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Business Administrator

1 day ago43 views
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General Details
Advertised By:Agency
Company Name:Executive Placements
Job Type:Full-Time
Description

Duties and Responsibilities:

  • Deal & Discounting Administration:
    Prepare and submit complete and compliant discounting packs to funders. Verify deal structures, asset details, payment terms, and approval conditions prior to submission. Track deals from approval to payout and ensure adherence to turnaround times. Follow up on outstanding conditions and approvals with funders. Maintain accurate records of all discounted transactions.
  • Asset & Contract Management:
    Maintain and update the asset register. Monitor contract terms, expiries, settlements, and restructuring requests. Assist with settlement quotations and early termination calculations. Ensure proper filing and safekeeping of agreements, cessions, and supporting documentation. Support internal and external audits relating to funded assets.
  • Financial Administration & Reconciliations:
    Reconcile funder payouts against approved deals. Assist with commission calculations and tracking. Monitor receivables relating to funded transactions. Support month-end processes and reporting requirements. Investigate and resolve financial discrepancies.
  • Compliance & Risk Management:
    Ensure compliance with internal credit policies and funder requirements. Verify FICA/KYC documentation before deal submission. Maintain accurate audit trails of transactions. Identify and escalate potential risk or compliance issues.
  • Reporting & Stakeholder Communication:
    Prepare reports on deals submitted, approved, and declined, funding pipeline status, turnaround times, settlement, and restructuring activity. Act as liaison between internal departments and external funders. Provide administrative support to Asset Management and Credit teams.

Skills and Qualifications:

3 years experience in asset finance, credit administration, leasing, or discounting environment. Strong understanding of asset-based finance and funding structures. Knowledge of FICA and regulatory compliance requirements. Proficiency in Microsoft Office, particularly advanced Excel.

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Executive Placements
Selling for 1 year
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Active Ads5.44K
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