Legal Auditor

4 weeks ago


England, United Kingdom Asset Finance International Full time

Auditor – Wholesale and Block Discounting - Southern England
{C£60,000 plus bonus, car and excellent benefits.
James George Recruitment has partnered with the Asset Finance subsidiary of a prestigious Bank in their search for an Auditor who is able to manage the auditing function or Block Discounting customers. This will be done by physical visits and remotely via electronic means, ensuring balances on purchased agreements are sufficient to maintain security cover to an agreed level and to monitor the provision of additional agreements where shortfalls occur.
Key relationships will be with Block Discounting customers, vendors, and other financial institutions.
To report immediately any significant change in position of the company regarding arrears trends or security cover.
To assess and quantify shortfalls in security cover.
To liaise with colleagues in monitoring the receipt of any requested replacement paper.
To implement anti money laundering and KYC procedures laid down by the company.
Report all issues of regulatory concern to the Block Discounting Director/ Bank Legal & Compliance Director.
Communicate and escalate potential issues/risks in a prompt and effective manner.
Experience of asset finance in a wide range of market areas:
Extensive experience and knowledge of auditing practices
Experience of underwriting and general credit policies
Knowledge and understanding of current Consumer Credit Act legislation, Data Protection laws, Anti Money Laundering and KYC
Must have clean or near clean driving license
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