At a Glance
- Tasks: Lead the creation of a new operational finance function and manage mortgage cash flows.
- Company: Join a specialist mortgage lender with a focus on innovation and growth.
- Benefits: Enjoy flexible working, generous holidays, private healthcare, and regular social events.
- Other info: Fast-paced environment with opportunities for process improvement and tech integration.
- Why this job: Be a pioneer in building a finance function from scratch and make a real impact.
- Qualifications: Experience in operational finance or mortgage servicing; ACCA/ACA qualified or part-qualified.
Location: London Hybrid 3 days WFH per week
Salary: Up to £70,000 DOE
Hours: Monday to Friday 9 am to 5 pm
Benefits: Competitive benefits package including flexible hybrid working, generous holiday allowance, pension, private healthcare, enhanced parental leave, life insurance, EV and cycle-to-work schemes, and regular social events.
About the position:
We're partnering with a specialist mortgage lender that is bringing its mortgage servicing and operational finance function in-house. As a result, they are looking for a qualified or part-qualified Operational Finance Manager with a background in loan management or mortgage servicing. This is a new internal function with no existing framework, meaning you will be the first hire into the area and will need to act as a self-starter and will be building the function from the ground up. The role is highly hands-on covering daily reconciliations, mortgage cash management, ETB reporting, funder reporting packs, and audit support, while also taking ownership of designing and embedding the processes, controls, and reporting structure for the future. You will be working closely with funding partners and external stakeholders, ensuring accuracy, transparency, and strong financial governance across all reporting.
The ideal candidate will be tech-savvy, process-minded, and open to using tools to improve efficiency and insight, while maintaining strong control and attention to detail.
Responsibilities:
- Take ownership of mortgage cash management and daily reconciliations as part of a new in-house operational finance function.
- Manage BAU activities, including ETB reporting, funder reporting packs, and audit support.
- Ensure accuracy and control across all financial reporting, working closely with funding partners and external stakeholders.
- Investigate and resolve reconciliation differences, maintaining strong financial governance and audit trails.
- Help design, embed, and improve processes, controls, and reporting frameworks for a newly created function.
- Operate in a standalone capacity.
- Support the build-out of the function while balancing day-to-day operational delivery in a fast-paced environment.
- Contribute to improvements in efficiency, including the use of tools and technology to enhance reporting and analysis.
Experience and skills required:
- Experience in operational finance, loan servicing, or a mortgage lending environment.
- Strong understanding of mortgage servicing cashflows and reconciliations.
- Structured finance experience (e.g. SPVs, warehouse facilities, RMBS) desirable.
- ACCA/ACA qualified, part-qualified, or equivalent experience.
- Strong analytical skills with the ability to investigate and resolve discrepancies.
- High attention to detail with strong numerical and control focus.
- Excellent organisational skills with the ability to manage competing priorities in a fast-paced environment.
- Advanced Excel skills.
- Proactive, adaptable approach with a focus on process improvement and efficiency (including use of technology/AI desirable).
For more information regarding the role, please contact us.
Operational Finance Manager in London employer: Stellar Select
Join a dynamic and innovative mortgage lender in London as an Operational Finance Manager, where you will play a pivotal role in establishing a new in-house operational finance function. Enjoy a competitive benefits package, including flexible hybrid working, generous holiday allowance, and opportunities for professional growth in a supportive work culture that values initiative and process improvement. This is a unique chance to shape the future of the finance function while collaborating with key stakeholders in a fast-paced environment.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Finance Manager 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 Stellar Select. 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 Operational Finance Manager 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 Stellar Select.
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 Stellar Select'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 Stellar Select
✨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 Stellar Select.
✨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 Stellar Select 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 Stellar Select 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.
