Vacancies

Credit Analyst

We are hiring and looking for a Credit Analyst to join our growing team.

As Credit Analyst you will support the Credit Team in onboarding and monitoring its Structured Finance Portfolio by assessing and analysing key financial and credit Information to ensure it is within the Banks credit appetite.You will also support the wider Credit Team, underwriting UK Broker and Direct Isle of Man credit proposals within their delegated authority limit and be responsible for assessing an applicant’s ability to repay the loan. 

You will make recommendations based on financial and non-financial performance and must be able to work to tight deadlines and adhere to a service level. 

To excel in this role you will have proven experience in sanctioning credit facilities within banking or asset finance industries, with an understanding of relevant UK & IOM Regulatory requirements relating to the provision of credit facilities in these jurisdictions. ACCA/CIMA qualification is desirable.

For more information or to apply please see below.

General Purpose

• The job holder will support the Credit Team in onboarding and monitoring its Structured Finance Portfolio by assessing and analysing key financial and credit Information to ensure it is within the Banks credit appetite.
• The job holder will be able to make recommendations based on financial and non-financial performance and must be able to work to tight deadlines and adhere to a service level.
• The job holder will also support the wider Credit Team underwriting UK Broker and Direct Isle of Man credit proposals within their delegated authority limit and will be responsible for assessing an applicant’s ability to repay the loan.

 Key tasks and responsibilities

• Evaluate a customers credit data and financial statements in order to determine the degree of risk involved in lending to them
• Preparing reports and assessments based upon the credit worthiness and risk of a counterparty
• Analysing client records and using the data to recommend products
• Evaluating financial status of customers by producing financial ratios
• To analyse audited accounts, management information, forecast cashflow, budget planners and open banking data
• Assess loan book trends and make recommendations to improve the credit risks to the Bank based on the Bank’s appetite and underlying strategy
• Monitor financial and non-financial covenants set for customers and provide information on any non-compliance to the Credit Manager, Head of Credit Risk or Credit Committee
• To review and approve Structured Finance clients onboarding and drawdown requests
• To build and maintain flexible working relationships with internal and external stakeholders
• To assess and approve credit proposals within your delegated authority and make Credit recommendations to the Credit Committee where required
• Provide recommendations tied to analysis and assessment of credit risk.
• Keep up to date with the Groups lending protocols
• Reconcile credit files and identify discrepancies and variances
• Promote the Groups culture and values
• Develop and prepare spreadsheets and models to support analysis of new and existing customers
• Understand and comply with internal policies to all credit related policies
• To adhere to service levels

Principle Accountabilities

• Credit Manager
• Head of Credit Risk
• Credit Committee (where required)

Knowledge, Experience and Skills

• Experience in sanctioning credit facilities within banking or asset finance industries
• Have a finance and accounting degree level qualification or equivalent
• Ability to undertake detailed analysis of credit applications utilising financial statements, cashflow, credit reference agency searches, searches of company registries etc
• Understand the relevant UK & IOM Regulatory requirements relating to the provision of credit facilities in these jurisdictions
• ACCA/CIMA would be preferred but not mandatory
• Proven experience working in an analytical / credit role within the financial services industry
• Impeccable understanding of financial statements, ratios, and concepts of lending
• Understanding of the relevant Regulatory requirements relating to the provision of credit facilities
• Strong Interpersonal and communication skills
• Ability to work under pressure and to tight deadlines
• Planning and organisational skills
• Excellent attention to detail and ability to notice discrepancies in data
• Highly numerate and proficient in MS Office

Working Relationships

• Credit Team
• Credit Manager
• Head of Credit
• Structured Finance Team

Decision Making Authority

• As detailed in Personal Underwriting Authority Mandate and in accordance with the Credit Policy

Core Competencies

• Customer Focus - Level 3
• Teamwork - Level 3
• Communication - Level 3
• Adaptability and Learning - Level 3
• Using Technology - Level 4

Head of Management Accounting

We are looking for a Head of Management Accounting to join our Finance team!

As Head of Management Accounting you will ensure the monthly management accounts for Manx Financial Group PLC are produced on a timely basis, and are complete and accurate. You will manage a small team and oversee the daily operations of the Group Finance Department both Isle of Man and UK.

To excel in this role you will be a qualified accountant with previous experience in the finance sector and have strong people management skills.

Please see below for a full job description or to apply.

