Direct Lending Operations
4 weeks ago
**Details**:
**Reference number**:
- 340709**Salary**:
- £34,000- A Civil Service Pension with an average employer contribution of 27%**Job grade**:
- Executive Officer**Contract type**:
- Permanent**Business area**:
- UKEF - Operations Division**Type of role**:
- Other**Working pattern**:
- Flexible working, Full-time**Number of jobs available**:
- 1Contents
Location
About the job
**Benefits**:
Things you need to know
Location
- Westminster, LondonAbout the job
**Job summary**:
The Operations division reports directly to the Chief Operating Officer. The Division is formed of existing experienced staff and a number of new staff who have come on board in the last 2-3 years.
- ** Premium and Data Control team (PDC)**
Partnered with key stakeholders within, and teams outside of, Operations to ensure all UKEF business transactions are accurately recorded and maintained on UKEF’s corporate System, Advanced Commercial Banking system (ACBS).
- ** DL Operations team (DL Ops)**
Ultimate responsibility for the Direct Lending portfolio, on a post-signature basis, including correct booking of new facilities, accurate processing of drawdown requests, and covenant monitoring.
**Job description**:
Direct Lending Operations (DL Ops) branch, part of Operations Division, operates UKEF’s Direct Lending (DL) portfolio, from a loan administration aspect.
Manage updates to DL data in the DL system and ACBS (loan booking system) at all stages of the lifecycle of a Facility, to ensure that corporate data is up to date and accurately represents the current loan balance and the best estimate of the future profile.
**Person specification**:
- Assisting with the processing of DL drawings to prepare for payment to exporters/borrowers, which includes reviewing the documentation provided, checking content limits are adhered to, updating various EUD’s for limit monitoring purposes, seeking the correct authorisations for the payment and then processing the drawing in ACBS.
- Ensuring that the DL system is updated with new and existing DL facilities, changes in respect of case stage, estimated drawing profiles, actual drawings and repayments.
- Ensuring our loan booking system (ACBS) is updated with any new facilities as well processing payments of interest and principal in ACBS and accepting receipts in the Receipt Management Database (RMD) prior to updating ACBS.
- Daily monitoring and action of the DL SharePoint diary, in relation to tasks such as CP deadline dates, availability period end dates, interest and principal repayment dates, covenants falling due or requiring chasing and any other miscellaneous tasks that require monitoring and follow up.
- Checking Agent bank calculations for upcoming interest payments against our records and system held data for correctness and feedback any discrepancies/issues to the Agent bank.
- Ensuring that Agent banks comply with the terms of the facility documentation, in relation to all operational matters, including timetables for drawings etc. and escalate any issues to either the HEO or the DL Ops Senior Manager and where instructed, liaise with the Agent bank as appropriate.
- Assisting with the completion of semi-annual and annual tasks, such as the completion of the Estimates processes and audit reporting etc.
- Assisting with ad hoc data requests received from Finance, Risk Management Group and Business Group etc.
- Assisting and provide input into various projects or initiatives relating to the DL function, including regular reviews of the DL portfolio and communication with other business areas on non-standard situations.
- Help drive change within the team by identifying areas of improvement and assist the team with the implementation of any identified improvements to processes or tasks.
- Aid the team in maintaining accurate and up to date procedure guides and process maps.
This list is not exhaustive, and you may be required to carry out additional duties, according to business need.
**Qualifications**:
- 5 GCSE passes (including Maths and English) at Grade 4 (C) or above; or equivalent or relevant demonstrable experience
**Behaviours**:
We'll assess you against these behaviours during the selection process:
- Seeing the Big Picture
- Managing a Quality Service
- Delivering at Pace
- Working Together
- Delivering at Pace
- Working Together
**Technical skills**:
We'll assess you against these technical skills during the selection process:
- A formal panel interview where you will be interviewed across all four behaviours highlighted and your technical ability to successfully carry out the role.
**Benefits**:
- Alongside your salary of £34,000, UK Export Finance contributes £9,180 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.- Learning and development tailored to your role
- An environment with flexible working options
- A culture encouraging inclusion and diversit
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