Deal Processing Officer
10 hours ago
**Do you have experience within the financial services sector? Are you looking for a new challenge? If the answer is YES, the team at White Oak could have the ideal role for you.**
White Oak are currently recruiting for a Full Time Deal Processing Officer to join our Deal Processing team based at our office in Chester.
**What will I be responsible for?**
Joining our team as a Deal Processing Officer, you will be responsible the production of all finance documentation for own book and external funder deals. Other duties include:
- Completion of quality check of all manually raised docs prior to sending
- Liaise with external funders to facilitate the pay-out process
- Completion of Forensics sense checks and file checks of Supporting Information uploaded to File store.
- Reviewing and assessing submitted documentation to meet credit conditions.
- Satisfying information checks in line with WOUK AML policy
- Ensuring that contracts and supporting information are adequately signed in line with legislation
- Raising of Supplier Invoice Requests, checking in of supplier invoices and liaising with suppliers for outstanding invoices
- Processing signed WOUK documentation for pay-out
- Action supplier, broker and referrer approval requests, completing all relevant searches and escalating to relevant teams if required (additional)
- Management of the offsite BOXIT Relationship.
- Management of documents with the focus of maintaining compliance with the document holding periods.
**Who are we looking for?**
As our Deal Processing Officer, you will have proven product knowledge of professions loans, asset finance and leasing products. You will also require the following skills and experience:
- Capable of working independently as well as part of a team
- Excellent communication skills in all forms
- Commitment to achieving the highest standard
- Demonstrate high accuracy levels
- Excellent organisational and time management skills
- Computer literacy
**Desirable Skills**
- Ability to spot improvements to procedures
- Ability to work under pressure
- Self-motivated
**What we can offer you**:
As our Deal Processing Officer, we can offer a salary of between £20,000 - £24,000 per annum, dependant on experience plus a range of benefits including 28 days holiday, private medical insurance, travel insurance, pension contributions, EAP, Cycle to Workand more.
**About the company**:
White Oak is an FCA authorised and regulated European Lending Platform which provides capital to support SMEs and mid-corporates through its full suite of flexible lending products. Headquartered in the UK, White Oak's team of 170 specialists currently servicesa loan portfolio of over £500 million and have originated over £1.5 billion of assets since 2018. As a financing affiliate of White Oak Global Advisors, LLC (WOGA), White Oak is able to access investor capital to support White Oak's lending activities to complementits funding from banks and other financial institutions.
WOGA is an SEC registered global alternative asset manager with over $6.8bn of Assets under Management, focussed on direct lending to non-sponsored small and medium sized entities (SMEs), offering term loans, leases, asset-based loans and other specialtyproducts across its affiliates to companies with enterprise values between $25m and $1bn. White Oak Global Advisors was founded in 2007 and, along with its affiliates, has a global presence with over 470 professionals.
As part of WOGA's strategy in deploying investors' funds to the SME market, it has created and acquired, on behalf of its institutional investors, a number of affiliate companies in recent years that bring specialist product, origination, underwriting andservicing capabilities. These include two factoring companies in the US including White Oak Commercial Finance, the US's 5th largest factor, and one of the largest non-bank SME lenders in the UK, LDF Group, in June 2018, which has since been incorporated intoWhite Oak.
**If this sounds like the ideal role for you, please click APPLY now to register your interest in the role of Deal Processing Officer.
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