Key tasks and responsibilities

• Manage and oversee the daily operations of the Group Finance department (Isle of Man and UK)
• Manage and review the management accounts process for all subsidiaries of MFG PLC, ensuring production and distribution within 10 working days
• Preparation of monthly Group Management accounts and distributing to the Boards within 10 working days, assisting with any questions and queries
• Co-ordinate and review the credit risk report and provide commentary
• Attend and contribute in Credit Committee meetings, adequately answering all questions from members
• Monthly review of payroll (Isle of Man and UK), control account reconciliation and defined benefit payment and reconciliation
• Co-ordinating and reviewing efficiencies and assisting with projects when required
• Liaison for internal and external audit in respect of Management Accounting enquiries
• Liaison for internal departments for finance related matters in respect to daily operations
• Ensuring timely completion and submission of Corporate Tax returns (Isle of Man and UK)
• Reviewing work completed by other team members, raising any issues arising at an early stage
• Ensure timely release of electronic payments whilst ensuring payment release controls are maintained
• Supervisor of Sun/Vision Systems for the Management Accounting group
• Assist with the training of staff members, working with them to expand their knowledge and experience
• Working with the Project Accountant to integrate new business lines onto the relevant IT platform and ensure correct accounting postings and mapping into SUN
• Identify areas to improve efficiencies within SUN and the wider accounting function
• Maintain awareness and comply with all anti-money laundering legislation, regulations, policies and procedures relevant to Conister Bank Limited
• Comply with all policies and procedures relevant to the role. 

Principle Accountabilities

• Head of Finance

Knowledge, Experience and Skills

• Min of 5 years’ experience in the finance sector
• ACCA or ACA qualified
• Supervisor/ System Administrator SUN/VISION account systems
• Report writing
• Systematic work approach and excellent attention to detail.
• ICEB Administrator or similar experience

Working Relationships

• Directors and Managers within the Group.
• External Auditors
• Banking relationships
• Sapphire Systems
• All depts. within the Group

Decision Making Authority

• A signatory on Bank Mandate
• Level 2 on SODA

Competency Framework

• Judgement - Level 3
• Communication - Level 4
• Teamwork - Level 4
• Adaptability and Learning - Level 3
• Planning and Accountability - Level 4
• Using Technology - Level 3

Structured Finance Officer

We have an exciting opportunity for a Structured Finance Officer to join our team!

As Associate you will support the Structured Finance team in onboarding clients, managing/amending facilities and ensuring that a customer focused service is delivered. You will be responsible for the administration of the onboarding process for new facilities, undertaking due diligence across all transactions.

To excel in this role you will have a systematic approach to work with the ability to deliver to deadline, whilst maintaining attention to detail, and confidently be able to offer recommendations and advice to the business. You will also have 5 GCSEs (or equivalent) at grade C or above including Maths and English.

We will consider both fixed term and permanent applicants for this role.

Please see below for a full job description or to apply.

General Purpose

The Job holder will support the Structured Finance team in onboarding clients, managing/amending facilities and ensuring that a customer focused service is delivered. They will be the administrative custodian of the complete process of onboarding New Facilities and will be responsible for undertaking due diligence across all transactions.

Key tasks and responsibilities

• Ownership of all administrative tasks, processes, and documentation for the Structured Finance team
• Assist in producing initial draft proposal and term sheets
• Undertake due diligence across all transactions, ensuring that each stage is logged and approved through the document storage system, ensuring that all items on the onboarding checklist have been satisfactorily met
• Support the structuring of Wholesale Facilities
• Document negotiations and if required produce Minutes of meetings
• Assist with the preparation of relevant legal documents (depending on experience)
• Support work and communication with lawyers, accountants, and relevant experts
• Aid correspondence with existing customers reference funding requirements and future drawdowns; updating forecasts, possibly a CRM and internal departments (Finance and Treasury)
• Provide client support, answering or, where appropriate, escalating queries to support and manage the facility
• Manage and process facility drawdown requests, work effectively with the operations team to complete within agreed service levels
• Populate Board, Credit packs and supporting information for Structured Finance Credit Committee meetings as per meeting schedule
• Ensure timely completion of all mandatory on-line training modules assigned to you
• Continued professional development of knowledge and understanding of the finance industry including the Company products and services, clients, competitors, introducers, and markets
• Maintain awareness and ensure compliance with applicable laws, service standards, company policies and procedures, anti-money laundering legislation, agreed operational and control processes relevant to the Company
• Identify and drive own personal career development needs through self-analysis and feedback from others
• Promote and adhere to the Company’s culture and values, also the Structured Finance Departmental Action Plan.
• Carry out any other duties as may be reasonably required by your Line Manager
   

Principle Accountabilities

To the Executive Director, Structured Finance

Working Relationships

• Existing Customers
• Credit Analysts
• Auditor and Surveyor – Structured Finance
• Group Compliance & Risk team
• Third parties: lawyers, accountants etc.

