At a Glance
- Tasks: Help businesses recover and grow by developing practical solutions and strategies.
- Company: Join Cynergy Bank, the UK's human digital bank with a collaborative culture.
- Benefits: Gain valuable experience in banking and support ambitious businesses.
- Other info: Work in a fast-paced environment with opportunities for professional growth.
- Why this job: Make a real impact by helping businesses navigate challenges and achieve sustainable outcomes.
- Qualifications: Extensive banking experience and strong financial analysis skills required.
The predicted salary is between 50000 - 60000 £ per year.
Help businesses navigate challenge, recovery and growth. At Cynergy Bank, we're looking for an experienced Business Support & Recoveries professional to join our team on a 3-month fixed-term contract. This is an opportunity to work with customers facing financial or operational challenges, helping them develop practical solutions, restructure facilities, and achieve sustainable outcomes wherever possible.
What's the Opportunity? You'll manage a portfolio of commercial customers requiring restructuring support, assessing business viability and developing strategies that protect the Bank while supporting customers through challenging circumstances. Working closely with stakeholders across the Bank, advisers, lawyers and other funders, you'll be trusted to make sound commercial decisions and deliver positive outcomes. This role is about far more than recoveries. It's about finding solutions, supporting businesses, and balancing risk with customer-focused decision making.
What You'll Be Doing:
- Managing a portfolio of customers experiencing financial or trading challenges.
- Developing and implementing restructuring and turnaround strategies.
- Assessing business viability and recommending appropriate customer solutions.
- Preparing and presenting high-quality credit submissions.
- Working closely with customers, advisers, lawyers and internal stakeholders.
- Managing complex lending arrangements and restructuring debt facilities.
- Supporting customers in line with TCF and Vulnerability principles.
- Identifying and mitigating credit risk while protecting the Bank's position.
- Presenting recommendations to senior stakeholders and credit committees.
- Supporting ad-hoc projects and continuous improvement initiatives.
What You'll Bring:
- Extensive banking experience, including restructuring, recoveries, portfolio management or credit risk.
- Experience supporting customers experiencing financial difficulty and restructuring debt facilities.
- Strong knowledge of commercial banking, real estate lending and credit risk.
- Experience presenting complex cases to credit committees.
- Strong financial analysis and credit assessment skills.
- Excellent stakeholder management, negotiation and influencing abilities.
- Strong commercial judgement and a solutions-focused mindset.
- The ability to remain calm and effective in a fast-paced environment.
Why Cynergy Bank? We're the UK's human digital bank, committed to supporting ambitious businesses through every stage of their journey. You'll join a collaborative and highly experienced team where your expertise, judgement and customer focus can make a genuine difference. Apply now and help businesses find a path forward when it matters most.
Business Support & Recoveries Manager (3-Month FTC) in London employer: Cynergy Bank
Cynergy Bank is an excellent employer that values its employees by offering a competitive salary and a comprehensive benefits package, including 25 days of annual leave and a generous pension contribution. The work culture promotes collaboration and innovation, providing ample opportunities for professional growth and development in a dynamic London environment, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Business Support & Recoveries Manager (3-Month FTC) in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Cynergy Bank.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Cynergy Bank might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Business Support & Recoveries Manager (3-Month FTC) in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Cynergy Bank will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Cynergy Bank. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Cynergy Bank confidence in your short-term commitment to the role.
How to prepare for a job interview at Cynergy Bank
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Cynergy Bank.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Cynergy Bank that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
