At a Glance
- Tasks: Conduct audits and due diligence on clients to assess financial security.
- Company: Join a leading UK subsidiary of a global banking group focused on Asset Based Lending.
- Benefits: Enjoy a competitive salary up to £85k plus a generous benefits package.
- Why this job: Be part of a dedicated team, making impactful decisions in corporate finance.
- Qualifications: Experience in audit/survey roles and strong financial analysis skills are essential.
- Other info: Significant travel required; a full driving license is essential.
The predicted salary is between 51000 - 85000 £ per year.
A subsidiary of a Global Banking Group and leading provider of Asset Based Lending facilities in the UK seeks a Senior Field Examiner to join their dedicated Transaction Support team.
You will be responsible for conducting new business surveys and performing complex due diligence on new and existing clients to assess their financial security and identify potential areas of risk. All clients have borrowing facilities with the Bank which are Invoice Discounting, Syndicated and/or Asset Based Lending. Facility sizes will generally be in excess of £25 Million.
You will work in close partnership with the Relationship Management team and other areas of Portfolio Risk to minimise bad debt provisions through the detailed understanding of credit stewardship principles and the early identification of risk within the Corporate space.
Audits are conducted at the clients’ premises and will involve the full analysis of complex management accounts. There will therefore be the requirement for significant travel with the role and a full driving license is essential.
Previous experience in a large ticket Audit/Survey role would be advantageous as is knowledge of Business Lending, Corporate Banking and/or Business Finance. Experience of ABL and syndicated facilities is preferred whilst a high level of accounting experience and expert financial analysis skills are essential – therefore ACA/ACCA, CIMA or part qualified accountants are desirable.
The successful candidate will be rewarded with a market leading salary up to £85k + generous benefits package.
Senior Field Examiner – Asset Based Lending employer: Business Money Promotions Ltd
Contact Detail:
Business Money Promotions Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Field Examiner – Asset Based Lending
✨Tip Number 1
Familiarise yourself with the specific types of Asset Based Lending facilities mentioned in the job description, such as Invoice Discounting and Syndicated Lending. Understanding these concepts will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the Corporate Banking and Business Finance sectors. Attend industry events or join relevant online forums to connect with individuals who can provide insights into the role and potentially refer you to opportunities within their organisations.
✨Tip Number 3
Brush up on your financial analysis skills, particularly in relation to complex management accounts. Consider taking a short course or workshop that focuses on financial due diligence to enhance your expertise and make you a more attractive candidate.
✨Tip Number 4
Prepare for potential travel requirements by ensuring you have a valid driving license and are comfortable with the idea of conducting audits at client premises. Highlight any previous experience you have with travel in your discussions to show you're ready for the demands of the role.
We think you need these skills to ace Senior Field Examiner – Asset Based Lending
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Senior Field Examiner in Asset Based Lending. Familiarise yourself with the key skills required, such as financial analysis and risk assessment.
Tailor Your CV: Customise your CV to highlight relevant experience in audit, business lending, and corporate banking. Emphasise any previous roles that involved complex financial analysis or due diligence.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and your passion for the industry. Mention specific experiences that demonstrate your ability to assess financial security and identify risks.
Highlight Relevant Qualifications: If you have qualifications like ACA, ACCA, or CIMA, make sure to mention them prominently. Also, include any relevant training or certifications that relate to asset-based lending or financial analysis.
How to prepare for a job interview at Business Money Promotions Ltd
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of what a Senior Field Examiner does, especially in the context of Asset Based Lending. Familiarise yourself with the key responsibilities, such as conducting business surveys and performing due diligence, so you can speak confidently about how your experience aligns with these tasks.
✨Showcase Your Financial Acumen
Given the emphasis on financial analysis and accounting skills, be prepared to discuss your qualifications and experiences in detail. Highlight any relevant certifications like ACA, ACCA, or CIMA, and provide examples of how you've successfully analysed complex management accounts in previous roles.
✨Demonstrate Risk Assessment Skills
Since identifying potential areas of risk is crucial for this role, come prepared with examples of how you've previously assessed risks in a corporate environment. Discuss specific situations where your insights helped mitigate bad debt provisions or improved credit stewardship.
✨Prepare for Travel and Flexibility Questions
As the role involves significant travel, be ready to discuss your willingness and ability to travel frequently. You might also want to mention any past experiences that required flexibility and adaptability, showcasing your readiness for the demands of the job.