Job Description :

Job information Direct Lending Operations (DL Ops) Officer from the Company UK Export Finance, this latest Direct Lending Operations (DL Ops) Officer job vacancy is located in the city . This latest job opening is open to job seekers who have the latest education / graduate . Job Vacancies in this field have been opened and published up to the specified time.

Job Description :

Details

Reference number

395855

Salary

£35,870 A Civil Service Pension with an employer contribution of 28.97% GBP

Job grade

Executive Officer

Contract type

Permanent

Business area

UKEF – Operations Division

Type of role

Finance Other

Working pattern

Flexible working, Full-time

Number of jobs available

1

Contents

  • Location
  • About the job
  • Benefits
  • Things you need to know
  • Apply and further information

Location

Westminster, London.

About the job

Job summary

The Operations division reports directly to the Chief Operating Officer. The Division is formed of existing experienced staff and a number of new staff who have come on board in the last 2-3 years.

Premium and Data Control team (PDC)

Partnered with key stakeholders within, and teams outside of, Operations to ensure all UKEF business transactions are accurately recorded and maintained on UKEF’s corporate System, Advanced Commercial Banking system (ACBS).

DL Operations team (DL Ops)

Ultimate responsibility for the Direct Lending portfolio, on a post-signature basis, including correct booking of new facilities, accurate processing of drawdown requests, and covenant monitoring.

Job description

Direct Lending Operations (DL Ops) branch, part of Operations Division, operates UKEF’s Direct Lending (DL) portfolio, from a loan administration aspect. Participate in the administration of the DL loan portfolio by assisting with drawings, but also with core daily DL tasks, dealing with DL enquires received by email from internal sources and externally from Agent banks and any other DL related matters that are deemed appropriate.

Manage updates to DL data in the DL system at all stages of the lifecycle of a Facility, to ensure that corporate data is up to date and accurately represents the current loan balance and the best estimate of the future cash profile.

Process loan disbursements, interest and principal receipts and commitment fees etc. in ACBS, our corporate loan booking system.

Main Activities

  • Accurately input loan disbursements into ACBS, including book movements, where facility support fees are financed from the facility.
  • Accurately process receipts of interest, principal and commitment fees in ACBS.
  • Ensuring that the DL system is updated with new and existing DL facilities, changes in respect of case stage, estimated drawing profiles, actual drawings and repayments.
  • Daily monitoring and action of the DL SharePoint diary, in relation to tasks such as Conditions Precedent deadline dates, availability period end dates, interest and principal repayment dates, commitment fees falling due, covenants falling due or requiring chasing and any other miscellaneous tasks that require monitoring and follow up.
  • Check Agent bank calculations for upcoming interest and commitment fee payments against our records and system held data for correctness and feedback any discrepancies/issues to the Agent bank.
  • Accurately input and update covenants in ACBS.
  • Assist with ad hoc data requests received from Finance, Risk Management Group and Business Group etc.
  • Assist with the review and updating of various procedure manuals and process guides etc. throughout the year.
  • Assist and provide input into various projects or initiatives relating to the DL portfolio.
  • Contribute towards Continuous Improvement activities.
  • Support the team in a variety of monthly administration tasks, including the completion of systems reconciliations and various reporting etc.

Person specification

Essential

Qualifications

  • 5 GCSE passes (including Maths and English) at Grade 4 (C) or above; or equivalent or relevant demonstrable experience. (A)

Knowledge

  • Basic knowledge of banking practices. (A)

Skills / Ability

  • Should be able to work with minimum supervision. (A / I)
  • Numerate and high-level attention to detail. (A / I / T)
  • Good interpersonal skills with an ability to express information and issues clearly in verbal and written communications. (A / I)
  • Good organisational skills – should be able to plan and prioritise work and deal with a wide variety of tasks on a daily basis. (A / I)

Experience

  • Working in a system-based role involving regular inputting of data. (A / I)
  • Experience of working in a busy team and within tight deadlines. (A / I)

Desirable

Qualifications

  • N/A

Knowledge

  • Familiarity with a variety of financial products. (A)
  • Familiarity with loan agency/administration role. (A)

Skills/Ability

  • Advanced knowledge of using MS Office, including Excel and Word. (I)

Experience

  • Working in a bank or financial institution middle/back office in an administrative role. (A / I)

Qualifications

5 GCSE passes (including Maths and English) at Grade 4 (C) or above; or equivalent or relevant demonstrable experience.

Behaviours

We’ll assess you against these behaviours during the selection process:

  • Changing and Improving
  • Managing a Quality Service
  • Delivering at Pace
  • Working Together

Benefits

Alongside your salary of £35,870, UK Export Finance contributes £10,391 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides.

