Head of Short-term Business - 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:

- £73,000 - £117,800
Job grade:

SCS Pay Band 1
Contract type:
Permanent
Business area:
UKEF
Business Group
Trade Finance
The Trade Finance Division (TFD) sits within the Business Group and is accountable for the delivery of UKEF's shortterm business products: Bond Support Scheme, Export Working Capital Scheme, General Export Facility, Export Insurance Policy, and Bond Insu
Type of role:
Business Management and Improvement
Customer Insight
Finance
International Trade
Working pattern:
Flexible working, Fulltime, Job share, Parttime, Compressed Hours
Number of jobs available:
1Contents

Location

About the job

Benefits:

Things you need to know

Location

Westminster, LondonAbout the job

Job summary:

The Trade Finance Division (TFD) sits within the Business Group and is accountable for the delivery of UKEF's short-term business products: Bond Support Scheme, Export Working Capital Scheme, General Export Facility, Export Insurance Policy, and Bond Insurance Policy.

TFD comprises the Export Finance Manager (EFM) network, the Short-Term Business Underwriting Team (STBU), Post-Issue Management (PIM), and Business Group Operations (BSG).

Job description:

The role of Head of Short-Term Business (HSTB) is to lead and inspire the teams within STBU, PIM and BSG and alongside other senior management within the Division, to help influence and deliver the business aims and strategies of TFD and UKEF.

The primary aim of the role is to increase the level of support we provide to UK exporters through the various schemes we operate.

The HSTB also plays an integral part in liaising with Applicants, Banks, Brokers and Export Finance Managers and, from time to time, meeting with clients at senior levels.

Having a delegated authority, the role will also assist with the structuring and negotiation of facilities, reviewing and approving credit submissions made by the underwriting teams and when appropriate presenting analyses and recommendations for approval with Risk Management Group and the UKEF Credit Committee (ERiCC).

The role will also involve a strong level of product development to ensure our products and services continue to meet market, needs whilst also being a key individual in the strategic direction of the Trade Finance Division, helping to set Divisional Plans & Objectives.

The HSTB will report directly to the Head of Trade Finance (SCS1), operating as a Deputy and accountable for the deliverables of the short-term business.

Person specification:

Main Activities:
Role Specific

Lead and inspire the Short-Term Underwriting business within the Trade Finance Division, which encapsulates teams within Trade Finance Underwriting, Credit Insurance Underwriting, Post Issue Management and the Business Support Group.
Responsibility to ensure all Compliance and Governance policies and procedures within TFD are documented, implemented and fully adhered too.
From time to time, act as Deputy to the Head of Trade Finance Division, undertaking those roles and responsibilities of the Head of TFD as and when required.
With support from the Head of Trade Finance Division, ensure all direct reports fully understand their roles and responsibilities and are motivated to deliver a quality service on behalf of the UK's exporters.
Be a role model and work to implement a culture of sharing best practice and knowledge across the Short-Term Business Teams, Trade Finance Division and UKEF in general.
Carry out regular performance reviews on behalf of your direct reports and identify and implement training requirements to allow colleagues to develop to their maximum potential.
Take full responsibility for the day to day running of the Short-Term Business and maintain a strong focus on business aims at a regional and national level.
Act as the key interface for key relationships with both internal and external third parties, keeping abreast of business issues, trends and opportunities and communicating as required.
Alongside the HoD, be responsible for the budgets and forecasts for TFD.

Stakeholder Engagement

To act as an ambassador for UK Export Finance and to raise awareness of its range of products and services. This will be delivered through presentations and meetings, which will aim to promote the UK Export Finance product range with Banks, exporters, trade finance intermediaries; insurance organisations and other related third parties.
To support key relationships with UK exporters to help them grow their exports through the provision of advice on trade finance and credit and payment protection matters.
To establish and maintain national relationships with providers of trade finance and risk mitigation products (e.g. banks, credit insurers, brokers, and others) and to introduce customers who require their services.
To monitor the delivery and impact of the support provided to UK