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- Tasks: Ensure accuracy and compliance of contracts before payout in a fast-paced environment.
- Company: Join a leading financial services organisation with a focus on innovation.
- Benefits: Competitive pay, flexible working arrangements, and opportunities for professional growth.
- Why this job: Play a key role in delivering seamless experiences for brokers and customers.
- Qualifications: Experience in contract review and strong attention to detail required.
- Other info: Dynamic team environment with potential for contract extension.
The predicted salary is between 36000 - 60000 £ per year.
Map Room is currently assisting a leading financial services organisation to identify an experienced Payout Specialist to join its Asset Finance Operations team on a contract basis. In this role, you will be responsible for ensuring the accuracy, compliance, and enforceability of contracts across all documentation before payout. This is a critical position that contributes to delivering a seamless experience for brokers and customers.
Key Responsibilities:
- Review Asset Finance documentation before payout, ensuring that all credit conditions are fully met.
- Assess contracts for enforceability, accuracy, and alignment with approved deal terms.
- Conduct thorough quality checks on broker submissions, identifying any gaps or inconsistencies.
- Validate data across contracts, financial schedules, and internal systems.
- Confirm the accuracy of financial figures, payment schedules, and rental profiles.
- Communicate with brokers, primarily via email, to resolve documentation queries and gather any missing information.
- Maintain clear audit trails and ensure full compliance with internal and regulatory standards.
- Manage workload effectively in a high-volume, time-sensitive environment.
- Identify recurring issues or risks to support ongoing process improvement.
Payout Specialist employer: Map Room
Contact Detail:
Map Room Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payout Specialist
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the lookout for a Payout Specialist role. You never know who might have the inside scoop on an opportunity that’s not even advertised yet.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of asset finance documentation. Make sure you can confidently discuss compliance, enforceability, and quality checks. We want you to shine when they ask about your experience!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview or networking event, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! We’ve got loads of resources to help you land that Payout Specialist gig. Plus, it’s a great way to ensure your application gets seen by the right people. Let’s get you that job!
We think you need these skills to ace Payout Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Payout Specialist role. Highlight your experience in reviewing financial documentation and ensuring compliance, as these are key aspects of the job. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Asset Finance Operations team. Share specific examples of how you've successfully managed similar responsibilities in the past.
Showcase Attention to Detail: Since this role involves a lot of accuracy checks, make sure to demonstrate your attention to detail in your application. Whether it's through your CV format or the way you present your experiences, we want to see that you can spot inconsistencies!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Map Room
✨Know Your Stuff
Make sure you understand the ins and outs of asset finance and the specific responsibilities of a Payout Specialist. Brush up on contract compliance, enforceability, and the importance of accuracy in documentation. This knowledge will help you answer questions confidently and show that you're the right fit for the role.
✨Prepare for Scenario Questions
Expect to be asked about how you would handle specific situations, like resolving discrepancies in broker submissions or managing tight deadlines. Think of examples from your past experience where you've successfully navigated similar challenges. This will demonstrate your problem-solving skills and ability to thrive in a high-volume environment.
✨Showcase Your Communication Skills
Since you'll be communicating with brokers primarily via email, it's crucial to highlight your written communication skills. Prepare to discuss how you ensure clarity and professionalism in your correspondence. You might even want to bring examples of past communications (while respecting confidentiality) to illustrate your approach.
✨Emphasise Attention to Detail
In this role, accuracy is key. Be ready to talk about how you maintain attention to detail in your work, especially when reviewing contracts and financial figures. You could mention any tools or methods you use to double-check your work, as this will show that you take compliance and quality seriously.
