Senior Commercial Finance Manager - Banking

Job Title: Senior Commercial Finance Manager - Banking
Contract Type: Permanent
Location: Sheffield, South Yorkshire
Salary: £55000.00 - £58750.00 per annum + 38 day holiday, bonus, 15% pension
Start Date: ASAP/Subject to notice period
Reference: 3932301_1613126381
Contact Name: Arthur Blyth
Contact Email:
Job Published: February 12, 2021 10:39

Job Description

Exciting commercial senior management vacancy, Sheffield with a leading Financial Services organisation

Your new company
I'm delighted to be working with a leading Sheffield based employer who operate within the public sector and financial services sector to recruit into a key permanent Senior Manager position within a key product delivery team within the organisation.

An organisation who are a leading light in delivering modern working practices, my client embrace flexible working and forward thinking ideas to deliver 'best in industry' service to both external and internal stakeholders.

Your new role
This is a key appointment, both directly within the organisation and also indirectly in relation to the UK Economy.
As Senior Manager within the team, you will focus on the delivery and management of critical product processes through the organisations' key suppliers. This role will lead on Delivery Partner engagement with current and future suppliers to ensure transparency, consistency and value for money across the Delivery Partner network.

You will support engagement with Delivery Partners to optimise interactions with wider teams and continually review product updates and improvements to ensure consistency across operations with a specific focus on the commercial oversight of the supplier.

You will be a key member of a team which originates, structures and manages cash and risk transfer transactions of SME loan and asset finance portfolios. The team played a lead role in the delivery of the recent Covid response guarantee products (CBILS, CLBILS and BBLS) which introduced new concepts to the UK SME finance market.

Your role will require you to manage the guarantee operations of Delivery Partners ensuring adherence to scheme and Investment Committee/MD Forum agreed terms. You will be the first point of contact for Delivery Partner operational queries relating to products and support the development and management of a Quarterly Portfolio Review for the Covid Guarantee Schemes, ensuring consistency with other product QPRs. Alongside this, you will effectively manage and mitigate known and emerging risks in relation to the operations centre, ensuring escalation where appropriate.

What you'll need to succeed
As a key stakeholder, it is essential that you hold strong knowledge of the SME finance market, across either direct/wholesale finance. You will have a sound understanding of the SME market segmentation (asset finance, invoice finance, term debt, revolving credit, responsible finance) and associated risk profiles, alongside competent understanding of the SME finance marketplace and the role of guarantee schemes in the UK financial ecosystem.

You will also have understanding and experience of guarantee schemes and other GWS/securitisation products, as well as a solid track record of operating within multifunctional teams to deliver complex business outcomes.

Additional beneficial experience areas for application could include:

  • Knowledge of credit portfolios with interpreting data from multiple work streams.
  • Broad experience in design and delivery of complex operational projects with proven ability to engage with senior stakeholders across multiple business areas.
  • Experience and knowledge of operationalising guarantee schemes.
  • Experience in delivery of public sector financial instruments advantageous.
  • Previous experience in engaging with UK lenders across multiple disciplines and hierarchy.

What you'll get in return
Flexible working options available within this role. The organisation are currently working from home, with some access to offices. They are currently putting in place a formal policy for flexible working arrangements.

  • Salary of up to £58,750 per annum.
  • 15% pension
  • Competitive bonus scheme
  • 38 days annual leave entitlement (inclusive of bank holiday)
  • Flexible working
  • Holiday buy/sell scheme
  • Life assurance
  • Lifestyle benefits
  • Modern, enjoyable working environment
  • Supportive & collaborative culture with opportunities to progress

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career.

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