Associate Director

2022 - Chief Operating Office; City Of London; Hybrid; GBP 40,000 - 51,000; Full time

Job summary

A leading financial services firm is seeking candidates for permanent roles in Strategic Finance across various locations in the UK. This position involves assisting in generating income for commercial business customers, managing relationships, and preparing financial analyses. Strong analytical and interpersonal skills are essential. The role offers a competitive salary range of £40,800 - £51,000 per annum plus benefits.

Benefits

25 days holiday per year

Private medical insurance

Competitive pension

Performance-related bonus

Training and development

Flexible benefits scheme

Life assurance

Paid volunteering days

Qualifications

• A good knowledge of supporting larger businesses.
• Ability to understand financial statements and due diligence reports.
• Experience with risk and compliance requirements.

Responsibilities

• Assist in generating and optimising income.
• Manage relationships with high-quality customers.
• Prepare credit applications and financial analyses.
• Ensure loan and security documentation is prepared correctly.
• Provide a seamless onboarding experience for customers.
• Monitor compliance with facility agreements and covenants.

Skills

Qualitative and quantitative analytical skills

Excel financial modelling skills

Strong organisational skills

Relationship management skills

Project management skills

Interpersonal skills

Communication skills

Education

Relevant vocational financial services qualification

Tertiary qualification in business discipline

Job description

Business Unit: Strategic Finance London & South and more locations
Salary range: £40,800 - £51,000 per annum DOE+ benefits
Location: Various locations across the UK - London & South area, Midland’s area, Yorkshire & Northeast, area, Northwest area, East Scotland area, or West Scotland area.
Contract type: 6 x Permanent roles.

Our Team

Exciting opportunities exist within Strategic Finance teams right now. Our Strategic Finance team supports commercial, corporate, PLC and private equity backed businesses in our region and across the UK. If you're passionate and ambitious about playing a key role in helping shape and grow our business, then please read on.

What you’ll be doing

• Be a key member of the Strategic Finance team primarily accountable for assisting in generating and optimising income and Return on Equity, focused solely on our Commercial Business customers and prospects.
• Assisting in the relationship management and sourcing of high-quality customers and strengthening the brand visibility in the local and regional marketplace whilst developing and expanding your own network of internal and external contacts.
• Working with Commercial Directors, evaluating and generating opportunities with existing and new customers and assist in the conversion thereof from initial meetings through to completion of new transactions including analysis of new business proposals and undertaking independent research on companies and sub-sectors.
• Preparing detailed credit applications in respect of existing customers and new proposals, including the preparation and analysis of financial models.
• Instructing completing and processing internal and external documentation to ensure loan and security documentation is prepared and in order and due diligence is correctly scoped.
• Providing new to bank customers with a seamless on-boarding experience, working collaboratively with colleagues across the business to support Commercial Directors in managing and monitoring the portfolio, ensuring compliance on all credit, operations, loan administration and other risk and administrative matters as necessary.
• Monitoring ongoing compliance with the facility agreement and covenants, and ensuring that all pre-and post-deal housekeeping and internal compliance requirements are met.
• Liaising effectively with customers, various Agency functions and Credit Department in respect of existing customer reviews and consent requests.

We need you to have

• A passion for – and good knowledge of – supporting larger businesses and delivering outstanding customer service.
• Demonstrable strong qualitative and quantitative analytical skills (including Excel financial modelling skills) with an ability to understand and interpret financial statements and due diligence reports.
• Strong organisational, relationship and project management skills to deliver excellent levels of customer service, high standards of work and outstanding attention to detail.
• A proven track record in dealing with complex situations, adhering to tight deadlines with a flexible approach to challenges and problem solving and work prioritisation.
• Excellent interpersonal skills and written and verbal communication skills.
• Strong experience of engaging with the local professional community.
• A solid understanding of risk and compliance requirements in line with the role.
• A commitment for delivering outstanding customer service and to consistently provide high standards of work with outstanding attention to detail.

It’s a bonus if you have but not essential

• A relevant vocational financial services qualification e.g. Chartered Banker, Chartered Accountant etc.
• A tertiary qualification in a business discipline. Further qualifications are desirable, but not mandatory.
• A knowledge of lending and securities policy and procedures.

Red Hot Rewards

• 25 days holiday per year, increasing over time to 30. Plus, an option to buy more, giving you even more choice.
• Private medical insurance.
• A highly competitive pension to help you build a strong foundation for retirement.
• Access to an annual performance-related bonus.
• Training and development to help you progress your career.
• A great selection of additional benefits through our flexible benefits scheme.
• Life assurance to provide peace of mind for you and your loved ones.
• Up to 2 days of paid volunteering a year.

If we’re lucky to receive a lot of interest, we may close the advert early. Please ensure to submit your applications as soon as possible.

Now the legal bit

Although some of our roles allow you to be based anywhere in the UK, we'll need you to confirm you have the right to work in the UK.

If you're successful in securing a role with us, there are some checks you need to complete before starting. These include credit and criminal record checks and three years' worth of satisfactory references. If the role is part of the Senior Manager Regime and Certification Regime, it requires enhanced pre-employment checks – we'll ask for six years of regulatory references, and once in the role, you'll be subject to periodic employment checks.