Specialist, Securitisation Reporting

Job title:                                  Specialist, Securitisation Reporting

Location:                                London

Hours:                                     Full-time

Wage:                                     £53,000 - £63,000 per annum

Work Pattern:                       Monday – Friday

Employer:                              NewDay Cards Ltd

Duration:                               Permanent

Date advert posted:              6 June 2019

Closing date:                          4 July 2019

Job description

NewDay is seeking a Specialist in Securitisation Reporting to join its London office.

Key responsibilities

The key responsibilities involve the following:

• developing a complete and thorough understanding of the NewDay securitisation structures and legal documentation in order to be able to work as part of the securitisation reporting team in interpreting the reporting requirements and working to solve issues which arise due to document complexity or ambiguity;
• assisting in the production of the daily and monthly securitisation reports to the required standard and on a timely basis;
• developing the Securitisation Reporting area including identifying, designing and implementing improvements and efficiencies, selecting and implementing appropriate software tools and structuring the team for optimal performance.;
• overcoming challenges arising in meeting complex reporting, bookkeeping and disclosure requirements with respect to investors, rating agencies, tax and regulatory bodies, listing authorities and funding banks;
• assisting other areas of Treasury in the design of structure and legal documents for new transactions in order to improve the transaction management over time;
• taking responsibility for daily securitisation monitoring and model review;
• taking responsibility to prepare the review of monthly securitisation reporting for public and private investors, answering queries and providing information to senior Treasury reviewers as required;
• assisting the Finance team in preparation and monitoring of associated accounting entries to the General Ledger;
• developing strong relationships with Treasury, Finance, Business Intelligence and Operations in order to ensure accurate reporting of structures;
• contributing to building models and business processes in respect of new securitisation structures
• contributing to monthly ALCO reporting as required; and
• assisting in the development and enhancement of Securitisation Reporting function.

Essential qualifications, skills and experience

The successful candidate must possess the following qualifications, skills and experience:

• qualified/part qualified accountant;
• relevant experience in establishing and adhering to risk and control frameworks in production of reporting from an accounting perspective;
• a proven ability to represent the business area and to communicate effectively with executive and senior management;
• excellent communication skills, both verbal and using PowerPoint and Word;
• advanced Excel/VBA user with the ability to produce and verify complex spreadsheets and to design changes and improvements for the team to implement;
• knowledge of credit card securitisation and reporting;
• relevant experience of working within a Treasury function;
• relevant experience and familiarity with legal documentation;
• relevant experience of bespoke reporting systems implementations;
• excellent analytical mind with strong logical thinking and strong problem solving skills;
• be able to take responsibility and need limited oversight to accomplish projects, a self-starter;
• strong communication skills for dealing with key internal and external stakeholders;
• ability to multi-task assignments and prioritise workload with limited supervision, be resilient under pressure and able to deliver to deadlines;
• ability to demonstrate an innovative mind set that can develop ideas which are implemented and have a positive impact; and
• be a team player.

To apply: please upload your CV and a cover letter directly through the portal.

Date posted: 6 June 2019

Closing date: 4 July 2019