related matters.
The role also requires you to consolidate risk related management information for submission to the Board, its Committees and Executive Committees and Contribute to the development of appropriate risk assessment checklists and process mapping.
SKILLS, COMPETENCIES & QUALIFICATIONS:
· Deep knowledge (Subject Matter Expertise) of Financial Services Regulations
· Qualifications - Desirable are Institute of Risk Management Certificate.
· Proven ability to generate recommendations which improve business processes and acceptable by operational management.
· A good understanding of the political, legislative, regulatory, compliance and consumer environments affecting the financial services industry.
· Ability to assess, design and implement new approaches to most effectively meet business needs if required.
· Knowledge of Word, Excel and PowerPoint, Access database preferred.
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| Job Type |
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Permanent |
| Contract Length |
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N/A |
| Start Date |
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| Contact Details |
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| Job Title |
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Branch Customer Sales Advisor - Ripon Part Time |
| Salary/rate |
|
£12000 - £17000/annum £14,250 Pro Rata + uncapped bonus |
| Location |
|
Ripon, North Yorkshire |
| Job Number |
|
101312175 |
| Posted |
|
20/01/2012 (11:06) |
| Agency/Employer |
|
Ultimate Banking |
| Description
|
|
One of the UK's leading Building Societies is looking for a Customer Sales Advisor for their High Street Branch to provide a first class service to all customers of the Society & to achieve all sales targets set. You will be building long term relationships with customers and identifying sale opportunities to recommend suitable financial products to FSA guidelines.
The successful candidate will work Mon - Fri 10.30am-2.30pm+ 24 Sats 9.30am- 12.30pm with time off during the week in lieu when working on Saturday.
Responsibilities:
•Generate and follow through sales opportunities (personal callers and by telephone) so that personal and team sales targets are met.
•Welcome, help and assist customers in order to build customer loyalty and maximise sales opportunities.
•Assisting the Branch Manager in building and maintaining excellent customer relationships.
•Support and, as appropriate train team colleagues so that good team spirit is maintained and branch sales targets are met.
•Suggest and follow through ideas to improve the systems, public image and appearance of the branch.
•Assist Branch Manager in ensuring that the branch operates in line with standards.
•Keep up to date with the latest products and market developments so that accurate and useful information is given to the customers.
•Look for the opportunities to take on responsibilities and undertake training over and above the standard required.
•Perform all cash and banking transactions quickly and accurately and in accordance with the Society’s Security Policy to build customer loyalty and maximise sales.
Skills, Qualifications and Experience:
•English and Maths to GCSE level (Grade C minimum) or equivalent.
•Experience of dealing with customers in a sales, target-driven environment.
•The ability to communicate effectively at all levels and the desire to work in a sales driven target orientated company.
•A team worker who sees themselves as an innovate problem solver/solution provider.
•Someone who is able to absorb new information quickly and accurately and enjoys working within an ever changing environment.
•Successful candidates will be accurate, numerate and computer literate and have a flexible attitude to working outside normal hours should the need arise.
Please note this role has specific sales objectives so your CV must show previous experience of successfully working to sales targets to be considered.
The Pre screening will involve a credit check which means you should have no outstanding credit issues or late payments (AGREEMENTS AND IVAs are accepted as long as the payments are being met regularly)
Please ensure all targeted sales experience is clear on your CV or send this with your application.
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| Job Type |
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Part Time |
| Contract Length |
|
N/A |
| Start Date |
|
ASAP |
| Contact Details |
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| Job Title |
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Underwriter - Fixed Term Contract - Maternity Cover |
| Salary/rate |
|
£20000 - £25000/annum £22000 + benefits worth £5k |
| Location |
|
Slough, Berkshire |
| Job Number |
|
101324170 |
| Posted |
|
17/01/2012 (11:33) |
| Agency/Employer |
|
Ultimate Banking |
| Description
|
|
Underwriter
Slough, £22k + benefits
Position Profile
Our client, the financial services arm of a major automotive brand, is recruiting an experienced Underwriter to join a new team. The overall purpose of the role is to help the Underwriting Manager to design and test the structures and processes of the new team and then to undertake the ‘Business as Usual’ role of Underwriter.
Purpose:
The major purpose of the Underwriter is to assess the financial risk associated with extending customer credit and financing.
The Underwriter will assess this risk by manually underwriting dealer proposals in accordance with credit/underwriting policy rules and in accordance with service level adherence targets. The Underwriter is responsible for ensuring that the quality of their underwriting decisions is in accordance with the companies tolerances and credit policy rule sets. As part of the manual underwriting process, the Underwriter will undertake the appropriate analysis of retail customer’s financial statements in order to assist in reaching timely and accurate conclusions on the Referral (e.g., “Accept” or “Decline” decision) This information, coupled with an analysis of the customer’s repayment capacity, will enable the Underwriter to reach the appropriate lending decision.
General Duties:
- Underwrites proposals in accordance with credit policy rules, retail portfolio quality and service level adherence targets
- Ensure Underwriting work queues are reviewed in accordance with agreed work queue status review targets
- Self manages own work queue
- Answers inbound dealer and Account Manager enquiry calls in accordance with average speed of answer targets
- Answers inbound Payout and Activation enquiry calls as required
- Ensures Team Leader is aware of potential issues associated with proposal backlog
- Alerts Team Leader to those Dealers and or Account Managers that are reluctant to review proposal status using the Genus system
- Undertake testing and tuning of the retail and commercial scorecards
- Participate in tuning of any predictive risk modelling (in conjunction with the Team Leader and or Collections personnel)
- Review SLA adherence and performance reports (in conjunction with Team Leader)
Background Requirements and Professional Qualifications:
- Minimum of university diploma or equivalent; major in finance, accounting or statistics is a major plus
- 3 years experience in an underwriting or credit analyst position in financial services
- Experience in the automotive or consumer finance industry is a plus
- Practical experience with scorecard design and testing
Abilities and Skills Profile:
- Capable of undertaking quantitative and qualitative analysis; the ability to review metrics/financial ratios and supporting information and be able to understand what they mean for each proposal
- Sees non-apparent relationships between data and information
- Understand financial statements (balance sheets, income statements, cash flow)
- Able to interpret CRA and HPI reports, extracting non apparent information when making lending decisions
- Thoroughly understand underwriting and credit practices and procedures
- Adhere to the Underwriting team schedule and attendance guidelines
- Confident in making credit decisions and takes ownership of individual proposals
- Ability to operate, upon training, a credit decisioning and workflow management system and associated office equipment…copy machines, fax, telephone, keyboard
- Ability to talk and type at the same time
- Detail oriented
- Good documentation, writing and speaking skills; the ability to effectively disseminate decisions to a variety of individuals (orally or in print)
- Able to explain rationale for technical underwriting decisions to appropriate personnel
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Contract |
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1 Year |
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