At a Glance
- Tasks: Lead a team to support students with funding applications and ensure compliance.
- Company: Join a dynamic higher education institution focused on changing lives through education.
- Benefits: Enjoy 25 days annual leave, flexible benefits, and a performance bonus.
- Other info: Inclusive workplace committed to diversity and personal development.
- Why this job: Make a real difference in students' lives while developing your finance skills.
- Qualifications: Experience in finance operations and strong leadership skills required.
The predicted salary is between 42000 - 46000 £ per year.
Department: Finance - Fees and Income
Location: The post holder can be based at any of our locations in London, Leeds, Birmingham, Manchester (On-Site)
Type of Contract: Permanent / Full Time
Salary: £42,000 - £46,000 per annum (DOE)
Our Vision: Changing Lives through Education
What We Do: The Fees and Income Team in higher education manages tuition fees, invoicing, and student payments, ensuring accurate income collection and supporting the institution’s financial sustainability.
The Role: The Finance Support Manager (Compliance) is responsible for ensuring the Finance Support team is equipped, trained, and competent to support students with all aspects of student funding applications. Providing a high-quality, progressive, equitable, and inclusive student experience is key in this role, and you will assist by supporting staff and students with the process.
You will work closely with the Head of Fees & Income (HoF&I), and lead on advice to colleagues and students on regulatory and compliance-related decisions that impact on students’ eligibility and funding criteria.
What the Role Involves:
- To effectively facilitate the daily operations of the Finance Support Teams across all campuses, ensuring that the team can achieve its objectives in terms of receiving and processing Student Finance applications, participating in enrolment and meeting student service levels and standards.
- To ensure that all regulatory requirements of student funding, admission, eligibility and entitlement criteria are reviewed, updated and shared with relevant staff at GBS and ensure Finance Support staff are working to required regulations and are always trained and proficient in financial advice to current regulations.
- To lead contact for the Student Loans Company (SLC), managing communications, escalations, and compliance.
- To oversee all activity within the SiS Portal (HEP SLC Task Portal), including monitoring tasks, prioritising workload, ensuring timely completion, and maintaining data accuracy and service standards.
- Support during enrolment activities to ensure Finance deliver and participate at every enrolment session and that staff and resources are effectively managed.
- Research and review all legislation changes ensuring GBS remains compliant in all aspects of tuition fee loan administration and SLC regulations.
- Key contact representing Financial Compliance to all student facing departments ensuring charging policies and compliance training is delivered to all areas, providing regular updates are circulating all relevant changes.
- Monitor team performance and undertake regular quality checks on SLAs ensuring targets are met.
- Manage staff in accordance with GBS values, address any gaps in performance.
- Monitor training and staff development ensuring colleagues remain up-to-date with all areas related to student finance and internal processes.
- Work closely with the Finance Support Manager (Operations) to ensure staff are kept up to date with all regulatory requirements and deliver staff training.
- Cover for Finance Support Manager (Operations) when required.
- Recruit and train new staff and monitor performance and standards regularly.
- Deputise for the HoF&I as and when required.
About You:
- Demonstrable experience working in finance operations in HE and Accounts Receivable.
- A high degree of computer literacy (particularly Microsoft Office applications).
- Expert in MS Excel and pivot tables.
- The ability to use statistics and database management.
- Effective time management and planning.
- Ability to work independently and as part of a team.
- Previous leadership/supervisor role and experience.
- Excellent written and verbal communication skills.
- Strong decision making and problem-solving skills.
Desirable Skills and Experience:
- Degree level qualification.
What We Offer:
- 25 days annual leave, plus 8 public holidays.
- 1-day extra leave per year of service, up to a maximum of 5 days.
- Workplace pension scheme.
- Tuition reimbursement for career development courses.
- Flexible Benefits: Cycle to Work, Workplace Nursery, Techscheme and much more.
- Discounts platform, wellbeing centre and much more.
- Reward and recognition programme.
- £500 award employee referral scheme.
- Discretionary annual performance bonus.
GBS is committed to equality, diversity and inclusion and providing a workplace free from discrimination or harassment. We welcome applications from all backgrounds and communities. We take our core values seriously and work hard to create an environment where everyone feels welcomed.
Finance Support Manager - Compliance in London employer: GBS
As a Finance Support Manager at GBS, you will join a dynamic and inclusive team dedicated to changing lives through education. With locations across London, Leeds, Birmingham, and Manchester, we offer a supportive work culture that prioritises employee growth through comprehensive training and development opportunities. Enjoy a competitive salary, generous annual leave, and flexible benefits that enhance your work-life balance while contributing to a meaningful mission in higher education.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Support Manager - Compliance in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like GBS. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Finance Support Manager - Compliance in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to GBS.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on GBS's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at GBS
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with GBS.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at GBS will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former GBS employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.