At a Glance
- Tasks: Support ABL teams in winning new business and managing customer relationships.
- Company: Join a dynamic financial institution with a focus on innovation.
- Benefits: Competitive salary, generous holiday, healthcare, and career progression opportunities.
- Other info: Great opportunity for growth with 40% of roles filled internally.
- Why this job: Make an impact in the finance sector while developing valuable skills.
- Qualifications: Knowledge of Invoice Finance or Asset-Based Lending and strong relationship-building skills.
The predicted salary is between 40000 - 50000 £ per year.
Responsibilities
- Support both the ABL Business Development and Relationship Management teams, enabling the ABL/invoice finance business to win new business and support existing customers.
- Attend meetings with ABL Business Development Directors (BDDs) to understand new business and help them progress opportunities through the pipeline.
- Provide back‑office support to the BDDs on opportunities, including tasks such as:
- Reviewing searches for any credit or business risk, including financial crime
- Assisting in the write‑up of AFCs (Credit papers), for new and existing customers
- Completing CRGA (risk weighting tool)
- Completing the CRA (Customer Risk Assessment)
- Reviewing and analysing financial statements
- Managing the take‑on process after successful credit sanction, including completing the Take‑On Checklist (TOCL), coordinating with any outgoing invoice financier, scheduling the transfer, updating the pipeline, and liaising with relevant stakeholders
- Assist ABL Relationship Directors by supporting them with aspects such as:
- Existing customer facility increases
- Reviewing and processing BBC (Borrowing Base Certificate)
- Analyzing financial information
- Covenant monitoring
- Meeting with customers
- Develop and maintain relationships with key internal stakeholders, including credit, business development, relationship management, senior leadership, and business support teams.
Qualifications & Skills
- Existing knowledge of Invoice Finance or Asset‑Based Lending.
- Previous experience in a similar role managing high volumes of work and workloads.
- Excellent relationship‑building skills across a wide range of stakeholders at various levels.
- Exceptional customer service skills with direct customer interaction.
- Strong eye for detail, especially regarding data protection and AML regulation.
- Inquiring mindset with an understanding of balance sheets, P&L, and cashflows.
- Ability to prioritise and manage workloads effectively, handling critical tasks across applications and customers.
- Strong diary management skills.
- Aware of the risks associated with the role and their implications for Metro Bank and all stakeholders.
Benefits
- Competitive salary with discretionary annual bonus.
- A wide range of benefits, including generous holiday allowance, attractive pension scheme, healthcare, life assurance, and colleague discounts.
- Training to ensure success in your role and ample internal career progression opportunities.
- Approximately 40% of our recruitment comes from internal promotions.
Assistant Manager - Asset Based Lending employer: Metro Bank
Metro Bank is an exceptional employer that prioritises employee growth and development, offering comprehensive training and a clear path for internal promotions, with around 40% of recruitment coming from within. Our vibrant work culture fosters collaboration and innovation, while our competitive salary and extensive benefits package, including generous holiday allowance and healthcare, ensure that our team members feel valued and supported in their roles. Located in a dynamic environment, we empower our employees to build meaningful relationships with clients and stakeholders, making every day at Metro Bank rewarding and impactful.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Manager - Asset Based Lending
✨Tip Number 1
Network like a pro! Get out there and connect with people in the Asset Based Lending space. Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised!
✨Tip Number 2
Prepare for those interviews! Research the company and its culture, especially focusing on their approach to customer service and relationship management. Think of examples from your past experiences that showcase your skills in managing workloads and building relationships. We want you to shine!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. Mention something specific from the interview to remind them of your conversation. It’s a simple yet effective way to keep yourself top of mind.
✨Tip Number 4
Don’t forget to apply through our website! We love seeing applications come directly from candidates who are genuinely interested in joining us. Plus, it gives you a chance to showcase your understanding of our values and how you can contribute to our team.
We think you need these skills to ace Assistant Manager - Asset Based Lending
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Assistant Manager - Asset Based Lending. Highlight your experience in invoice finance or asset-based lending, and don’t forget to showcase those relationship-building skills we’re after!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our ABL team. Mention specific experiences that relate to the responsibilities listed in the job description, like managing workloads or analysing financial statements.
Showcase Your Attention to Detail:We love candidates who have a strong eye for detail. In your application, make sure to mention any relevant experience with data protection, AML regulations, or financial analysis. This will show us you understand the importance of these aspects in our work.
Apply Through Our Website:Don’t forget to apply 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 you’re keen on joining the StudySmarter family!
How to prepare for a job interview at Metro Bank
✨Know Your ABL Inside Out
Make sure you brush up on your knowledge of Asset Based Lending and Invoice Finance. Understand the key concepts, risks, and processes involved. This will not only help you answer questions confidently but also show your genuine interest in the role.
✨Showcase Your Relationship Skills
Since this role involves building relationships with various stakeholders, be prepared to discuss your past experiences in relationship management. Think of specific examples where you successfully navigated complex interactions or resolved conflicts.
✨Be Detail-Oriented
Given the emphasis on data protection and AML regulations, highlight your attention to detail. Prepare to discuss how you've managed sensitive information in previous roles and any systems you’ve used to ensure compliance.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and ability to manage workloads. Think about how you would handle a high-pressure situation, such as managing multiple customer requests while ensuring accuracy in financial assessments.