Knowledge, Experience and Skills

• 5 GCSEs (or equivalent) at grade C or above, including Maths and English
• Financial services experience, preferably in banking or corporate finance
• Demonstrable experience and a proven track record in a similar role or academically capable in this field
• RQF Level 6 or higher (or equivalent) qualification advantageous but not essential
• Excellent reporting skills
• Highly numerate and proficient in MS Office
• Systematic approach to work with demonstrable ability to deliver to deadline, whilst maintaining attention to detail
• Ability to review and evaluate financial information against the requirements of the business
• Confidently able to offer recommendations and advice to the business
• Outstanding commercial acumen, solid grasp of business aims and objectives

Competency Framework

• Planning and Accountability - Level 2
• Adaptability and Learning - Level 2
• Judgement - Level 2
• Communication - Level 2
• Influencing Results - Level 2

Senior IT Engineer

We are recruiting and on the lookout for an Senior IT Engineer.

You will be responsible for providing effective IT support and the administration of the company’s IT systems, virtual environment, servers, email and supporting systems. As an integral part of the IT team, you will be a key person for delivering and supporting change across the Group systems.

To excel in this role you will have a minimum of 5 years IT experience in a similar position and hold a relevant IT qualification. You will be highly motivated and able to work under pressure to meet tight deadlines.

Please see below for a full job description or to apply.

General Purpose

Provide effective IT support, and administration of the company’s IT systems, virtual environment, servers, email and supporting systems. As an integral part of the IT team, you will be a key person for delivering & supporting change across the Group systems.

Key Responsibilities

• Virtual environment (VMWare / SAN / etc.)
• Active Directory & all related functions (i.e. profiles, scripts, GPOs, etc.)
• Microsoft Servers & Exchange
• Cloud Computing Technologies
• SQL servers & database maintenance
• Threat protection applications
• Maintain system monitoring systems
• Network services, hardware, power, and cabling
• Firewall, internal routing & switching management
• All Client hardware and operating system support
• Strong problem-solving capability

Desirable Knowledge, Experience and Skills

• Core banking applications an advantage
• Core lending applications an advantage
• ServiceDeskPlus and Manage Engine Applications (Self Service, AD audit)
• Intranet & Company websites
• Strong problem-solving capability
• Highly motivated individual
• Can demonstrate a passion for customer service
• Can demonstrate a passion for personal development
• Ability to work under pressure and to tight deadlines
• Must have excellent documentation skills
• Ability to work as a team as well as an unsupervised individual

General Obligations

• Support, maintain, document, and improve all utilities, processes, procedures, and interfaces relating to Primary Responsibilities
• Keep the IT ServiceDesk updated on a daily basis
• IT support - ensuring the resolution of issues, and provision of client / server applications, desktop applications, and telephony systems to our end users
• Strive to keep costs down without detriment to Primary Responsibilities
• Strive to simplify process and improve efficiency without detriment to Primary Responsibilities
• Assist in the day-to-day IT function and tasks as deemed necessary by the Head of IT
• Liaise effectively with outsourced 2nd line support providers and 3rd party suppliers
• Communicate and record any disruption to services in a timely and appropriate manner
• Take a proactive role in larger change projects as and when necessary
• Examine new technologies and assist the Head of IT in identifying important advances and trends in IT support and how they may benefit the Group
• Strive for continual improvement in all verbal & written communication

Principle Accountabilities

• Fully accountable to the Head of IT for all work carried out on all Primary Responsibilities
• Accountable to the primary owner of all secondary responsibilities for work undertaken
• Refer to the Head of IT where changes to business process / procedures are planned, which may affect internal customers or day to day activity
• NB: The Head of IT has ultimate responsibility and accountability for all IT related functions.

Knowledge, Experience and Skills

Essential

• Relevant Microsoft Accreditation (E.g. MCSE / MCSA)
• Strong knowledge and experience of Windows Server & Network environments
• Strong knowledge of Microsoft Exchange and Exchange online
• Strong Knowledge of VMware (Vcenter, ESXi and SRM)
• Strong working knowledge of major networking components, network operating systems (Juniper, Cisco and Fortinet)
• Strong written and verbal communication skills with an ability to create good relationships with users and other team members
• Ability to self regulate in pressured or stressful situations
• Ability to self motivate with a desire to improve existing IT processes and practices
• Strong knowledge of MS Office applications

Desirable

• VBA & SQL scripting skills

Working Relationships

• Must develop and maintain productive relationships with all staff members
• Must develop a friendly & helpful demeanour when communicating internally and externally

Competency Framework 

• Judgement - Level 3
• Communication - Level 3
• Using Technology - Level 3
• Planning and Accountability - Level 3

Head of Credit Risk

We have a unique opportunity for a Head of Credit Risk to join Conister Bank, part of the AIM listed financial services company, Manx Financial Group PLC.

