At a Glance
- Tasks: Coordinate audits, manage risk, and ensure compliance in a dynamic environment.
- Company: Join Secure Trust Bank, where your skills drive real impact and success.
- Benefits: Enjoy flexible benefits, annual leave, bonuses, and a wellbeing hour for self-care.
- Why this job: Be part of a supportive culture that values your growth and contributions.
- Qualifications: Proactive, organised, with experience in audit coordination and data analysis.
- Other info: Free breakfast, paid volunteering days, and personal development plans included.
The predicted salary is between 36000 - 60000 £ per year.
Are you a detail-oriented professional with a knack for managing complex operations and audits? Do you thrive in dynamic environments where your skills in risk management and coordination can shine?
As a Reconciliation and Audit Specialist in Stock Funding, you will play a crucial role in ensuring the smooth operation and integrity of our dealer audit processes. You will work closely with 3rd parties, dealers and field-based teams to coordinate audit schedules, manage operational audit visits, and oversee operations involving dual systems. Your ability to identify and escalate key risks, manage records, and ensure compliance with settlement terms will be essential in mitigating financial losses and maintaining our high standards.
Key Responsibilities- Audit Coordination: Schedule and manage audits with two suppliers while coordinating operational audit visits with field staff. Maintain and utilise two distinct systems to ensure seamless audit processes.
- Risk Identification and Escalation: Identify critical risks during audits and promptly escalate them due to their significant financial implications.
- HPI React Management: Oversee the HPI React process in stock funding, ensuring new vehicle interests are raised swiftly and accurately to prevent financial losses.
- HPI Exceptions Process: Download HPI React data, compare it with settlement data using VLOOKUPs and data analysis, and settle vehicles according to agreed exception terms.
- Risk Watch List Reviews: Participate in risk watch list reviews to identify dealers with potential issues and escalate audits as necessary.
- Enhanced Audit Management: Manage audits for dealers under enhanced scrutiny, ensuring thoroughness and promptness.
- Audit Frequency Compliance: Run reports to ensure all dealers are audited according to their scheduled frequency. Coordinate with suppliers to replace physical audits with digital ones when appropriate.
- New Dealer Onboarding: Manage the onboarding process for new dealers, ensuring their initial training audits are completed efficiently and addressing any issues with suppliers in a timely manner.
You are a proactive and organised professional with strong analytical skills and attention to detail. You have experience in audit coordination, risk management, and data analysis. You are comfortable working with multiple systems and can effectively communicate with various stakeholders. Your commitment to excellence and ability to thrive in a fast-paced environment make you an ideal fit for our team.
How you will be rewarded- Annual bonus scheme
- Life assurance
- Matched pension contributions
- 25 days annual leave plus bank holidays and your birthday off, on us!
- A wellbeing hour to spend doing whatever makes you happy
- A wide range of flexible benefits from Cycle2Work to private healthcare
- Free breakfast, fruit, and hot drinks throughout the day
- Paid volunteering days and matched charity fundraising
- Free parking
At Secure Trust Bank you will not be a small cog in a big wheel, you will have the autonomy to use your skills and experience to drive our business forward and have a tangible effect on our success. As a business we celebrate achievement and have a range of generous recognition schemes that reward both individual and team successes. We offer excellent in-house training and development schemes and a range of external qualifications to enable your progression and career development. Every single member of our team has a personal development plan to help them achieve their goals, whatever their career ambitions.
Our customers are at the heart of everything we do, but we can't achieve our customer-focused strategy without the right people in our team. At Secure Trust Bank, we know that people are our biggest investment, which is why a career with us is not just a job. It's the chance to be part of something bigger, to add real value to the Bank and help us constantly improve, in order to achieve our ambition of becoming the best bank in Britain. We believe in giving our staff autonomy, with initiative and exceptional performance recognised through a variety of individual and team awards and incentives. All our employees have a tangible impact on the Group's core values, and we are looking for candidates who are enthusiastic, proactive and enjoy working in a fast-paced environment. So join us as we strive to Grow, Sustain and Care about the way we work.
Contact Detail:
Secure Trust Bank Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Audit Specialist in Solihull
✨Tip Number 1
Familiarise yourself with the specific audit processes and compliance standards relevant to the automotive industry. Understanding these nuances will help you demonstrate your expertise during interviews.
✨Tip Number 2
Network with professionals in the audit and finance sectors, especially those who have experience in stock funding or automotive audits. This can provide you with valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your data analysis skills, particularly with tools like Excel. Being proficient in VLOOKUPs and data comparison will be crucial for the role, and showcasing this skill can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss real-life scenarios where you've identified risks and managed audits effectively. Having concrete examples ready will illustrate your problem-solving abilities and proactive approach.
We think you need these skills to ace Audit Specialist in Solihull
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in audit coordination, risk management, and data analysis. Use specific examples that demonstrate your attention to detail and ability to manage complex operations.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Audit Specialist role and how your skills align with the responsibilities outlined in the job description. Mention your experience with managing audits and coordinating with various stakeholders.
Highlight Relevant Skills: Emphasise your analytical skills and proficiency with tools like VLOOKUPs in your application. Discuss any experience you have with dual systems and how you've successfully identified and escalated risks in previous roles.
Showcase Your Proactivity: Demonstrate your proactive approach by providing examples of how you've improved processes or managed challenges in past positions. This will resonate well with the company's emphasis on initiative and excellence.
How to prepare for a job interview at Secure Trust Bank Ltd
✨Showcase Your Attention to Detail
As an Audit Specialist, your ability to manage complex operations is crucial. Be prepared to discuss specific examples from your past experiences where your attention to detail made a significant impact on audit outcomes.
✨Demonstrate Risk Management Skills
Highlight your experience in identifying and escalating risks during audits. Prepare to explain how you have successfully mitigated financial losses in previous roles, as this will resonate well with the interviewers.
✨Familiarise Yourself with Dual Systems
Since the role involves managing operations with dual systems, make sure you understand how these systems work. Be ready to discuss any relevant experience you have with similar systems and how you ensured seamless processes.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Think of situations where you had to coordinate audits or manage compliance issues, and be ready to articulate your thought process and actions taken.