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- Tasks: Lead the ABL Audit team and manage client audits for risk management.
- Company: Join a top Challenger Bank known for innovative Asset Based Lending solutions.
- Benefits: Enjoy a competitive salary, car allowance, bonus, and major bank perks.
- Why this job: Be part of a dynamic team that values independence and professional growth.
- Qualifications: 5+ years in Invoice Discounting/ABL, leadership skills, and self-motivated.
- Other info: Flexible working options available; perfect for remote management enthusiasts.
The predicted salary is between 43200 - 72000 £ per year.
A market leading Challenger Bank and leading provider of Asset Based Lending solutions in the UK seeks a Head of Audit to join their dedicated team.
Key responsibilities:
- Responsible for management of the ABL Audit team to deliver strong risk management over underlying collateral.
- Allocation of the in life client audits to the internal team and approved outsourcers to ensure completion to required matrix conditions.
- Liaising with Corporate Lending teams in respect of completing new business survey reviews.
- Ensure appropriate levels of reporting and monitoring is in place in respect of managing the ABL audit requirements and productivity.
- Management of the External suppliers of Audit/Survey services utilising where internal capacity requires outsourcing.
- Team/people Management of the ABL Audit team.
Key Requirements:
- A proven track record of at least 5-years’ experience in an Invoice Discounting and ABL lending environment.
- A comprehensive understanding of receivables finance and asset based products.
- A recognised Accounting Qualification such as ACA / ACCA would be an advantage but is not essential.
- Demonstrate an ability to remote manage as the team are home based.
- Experience of leadership and be able to demonstrate an ability support, coach, and upskill your team to deliver.
- Demonstrate independence and that you are self-motivated with an ability to be well organised, efficient and self-disciplined; you cope well with the demands of the job and manage your time effectively.
The Successful candidate will be rewarded with a market leading salary + car allowance + bonus + other major bank benefits.
Head of Audit – Asset Based Lending – UK Flexible employer: Business Money Promotions Ltd
Contact Detail:
Business Money Promotions Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Audit – Asset Based Lending – UK Flexible
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in Asset Based Lending. This will not only help you understand the industry better but also demonstrate your commitment and knowledge during any discussions with us.
✨Tip Number 2
Network with professionals in the ABL sector. Attend relevant industry events or webinars to connect with potential colleagues and gain insights that could be beneficial for your role as Head of Audit.
✨Tip Number 3
Showcase your leadership skills by discussing past experiences where you've successfully managed teams, especially in remote settings. Highlighting your ability to coach and upskill others will resonate well with us.
✨Tip Number 4
Prepare to discuss how you would approach risk management in the context of ABL audits. Having a clear strategy and examples ready will set you apart and show us that you're proactive and well-prepared.
We think you need these skills to ace Head of Audit – Asset Based Lending – UK Flexible
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Invoice Discounting and Asset Based Lending. Use specific examples that demonstrate your understanding of receivables finance and asset-based products.
Craft a Compelling Cover Letter: In your cover letter, emphasise your leadership skills and ability to manage remote teams. Mention how you can support and upskill your team, as this is crucial for the role.
Highlight Relevant Qualifications: If you have an accounting qualification like ACA or ACCA, be sure to mention it. Even if it's not essential, it can set you apart from other candidates.
Showcase Your Organisational Skills: Demonstrate your self-motivation and time management abilities in your application. Provide examples of how you've effectively managed multiple tasks or projects in previous roles.
How to prepare for a job interview at Business Money Promotions Ltd
✨Showcase Your Leadership Skills
As a Head of Audit, demonstrating your leadership experience is crucial. Be prepared to discuss specific examples of how you've successfully managed teams, coached individuals, and improved team performance in previous roles.
✨Understand the ABL Landscape
Make sure you have a solid grasp of the Asset Based Lending environment, particularly invoice discounting. Familiarise yourself with current trends and challenges in the industry, as this knowledge will help you stand out during the interview.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and decision-making skills. Think about past experiences where you had to manage audits or liaise with corporate lending teams, and be ready to explain your thought process.
✨Demonstrate Remote Management Capabilities
Since the team is home-based, it's important to highlight your ability to manage remotely. Share strategies you've used to maintain productivity and communication within a remote team, showcasing your organisational skills and self-discipline.
