At a Glance
- Tasks: Manage client accounts, analyse financial data, and prepare loan applications.
- Company: Join a global banking group focused on tailored lending solutions for asset managers.
- Benefits: Enjoy flexible work options with 2-3 days in the office and remote work opportunities.
- Other info: Gain exposure to credit analysis and structured transactions in a dynamic environment.
- Why this job: Be part of a diverse team driving innovative financial solutions with real impact.
- Qualifications: Degree in finance or related field preferred; 5-7 years in banking or financial services required.
The predicted salary is between 43200 - 72000 £ per year.
The Fund Finance Group (FFG) of this Global Banking Group ,who operates as a Product Office within the Bank, delivering tailored lending solutions to asset managers and their funds. Its primary objective is to drive "bundled" business , by complementing traditional lending with off-balance sheet, revenue generating services such as Fund Administration.
The team focuses primarily on Subscription Finance and select Net Asset Value (NAV) lending structures. Comprising of expatriates and locally hired staff, the department is diverse and well rounded. Team responsibilities range from credit analysis, deal structuring and negotiation with internal and external clients, legal documents review, portfolio monitoring, and the preparation and presentation of credit approvals.
The role is responsible for oversight of Fund Finance Group (FFG) business clients’ accounts, while ensuring accuracy, compliance and optimal performance. This includes managing financial transactions, preparing loans (Ringi) applications, analysing financial data and negotiating terms of business.
Key Responsibilities
Credit analysis and review
· Prepare credit papers and credit memoranda related to fund finance transactions, including -specific "ringi" loan applications, other credit papers and Internal Credit Rating documents ("ICRSO").
· Undertake investor analysis for a range of assigned accounts to identify credit and operational risks inherent in each transaction.
Monitoring
· Undertake portfolio monitoring such as checks on investors, covenants, facility fees, etc. Recording results of this monitoring in the various tracking databases/management sheets or investor listings.
· Look for warning signs that might indicate a credit issue, default, etc and escalate to fund finance management as quickly as possible.
· Update the loan monitoring database.
· Liaise with Loans Administration and/or the Client in relation to drawdown arrangements and ensure all details are accurate.
Client onboarding
· Preparation of compliance documentation relating to new customers/counterparties ("KYC") and preparation of OS documentation.
Credit administration
· reporting for Head Office, or other Branch departments relating to fund finance business, portfolio and profit status (including exposure and collateral reporting).
· Responding to requests for facility drawdown from clients, checking relevant BB and facility limits, prepare loan drawdown documentation and general liaison with agent, customer, colleagues and Loans Administration department.
· Degree level education is required. Finance, banking, mathematics or accounting discipline preferred but not essential.
Required Skills:
· Numerate degree with 5 to 7 years’ experience in UK Corporate banking or financial services with expertise in fund finance, credit analysis and administration or structured transactions.
· Prior experience in fund finance, corporate banking, structured finance or credit analysis administration is essential
· Exposure to loan processing credit documentation or portfolio monitoring is essential
· Prior experience in fund finance, corporate banking, structured finance or credit administration is essential.
· Exposure to loan processing credit documentation or portfolio monitoring is essential.
The job holder is required to attend the office regularly with anticipated 2-3 days weekly office attendance. There is also plenty of opportunity to work from home, for which equipment will be supplied.
Client Account Manger - Banking Funds Finance in London employer: NELSON SCOTT RECRUITMENT SERVICES
As a leading Global Banking Group, we pride ourselves on fostering a dynamic and inclusive work environment that champions employee growth and development. Our Client Account Manager role within the Fund Finance Group offers a unique opportunity to engage with diverse clients while benefiting from tailored training programmes and flexible working arrangements, including the option to work from home. Join us to be part of a collaborative team that values innovation and excellence in delivering bespoke financial solutions.
Contact Details:
NELSON SCOTT RECRUITMENT SERVICES Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Client Account Manger - Banking Funds Finance in London
✨Tip Number 1
Familiarise yourself with the specific lending solutions and services offered by the Fund Finance Group. Understanding their approach to Subscription Finance and NAV lending structures will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the banking and finance sector, particularly those who have experience in fund finance or credit analysis. Attend industry events or join relevant online forums to build connections that could lead to referrals.
✨Tip Number 3
Stay updated on current trends and regulations in the banking and finance industry, especially those affecting fund finance. This knowledge will not only enhance your discussions but also demonstrate your commitment to the field.
✨Tip Number 4
Prepare to discuss your previous experiences in credit analysis and portfolio monitoring in detail. Be ready to provide examples of how you've identified risks and managed client accounts effectively, as this will be crucial for the role.
We think you need these skills to ace Client Account Manger - Banking Funds Finance in London
Some tips for your application 🫡
Understand the Role:Take the time to thoroughly read the job description for the Client Account Manager position. Understand the key responsibilities and required skills, especially focusing on credit analysis, fund finance, and client onboarding.
Tailor Your CV:Make sure your CV highlights relevant experience in banking or financial services, particularly in fund finance and credit analysis. Use specific examples that demonstrate your skills in these areas.
Craft a Compelling Cover Letter:Write a cover letter that connects your background to the role. Mention your experience with credit documentation and portfolio monitoring, and express your enthusiasm for working in a diverse team within a global banking environment.
Proofread Your Application:Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for this role.
How to prepare for a job interview at NELSON SCOTT RECRUITMENT SERVICES
✨Understand the Role
Make sure you have a solid grasp of what a Client Account Manager in Fund Finance does. Familiarise yourself with key responsibilities like credit analysis, deal structuring, and client onboarding. This will help you answer questions confidently and demonstrate your interest in the position.
✨Showcase Relevant Experience
Prepare to discuss your previous experience in fund finance, credit analysis, or structured transactions. Be ready to provide specific examples of how you've successfully managed financial transactions or conducted portfolio monitoring in past roles.
✨Ask Insightful Questions
Prepare thoughtful questions about the team dynamics, the types of clients you'll be working with, and the challenges they face. This shows that you're not only interested in the role but also in how you can contribute to the team's success.
✨Demonstrate Analytical Skills
Since the role involves a lot of numerical analysis and risk assessment, be prepared to discuss your analytical skills. You might be asked to solve a hypothetical problem or analyse a case study, so brush up on your financial analysis techniques beforehand.
