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For Companies At a Glance
- Tasks: You'll check documents, update systems, calculate commissions, and liaise with introducers.
- Company: Join a well-established bank known for its diverse lending products.
- Benefits: Enjoy remote work options, a competitive salary, bonuses, and additional perks.
- Why this job: This role offers growth opportunities in a supportive culture with a focus on detail.
- Qualifications: Attention to detail and the ability to work independently are essential.
- Other info: Work remotely or in the Reading office a couple of days a week.
The predicted salary is between 24000 - 36000 £ per year.
Job Description
Payouts Administrator
Southampton
£26,000 to £32,500 plus fantastic bonus and benefits
Our client is the subsidiary of a niche banking group and specialises in the provision of Invoice Finance and Asset Finance.
Due to growth they are looking for a Payouts Administrator. Working in a fast-paced, highly motivated team, you will provide support across processing areas of the Customer journey. From documentation through to pay-out ensuring that policies and procedures are followed in line with an agreed quality assurance and accreditation framework, in a timely manner to ensure service levels are achieved across the customer journey. Through effective collaboration and communication with colleagues.
As a member of the new business administration team. You will support the delivery of our service excellence commitments by providing but not limited to, the following:
- Ensure all objectives and KPI’s are achieved or succeeded
- Being a positive influencer within the team, delivering good behavioural and professional standards in line with the bank’s values and behavioural framework
- Managing the administrative life cycle of proposals from receipt of enquiry through to completion and pay-out in line with departmental procedures
- Collating all relevant information to assist with the completion of new business proposals in line with policies and procedures;
- Produce financial documentation required for customer signature
- Review new business files and progress agreements to pay-out, ensuring that they have been processed in line with policies and procedures
- Ensure that agreements are uploaded accurately to the Lease Administration System
- Ensure quality work is completed inline with the expected departmental standards
- Ensure a customer first activity is delivered across all multiple customer propositions
- Participate and contribute to learning varied process in line with current procedures
In the first instance please send your CV in confidence
Contact Detail:
CBC Resourcing Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payouts Administrator
✨Tip Number 1
Familiarise yourself with the banking and lending industry. Understanding the key terms and processes related to payouts and commissions will give you an edge during interviews, showing that you're proactive and knowledgeable.
✨Tip Number 2
Brush up on your CRM skills. Since updating the CRM system is a key responsibility, being comfortable with popular CRM software can help you stand out as a candidate who can hit the ground running.
✨Tip Number 3
Practice your communication skills. As you'll be liaising with introducers and resolving queries, demonstrating strong verbal communication abilities in your interactions can showcase your suitability for the role.
✨Tip Number 4
Highlight your attention to detail in conversations. Since this role requires meticulous checking of documentation, sharing examples of how you've successfully managed similar tasks in the past can reinforce your fit for the position.
We think you need these skills to ace Payouts Administrator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the responsibilities of a Payouts Administrator. Emphasise your attention to detail and ability to work independently.
Craft a Strong Cover Letter: Write a cover letter that specifically addresses the job description. Mention your experience with documentation checks, CRM systems, and any relevant financial or administrative roles you've held.
Highlight Relevant Skills: In your application, focus on skills such as communication, problem-solving, and time management. These are crucial for liaising with introducers and managing queries effectively.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects your attention to detail, which is essential for this role.
How to prepare for a job interview at CBC Resourcing Solutions
✨Showcase Your Attention to Detail
As a Payouts Administrator, attention to detail is crucial. Be prepared to discuss specific examples from your past experiences where your meticulous nature helped avoid errors or improved processes.
✨Familiarise Yourself with CRM Systems
Since updating the CRM system is part of the role, make sure you understand how these systems work. If you have experience with any specific CRM software, mention it during the interview to demonstrate your readiness for the job.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills, especially regarding handling queries and issues with documentation. Think of scenarios where you successfully resolved similar challenges in previous roles.
✨Communicate Clearly and Confidently
Liaising with introducers and managing queries requires strong communication skills. Practice articulating your thoughts clearly and confidently, as this will reflect your ability to handle client interactions effectively.
