BRITISH BUSINESS BANK PLC
Role Profile
JOB TITLE
Manager
TEAM
Lending Solutions
GRADE
Band 6
SALARY
National. £30k-£45k
RESPONSIBLE TO
Senior Manager - Lending Solutions
RESPONSIBLE FOR
n/a
OVERALL PURPOSE OF JOB
To be part of a team responsible for the successful development and delivery of the
Bank’s lending solutions, with particular responsibilities in the first instance for the StartUp Loans programme.
MAIN RESPONSIBILITIES
To support the Senior Manager, Lending Solutions in the day-to-day operational
management of the Start-Up Loans programme. This will be achieved by:
Financial Modelling
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Prepare, maintain and review financial models, including cashflow, P&L and Balance
sheet forecasts, in respect of Start-Up Loans Company Programme (“SULCo”) and any
other Lending Solutions programmes. Undertake sensitivity analysis as appropriate.
Provide critical analysis of model results to assist operational and strategic
management of SULCo and other Lending Solutions programmes.
Work closely with SULCo to understand key drivers of portfolio performance. Monitor
outcomes and model the consequences of any proposed directional changes in respect
of future funding of the programme.
Operational Management
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Contribute to the operational management of SULCo and other lending solutions
programmes, including liaison with delivery partners and lenders on operational
queries and scheme terms and conditions.
Review and interpret management information and accounts supplied by programme
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delivery partners. Monitor performance against covenants.
Liaise with third party contractors engaged to aide delivery of specific programmes.
Develop and refine internal processes to support effective programme management.
Cash Management
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Process and track requests for drawdowns, maintain records of committed, allocated
and drawn funds by programme and liaise extensively with both BBB’s finance team
and external BBB’s shareholder to ensure appropriate reconciliation and control.
Prepare forecasts for cash management purposes.
Provide cashflow reconciliations by delivery partner to ensure public funds have been
deployed in accordance with the terms of the programme.
Analysis and Reporting
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Assist in the preparation and analysis of regular reporting on SUL and other
programme performance, including liaison with the Bank’s Management Information
team.
Working with the wider Lending Solutions team, produce bespoke key lender briefing
reports for use by Senior Management when meeting key lending partners.
In addition and according to operational requirements, the successful applicant will be
expected to undertake similar duties in respect of both existing Lending Solutions products
such as the Enterprise Finance Guarantee and other new ideas under consideration.
RELATIONSHIPS & CONTACTS
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Act as a key interface/business partner to both internal and external stakeholders
responsible for delivery of SULCo and other Lending Solutions programmes.
Support the Lending Solutions team with responses to Freedom of Information
requests, Ministerial correspondence, Parliamentary Questions and complaints in
relation to Lending solutions programmes.
Work closely with colleagues within the Lending Solutions Team and more widely
across BBB to contribute to achievement of wider objectives.
PERSON SPECIFICATION
(Qualifications, skills and competencies required for role)
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Practical experience of financial modelling including numerical and statistical analysis
to tight deadlines.
A proven ability in financial management accounting, including monitoring and
analysis of partner performance against forecasts;
Proven ability to work collaboratively with stakeholders in order to achieve specific
objectives;
Familiarity with SME lending, ideally from within a leading financial organisation.
We are seeking an individual who is numerate, enthusiastic, well- organised and
demonstrates a readiness for new challenges;
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Would suit a qualified or exceptional part- qualified individual with an accounting or
banking background with the aptitude to operate in a new and very different operating
environment and culture from the mainstream roles currently available in the market.
Shows judgment and decisiveness while also understanding when to escalate issues;
Has confidence and an ability to challenge constructively and use tact and diplomacy
when working with others;
Has experience working in a small collegiate team environment and is prepared to fit
in.
Location
BBB Sheffield
Qualifications
Accountancy (CIMA preferred) or Banking related qualification