nls new logo£45,000 - £50,000 plus excellent benefits and bonus.

J2649 - Our client is seeking an Asset Fiance Auditor to audit their Block Discounting, Sale of Receivables and Sub hire customers in order to ensure that their security position is maintained. Location: UK, S Eng. Salary: £45,000 - £50,000 plus excellent benefits and bonus.

 

Job Reference: CCV/J2649
Job Title: J2649 - Asset Finance Auditor - UK, S Eng - Asset Finance
Salary: £45,000 - £50,000 plus excellent benefits and bonus
Location: UK, S Eng
Bonuses: Discretionary
Benefits: Excellent
Job Function:  Credit Risk & Collections
Vacancy Type:  Permanent
Asset Type / Sector: All Assets / Sector
Job Description :

J2649 - Our client is seeking an Asset Fiance Auditor to audit their Block Discounting, Sale of Receivables and Sub hire customers in order to ensure that their security position is maintained. Location: UK, S Eng. Salary: £45,000 - £50,000 plus excellent benefits and bonus.

KEY ACCOUNTABILITIES:

Ensure that the cleint's security position is maintained by evaluating the performance of the underlying portfolio and providing commentary on the level of adequacy of client systems, operations and controls that establish the veracity of documentation supporting the provision of Block Discount finance.
Ensure the customer is adhering to the terms of the Sale of Receivables agreement with them and collecting rentals from their customers, which in turn is paid to the client.
Ensure that our sub hire customer is complying with the terms of the licence to sub-let but also to provide general commentary on the business e.g. the apparent competence (or otherwise) of the administration staff, condition of the vehicles, whether they are busy, etc.
Conduct on site client visits alongside a regular programme of rolling client audits on both an announced and unannounced basis where appropriate and feasible.
Ensure facilities are operated within lending policy guidelines and satisfy relevant compliance policy aspects including Anti Money Laundering and Conduct risk.
Provide regular risk reports via line management confirming the risk profile of facilities and make suitable recommendations for control improvements or enhancements.
Key to the role is the early warning nature of the function with the role holder specifically tasked with flagging adverse risk developments timeously to the risk function and business line.
Undertake ad hoc audit related duties where directed by the CRO or Head of Credit.

PERSON SPECIFICATION:

Proven significant audit / risk experience with an emphasis on Block Discounting facilities and related funding structures.
Have a working knowledge of finance and accounting products and systems used by Block Discounting clients.
Diverse knowledge of the financial, business, economic and asset funding markets.
Strong analytical skills with previous involvement in risk reporting and ideally in policy development.
Evidence of related sector qualifications and/or ongoing self-development.
Problem solving, proven analytical ability, excellent communication skills, good insight and ability to summarise succinctly, very strong planning and organising skills, strong influencing skills.
Evidence of balanced judgement alongside proven ability to initiate change where required.

We strongly favour applicants with proven relevant experience in Financial Services; particularly in Asset Finance and Leasing.

Consultant : Jane Theobald