Overall Role Objectives:
- Relationship management of specific client portfolio (to include monitoring of all controls, collateral management and processing, client payments and analysis/ reconciliation of data.
- Responsibility for assisting Portfolio Manager (PM) and portfolio team with risk analysis.
- Accurate daily Channel Finance data processing of information onto the system and upkeep of automated data points
- Maintenance of collateral audit database and ensure effective client service.
General Responsibilities:
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.
Other Responsibilities
- Liaising with US and Third-party Banks or agents to ensure timely reporting and month end processing
- Processing client charges and facility transfers and GL Postings.
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
