Book and Fund Coordinator

3 weeks ago


Fleet, United Kingdom OSB Group Full time

About the team:
At InterBay Asset Finance, we began with a simple vision: to be a lender that unlocks businesses’ potential. Everything we do is geared towards making our products and services work for every broker and customer. We strive to provide outstanding customer service to everyone we interact with, and we value the strong, enduring relationships we build.

The Payout team supports Interbay Asset Finance by ensuring that new deals are accurately & efficiently prepared for payout in line with the credit approval and all regulatory and compliance requirements. Part of the wider Operations Function, we are a small team of 4 people working in a busy fast paced environment with can-do attitudes and who work closely together to provide the best service that we can to our Brokers, Customers and the wider business.

About Us:
OSB Group is a leading specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market. Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.

What you will be doing:
In this role, you will have the opportunity to ensure deals are accurately & efficiently prepared for payout in line with the credit approval and all regulatory and compliance requirements.

In this small and inclusive team, you will have autonomy over your caseload, with support to develop your knowledge and skills to reach your career goals.

Your responsibilities will include
- Checking all documentation has been fully completed and signed as required.
- Ensuring documentation, invoices and all associated paperwork comply with credit approval.
- Completing Funding Checklist with 100% accuracy and sign to confirm, following InterBay Asset Finance procedures.
- Activating new deals in InterBay Asset Finance operating system.
- Be responsible for maintaining accurate records in relation to both equipment suppliers and broker commissions.
- Liaising as appropriate with other Functions within OSB, especially Finance, to ensure equipment supplier payments and broker commissions are paid within agreed service level agreements and in line with Group policies.
- Keeping brokers or customers/suppliers up-dated with payment progress where required, clearly communicating any outstanding requirements that will enable deals to progress.

In return for your commitment:
We offer a base salary dependent on experience of between £32,000- £35,500 and a competitive benefits package including:

- Discretionary annual bonus opportunity of up to 15%
- 28 days annual leave plus bank holidays
- Contributory pension (8% employer 5% employee)
- Life Assurance (4x salary) plus Group Income Protection
- Access to Private Medical Insurance and Medical Cash Plan
- Maternity & Adoption Leave - Occupational Maternity/Adoption Pay provided at 100% of salary for the first 13 weeks and at 50% of salary for the next 13 week period.
- Paternity Leave - 4 weeks of paid leave to be taken within 8 weeks of childbirth.
- Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme

Could you be the one?:
We are looking for talented individuals who have the experience and knowledge set out below:

- Previous experience of working in a customer service environment is essential.
- Previous experience of paying out deals, or undertaking similar processes is essential.
- Previous experience of working in asset finance market.
- Advanced attention to detail is essential.

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.

What to do next:
Alternatively, if you wish to have an informal and confidential chat please get in touch. Contact details can be found on our careers page.
- OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds._
- As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress._
- Whilst we are an organisation that values face-to-face interaction to build and nourish our culture, we also acknowledge that people are not just productive in


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