  • Learning and development tailored to your role
  • An environment with flexible working options
  • A culture encouraging inclusion and diversity
  • A Civil Service pension with an employer contribution of 28.97%

Things you need to know

Selection process details

This vacancy is using Success Profiles , and will assess your Behaviours, Ability and Experience.

The application must be completed by 23.55 on the day of the closing date for it to be accepted.

Use of Artificial Intelligence (AI)

At UKEF we value authenticity. You should not use AI to present and/or plagiarise the ideas and experiences of others. Therefore, you must ensure that any evidence submitted as part of your application or used during an interview is both truthful and factually accurate. Applications may be rejected at any stage of the selection process if plagiarism is detected. Appendix 2 provides guidelines on what we feel is / is not acceptable use of AI.

All applications will be sifted against our essential criteria outlined in the personal specification. In addition to this, applicants will also be asked to complete an on-line ability test, this must also be completed prior to the deadline for your application.

  • Qualifications
  • Statement of suitability – you should fully articulate in 500 words how you meet the essential criteria outlined in the person specification within the Information Pack.
  • Ability – Numeracy test (the test must be completed and passed by 23:55 on Thursday 20 March before you will be allowed to continue with your application)

For the initial sift your application will be evaluated against:

1. Experience – Application and Statement of Suitability

If you are successful following the sift stage, you will be invited to an initial interview; this will include the following assessment:

1. Behaviours / Experience – a formal panel interview where you will be interviewed across all four behaviours highlighted in Appendix 1 of the candidate information document.

Feedback will only be provided if you attend an interview or assessment.

Security

Successful candidates must meet the security requirements before they can be appointed. The level of security needed is security check . See our vetting charter . People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements

This job is broadly open to the following groups:

  • UK nationals
  • nationals of the Republic of Ireland
  • nationals of Commonwealth countries who have the right to work in the UK
  • nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities with settled or pre-settled status under the European Union Settlement Scheme (EUSS)
  • nationals of the EU, Switzerland, Norway, Iceland or Liechtenstein and family members of those nationalities who have made a valid application for settled or pre-settled status under the European Union Settlement Scheme (EUSS)
  • individuals with limited leave to remain or indefinite leave to remain who were eligible to apply for EUSS on or before 31 December
  • Turkish nationals, and certain family members of Turkish nationals, who have accrued the right to work in the Civil Service

Further information on nationality requirements

Working for the Civil Service

The Civil Service Code sets out the standards of behaviour expected of civil servants. We recruit by merit on the basis of fair and open competition, as outlined in the Civil Service Commission’s recruitment principles . The Civil Service embraces diversity and promotes equal opportunities. As such, we run a Disability Confident Scheme (DCS) for candidates with disabilities who meet the minimum selection criteria. The Civil Service also offers a Redeployment Interview Scheme to civil servants who are at risk of redundancy, and who meet the minimum requirements for the advertised vacancy.

Diversity and Inclusion

The Civil Service is committed to attract, retain and invest in talent wherever it is found. To learn more please see the Civil Service People Plan and the Civil Service Diversity and Inclusion Strategy .

Apply and further information

This vacancy is part of the Great Place to Work for Veterans initiative. Once this job has closed, the job advert will no longer be available. You may want to save a copy for your records.

Contact point for applicants

Job contact :

  • Name : Recruitment Team
  • Email : Recruitment2@ukexportfinance.gov.uk

Recruitment team

  • Email : Recruitment2@ukexportfinance.gov.uk

Further information

Should you have a complaint or wish to raise any concerns regarding the recruitment process, please e-mail your complaint to the Head of Pay and Resourcing (UKEF) at Recruitment2@ukexportfinance.gov.uk and include “Complaint” in the subject heading. Should you remain dissatisfied following UKEF’s investigation then you can refer your complaint to the Commission – http://civilservicecommission.independent.gov.uk/making-complaint.

More Information

  • Salary £35,870
Education : GCSE |

Only candidates can apply for this job.
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