Who you are
* Ensures the timely and accurate distribution of reports, both internally and externally to investors and regulators
* Has strong attention to detail and the ability to manage deadlines
* Supports other team members - it's all about the team at iwoca
* Anticipates reporting issues and prevents them at the structuring stage
* Brings a growth mindset and hands-on approach to problem solving
* 2 - 3 years experience in a cash management / reconciliation / financial reporting role at a leading financial institution or fintech
* Experience working with securitisation, structured finance or similar products is desirable, with a general understanding of borrowing base mechanics, waterfall calculations and portfolio diversification
* Strong excel skills. Looker knowledge is a big bonus
* Education: 2:1 or better from a top University
What the job involves
* The Transaction Management (TM) team is responsible for the ongoing operational aspects of our predominantly asset-backed financing facilities
* As a TM team member, your key responsibilities include:
* Preparation of monthly investor reports to be distributed to our investors and other deal participants
* Periodic monitoring of Portfolio Limits, Performance Triggers and Borrowing Base calculations
* Instructing cash payments on each Interest Payment Date to investors, agents and other third parties
* Work closely with our Treasury team to ensure liquidity is managed efficiently. This includes monitoring cash levels, calculating and instructing sweeps, and executing drawdowns on our facilities
* Work closely with the Capital Markets team on the implementation of new transactions and amendments to existing facilities
* Learn to manage a full transaction lifecycle from initial set-up, managing ongoing cash flow requirements, monitoring portfolio composition and performance triggers and reconciliation with our loan reporting system
Benefits
* Work where you work best: Twice a year we rent houses in places like Sicily and the French Alps where each team can work together for a week poolside. We champion flexible working in all our teams
* Invest in iwoca: We want people to be invested in iwoca's success so after six months you'll be awarded share options
* Keep yourself healthy: We offer comprehensive health insurance and cash plans. You'll also get gym discounts and we host yoga classes in the office every week
* Start (and end) your day right: Each floor of iwoca HQ has a fully stocked fridge for breakfast and every Friday we unwind with beers and wine
* Life-work balance: We know your life outside of work comes first. We offer enhanced maternity and paternity leave for new parents plus a nursery benefit. We also have unlimited unpaid leave
* Learning and development: Whether you want to learn to code, experiment with motion design, or beat cognitive biases, you'll have time and budget to invest in your professional development