Company Selling Points? Rapidly growing scale-up business setup in 2017, 18 staff currently? Ranking top in Chambers and Partners in their industry, recently raised £20M in funding? Premium quality services, which solicitors need to use to help their clients? The senior management will listen to your ideas, they are great leaders? Young, driven, passionate and friendly team environment? They genuinely care about their clients, making them stand out from the competition? Partnered with Support Through Court (“STC”), a charity with a similar mission? Learn quickly, work across the business and help the company to progress? An excellent opportunity for someone eager to kick start their career!Company OverviewFCA regulated speciality lender in the family and probate legal marketsProvide financing to individuals for legal bills, or simply to access due money early, while they await their settlement (divorce, or will)Their mission is to level the legal playing field by providing access to funds to increase the likelihood of a fair outcomeLoans are average £100K, but cases can be up to £2 MillionThis Role May SuitAn Operations executive who has an interest in:
Working at a fast paced scale-up businessThe legal sector, ideally an interest in Family LawManaging an important part of a businessJob DescriptionAssist the Operations Director and Loan Management team in overseeing individual loan facilities from execution to repaymentFinancial tracking - monitor actual vs expected usage of the drawdown facilities to ensure the facility will cover all estimated costsLiaise with solicitors, clients and the finance team to manage drawdown requests and process paymentsPresent summary reports of expected repayments to senior managementManage the redemption process for client loansSubmit drawdown requests to funders and sort client repaymentsAssist in re-financing loans that run beyond their original termEnsure all transactions are compliant with in-house procedures and FCA regulationsReport to the Operations Director and COO, support the company’s growth plans and strategic objectivesAdditional Responsibilities – as you develop in the role:
Take ownership of the revolving credit facility within the first six monthsConduct due diligence on live loans to identify potential issues and recommend appropriate mitigationDevelop processes for the roll-out of new products in 2023Process payments to solicitors, borrowers, and third-party service providersAssist the Finance Director and Operations Director with ad hoc tasksInput into the build of the in-house loan management platformRequired Skills & ExperienceTwo years’ experience in financial services is preferredLikely to have a Finance or Operations backgroundExcellent numeracy skills and ideally an understanding of credit facilitiesGood written and spoken communication skills, including the ability to present to both senior management and partnersAbility to multitask and prioritise effectivelyAbility to work under pressure and handle variable workloadsExperience in lending and revolving credit facilities is a plus, but not essentialGood understanding of FCA regulations is a plus, but not essentialPersonality FitMotivated, keen to learn and take pride in your work, drive to go above and beyond to help others and progress your careerProactive, out of the box thinker to spot challenges and improve processesA can-do attitude that will contribute to the success of the businessStrong emotional intelligence to build relationships, works well with clients, solicitorsConfident communicator to speak up with queries or ideasStrong work ethicAn interest in law is preferredLocation:
London - hybrid working (1 day a week in the office currently, likely to be 2-3 days in future)Hours:
Monday - Friday 8:
30AM – 6PMSalary:
£35,000 - £40,000, depending on experienceBenefits:
Pension schemeOpen ended career progression with strong performancePrivate Health insurance & cash back health scheme25 days holiday, plus bank holidaysExtra holiday day on your birthdayCycle to work schemeStart:
April / May 2023Please note that all job adverts are regularly revised and refreshed.
We may close an advert before a stated closing date, so make sure to apply as soon as possible to ensure that your application is considered. LinkedIn LondonEngland
