Ref: W - 13574 | category: Asset Based Lending
Location: UK wide
Posted: 11th November 2024
Job Description
A rare and exciting opportunity has arisen to join one of the UK’s most respected Asset Based Lending brands in a Leadership role within their Risk function. As National Head of Audit & Survey you will be required to oversee the following: Responsible for the functional operation of the UK Field Examination team in accordance with UK policy & best practice. To ensure Risk Assessment of existing facilities in accordance with credit policy is undertaken & maintenance of client bad debt provisions within agreed targets (ideally zero). Contribution to the overall success of the wider division. Oversight & management of the Field Examination team. Protection of security via business review and client audit processes to ensure minimal client losses. Review & ongoing maintenance of Audit & Due Diligence work papers. Review & ongoing maintenance of Procedures relating to Audit and Due Diligence processes. Review & ongoing maintenance of Training programmes. Internal Reporting, monitoring & Relationships: Completion & ongoing maintenance of month end report and improve reporting relevant to business / department KPI’s. Review/QA audits and ensure quality of written and risk issues maintained and issues escalated are resolved according to protocol prior to Audit team sign off. Formally sign off Audit Reports and manage sign off process & submission tracking. Coordinate &/or assist Team &/or Portfolio Manager’s with take-on/prefund requirements; on client visits / High Risk clients when necessary and provide support in justifying any reserve implementation / client issues. Attend monthly UK Risk Committee in person. Team Performance & Development: Manage interview process for candidates & new start process for new starters. Continuing review of audit work papers for improvements and liaising with internal stakeholders for assistance with this. Continual assessment of staff members via regular on-site attendance to assess performance and development with feedback obtained from internal stakeholders. Ensure new starters are trained into the company’s risk culture and understand the requirements of the role prior to undertaking solo reviews. Ongoing review / mentoring of staff via report review, team meetings & regular formal off site meet ups and to integrate team within the overall company culture by encouraging & making visits to all UK offices. Outsource providers: Maintain day-to-day relationships with existing and potential outsource providers & provide appropriate feedback on reviews. Oversee outsource providers are panel approved to the company, have applicable Terms & Conditions and utilising appropriate letters of engagement. The successful candidate will be rewarded with a market leading salary, benefits package and bonus scheme.
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A rare and exciting opportunity has arisen to join one of the UK’s most respected Asset Based Lending brands in a Leadership role within their Risk function. As National Head of Audit & Survey you will be required to oversee the following: Responsible for the functional operation of the UK Field Examination team in accordance with UK policy & best practice. To ensure Risk Assessment of existing facilities in accordance with credit policy is undertaken & maintenance of client bad debt provisions within agreed targets (ideally zero). Contribution to the overall success of the wider division. Oversight & management of the Field Examination team. Protection of security via business review and client audit processes to ensure minimal client losses. Review & ongoing maintenance of Audit & Due Diligence work papers. Review & ongoing maintenance of Procedures relating to Audit and Due Diligence processes. Review & ongoing maintenance of Training programmes. Internal Reporting, monitoring & Relationships: Completion & ongoing maintenance of month end report and improve reporting relevant to business / department KPI’s. Review/QA audits and ensure quality of written and risk issues maintained and issues escalated are resolved according to protocol prior to Audit team sign off. Formally sign off Audit Reports and manage sign off process & submission tracking. Coordinate &/or assist Team &/or Portfolio Manager’s with take-on/prefund requirements; on client visits / High Risk clients when necessary and provide support in justifying any reserve implementation / client issues. Attend monthly UK Risk Committee in person. Team Performance & Development: Manage interview process for candidates & new start process for new starters. Continuing review of audit work papers for improvements and liaising with internal stakeholders for assistance with this. Continual assessment of staff members via regular on-site attendance to assess performance and development with feedback obtained from internal stakeholders. Ensure new starters are trained into the company’s risk culture and understand the requirements of the role prior to undertaking solo reviews. Ongoing review / mentoring of staff via report review, team meetings & regular formal off site meet ups and to integrate team within the overall company culture by encouraging & making visits to all UK offices. Outsource providers: Maintain day-to-day relationships with existing and potential outsource providers & provide appropriate feedback on reviews. Oversee outsource providers are panel approved to the company, have applicable Terms & Conditions and utilising appropriate letters of engagement. The successful candidate will be rewarded with a market leading salary, benefits package and bonus scheme.
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