Reporting to the Bank’s Credit Committee you will join our Senior Management Team and will lead and manage a team of experienced Underwriters. You will be expected to analyse and assess credit proposals prior to their submission to our Credit Committee and Board, and you will be responsible for challenging credit policies, processes and controls. This position has the option to work remotely or within our IOM or UK offices.

To excel in this role, you will have:

• a proven track record in a senior credit risk role within the financial services industry;
• an in depth understanding of financial statements and the principles of lending;
• an excellent understanding of the relevant IOM and UK Regulatory requirements relating to the provision of credit facilities; and
• have dynamic leadership and management skills.

In turn, you can expect the salary and benefits to be commensurate with the importance of the position.

Please see below for a full job description or to apply.

General Purpose

The Head of Credit Risk will be experienced in all credit products including Structured Finance, Asset Finance, Regulated and Non-Regulated Lending. The jobholder will be required to conduct credit assessments in accordance with delegated limits ranging from £500K and above.

The jobholder will be required to analyse and assess credit proposals received from customers/partners prior to submission to the Credit Committee and the Conister Bank Limited Board (and its subsidiary Board).

To liaise with colleagues across the business to ensure all relevant credit policies are being adhered to and to ensure teams are working to service levels for excellent customer service.

The jobholder will have the opportunity to challenge credit policies, processes and controls and will have line management responsibility for the Credit team.

Key tasks and responsibilities

• Lead, manage and coach the Credit Team.
• Monitor and ensure optimal resource allocation amongst the Underwriters.
• Critically and objectively assess and challenge credit applications prior to submission to Credit Committee and the Conister Bank Board.
• Analyse affordability measures, financial crime risks and fraudulent applications, and credit backgrounds.
• Provide industry regulatory expertise and understanding to the business in order to strengthen future credit and risk frameworks.
• Produce reports on trends, volumes and data relating to applications to the Board and Senior Management Team.
• Adhere to the Credit Policy, credit guidelines, service levels in accordance with the Banks Underwriting Authority Mandate (“UAM”).
• Make credit recommendations to the Credit Committee for proposals in line with the Banks UAM.
• Work with all Divisions (IOM, UK broker and UK wholesale) to maximise opportunity.
• Assist the Credit Committee and COO to ensure the Credit Policy is current and provide recommendations on improvement and enhancements to Credit Policy and credit guidelines.
• Assist the COO in automation of credit process and decisioning where applicable.
• To build and maintain flexible working partnerships both internal and externally.
• Promote and adhere to the Company’s culture and values.
• Identify and drive own and team members’ personal career development needs through self-analysis and feedback from others.

Principle Accountabilities

• To the Chief Operating Officer, Isle of Man
• Credit Committee
• Conister Bank Limited Board

Knowledge, Experience and Skills

• Professional qualification is desirable.
• Proven experience working in a senior credit role within the financial services industry or specific Wholesale Finance experience.
• Strong leadership and management skills.
• In depth understanding of financial statements and principles of lending.
• Excellent understanding of the relevant UK Regulatory requirements relating to the provision of credit facilities and KYC processes in these jurisdictions.
• Excellent interpersonal and communication skills are essential as this role will involve influencing at all levels.
• Ability to work under pressure.
• Planning and organisational skills.
• Active listening and questioning skills, with the confidence to objectively challenge.
• Highly numerate and proficient in MS Office.

Working Relationships

• Conister Bank Limited Board
• Credit Committee
• Executive Committee
• Executive Directors Conister Bank and subsidiaries
• Compliance & Risk, Credit and Operations
• Third parties: lawyers, accountants, auditors etc.

Decision Making Authority

• As detailed in Underwriting Authority Mandate and in accordance with the Credit Policy.

Core Competencies

• Customer Focus - Level 4
• Teamwork - Level 4
• Communication - Level 4
• Adaptability and Learning - Level 4
• Planning and Accountability - Level 4
• Personal Accountability and Ownership - Level 4
• Judgement - Level 4