Funding Analyst

About Salary Finance 

Working with employers, we provide a financial wellbeing platform as an employee benefit, helping employees to understand their money better, get out of debt faster and save for their future. We already have a reach of over 4,000,000 employees through our relationships with over 600 of the biggest companies in the UK. 

By improving employee financial wellbeing, we have a very real and meaningful impact on people’s lives. We remove the stress and worry associated with financial difficulties by dramatically reducing the interest rates employees pay on their personal debt, and provide them with the tools needed to start saving sooner and be more financially secure. We are backed by some of the biggest brands, including investments from Blenheim Chalcot (the UK’s leading venture builder), Legal and General (the FTSE 100 insurer and asset manager), Experian and Goldman Sacs, and funding partnerships with JP Morgan and Virgin Money. 

Launched in 2015, we have made excellent progress, and are scaling fast. We are named BITC’s Responsible Business of Year 2018, included in KPMG’s Global Fintech 100, listed top of the Forbes' list of socially-responsible startups, and profiled by the Financial Times, the Times, the Wall Street Journal, the Guardian, the Telegraph, CityAM and the Institute of Directors. 

Your role in our mission

We’re recruiting for a Funding Analyst to join our Finance team at Salary Finance, reporting to our Head of Funding, Financial Planning and Analysis.  You’ll be responsible for managing our cash which will include; managing our debt facility requirements, monitoring the cash flow needs of the business, developing cash management processes and controls, managing our hedging strategy and generally being passionate about all things cash. This role is an excellent opportunity to further develop your career in an exciting FinTech scaleup.

What you’ll do

• Management of cash flow forecasting and liquidity requirements to ensure effective monitoring and utilisation of business cash; meeting funding requirements and operational needs.
• Managing draws from all existing and future debt facilities and being the main point of contact for lenders during the drawdown process.
• Ensuring existing facility terms are implemented, including designing and implementing processes to support existing facilities and any variations to existing facilities.
• Monitoring compliance with covenants and triggers across all existing and future debt facilities, including securitisation structures.
• Preparing all servicer reports for lending facilities, and being the main point of contact for lenders for any queries relating to the reports.
• Be proactive in enhancing the existing process and controls; building and maintaining a highly controlled cash management environment.
• Managing hedging strategy and appropriate execution of swaps to meet debt covenants. 
• Build strong relationships with key stakeholders; both internally and externally.
• Working cross functionally to manage existing product funds flow requirements and to design, optimise and develop new flows as needed. 
• Setting up and managing new banking relationships.

About you

• Have a “can do” attitude and a problem solving mentality - you always look to improve new or existing processes.
• Are a qualified accountant or treasurer and can demonstrate relevant experience of operating and improving cash management processes, specifically within the regulated consumer lending sector. 
• Can present complex technical details, concepts and information in an easy
  to understand format.
• You have demonstrable experience of building high quality cash management processes.
• Have real enthusiasm to work in a fast growth start-up - you will thrive if you are a self-motivated, fast-paced, action oriented, “roll up your sleeves and get-things-done” sort of person who wants to work in a small team where everyone makes a difference. 
• Are passionate about technology and social impact and want to help grow a business that delivers a meaningful difference to society.
• Degree educated, preferably in a mathematical or finance related subject.

Awesome if

• You have previous experience in the FinTech industry and/or a scale up business.
• Experience with securitisation strcutures. 

Who you are

We embrace our differences, but have some key common values. It’s important to us that you are:

• fearless, and able to make the impossible possible.
• responsible, and want to help build a business that delivers a meaningful difference to society.
• dedicated, and want to commit to an exciting journey even through the highs and lows.
• empathetic, and truly care about every colleague and customer.
• united, because you understand we achieve more when we work as a team.
• humble, and take feedback as a way to continuously improve.

What do you get for all your hard work?

• Company bonus scheme 💰
• 25 days holiday with an extra day off on your birthday 🎂
• Office first with up to a day a week working from home  🏢
• Generous company benefits to include pension and life assurance and an annual allowance to spend on medical insurance, health cash plan, denplan, gym memberships 🤸
• Enhanced policies that are family and pet friendly, to include company sick pay and peternity leave 🐶
• Great career development in a fast paced environment 🚀
• Regular company socials (post covid, although we've got quite good at virtual ones too!)
• Volunteer days as part of our CSR program 🤝
• More great perks to include weekly snacks, tuckshop, cycle to work, help to save and much more! 🍭

The typical interview process

• Phone call with our Talent Manager - 20 mins
• Video interview with Hiring Manager - 30 mins 
• Case Study to give you a taster of the role - 35 mins
• In person interview with Hiring Manager, Head of Department, Stakeholder, and / or Team -  60 mins

We’re looking for people that will get stuck in and make a difference. We have a great collaborative, entrepreneurial team and are passionate about what we do. If you want to join a team that is changing people’s lives for the better then we’d love to hear from you.

Learn more at salaryfinance.com

Salary Finance is proud to be an equal opportunities employer. We celebrate diversity and are committed to creating an inclusive work environment where all employees and applicants can flourish.

If there’s anything we can do to accommodate your specific situation, please let us know.