Premium and Data Control Officer - London, United Kingdom - UK Export Finance

UK Export Finance

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Details:

Reference number:

Salary:

- £32,300
Job grade:

Executive Officer
Contract type:
Permanent
Business area:
UKEF
Operations Division
Type of role:
Analytical
Operational Delivery
Working pattern:
Flexible working, Fulltime
Number of jobs available:
1Contents

Location

About the job

Benefits:

Things you need to know

Location

Westminster, LondonAbout 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
Responsible for premium collection, responsible for ensuring that all UKEF business transactions are accurately recorded and maintained on UKEF's corporate System, Advanced Commercial Banking system (ACBS)
Lending and Financial Derivatives team
Responsible for ensuring the Operation of the residual FREF scheme comprised of FREF loans and hedges, and refinanced FREF loans, managing interest rate and prepayment risk, using a Treasury Management system Reval. Ultimate responsibility for the Direct Lending portfolio, on a post signing basis, including correct booking of new facilities, accurate processing of drawdown requests, and covenant monitoring
International Debt team
Ensuring that the maximum amount of debt in respect of claims paid is recovered in a manner consistent with the Governments' policy on debt forgiveness, through the appropriate UK representation at Paris Club where debt treatment is negotiated. Ensuring that Bilateral agreements are drafted in a timely manner and negotiations are concluded within deadline, agreements are built accurately on ACBS and payments of sovereign debt made to UKEF are administered, and payments to customers made in timely manner. Additionally, the management of nonParis Club sovereign debt.
Service Delivery team
A team which owns the operations of the portal website, workflow system and associated operational relationship management with banks, brokers, exporters and other users of the portal and other digital assets. Also oversee the Bank Delegation Service.

Job description:

The team is responsible for accurately recording and maintaining details of UK Export Finance's (UKEF) business transactions and international debt agreements on one of the department's key corporate systems (Advanced Commercial Banking System (ACBS), "a comprehensive commercial lending and trading system of integrated functional modules that support the lending process from deal building through servicing and trading.

As an Operations Executive Officer, you have responsibility for the accurate and timely recording and maintenance of corporate data on ACBS by processing and entering data received from stakeholders.

Providing support for any investigation of problems (referring to the ACBS System Administrators as required) and the re-entry or amendment to data entries within the corporate system.

In the course of your work you will need to work as part of a team to ensure that all incoming work is dealt with promptly in order to meet the Key Performance Indicator (KPI) time frame.

Whilst also looking for ways in which processes and procedures can be streamlined and improved. You will also be responsible for assisting in analysing control reports and other data validation checks.

Person specification:

Main Activities

Operational:

Ensuring that the work is processed accurately within the agreed KPI deadlines.
Monitoring of the SharePoint site, working as a team to deal with workloads and priorities to maintain agreed service levels.
To provide cover in the absence of other team members ensuring that the work is prioritised in order to maintain a good level of service.
On an ongoing basis discussing and agreeing with other team members and managers overall operational priorities, issues to be addressed to maintain and/or improve the team and Division's effectiveness.

Data Recording, Processes and Procedures (Day-to-Day):

The setup and maintenance of corporate data in ACBS to the highest possible level of accuracy within agreed parameters.
To ensure processes and procedures of the work area are adhered to and that guidance is available and efficiently maintained. This includes identification of potential areas of weakness in systems or concerns with underlying business transactions and how they should be recorded.
To identify, allocate and process premium receipts in line with branch instructions.
To manage and maintain control logs, ensuring data is recorded promptly and accurately.
Working closely with underwriters, postissue and credit risk teams ensuring that the correct data is received.
Supply of effective management information.
Supporting the resolution of data issues.

Business Development: