Debt Reporting Manager

Description

At iwoca we believe finance should make life easier, not harder, for small businesses. When small businesses go to traditional lenders they are forced to deal with long waits, absurdly rigid criteria, and impersonal bureaucracies. We believe small businesses deserve a financing service that strips out the hassle; that gets to know each customer’s needs; that generates opportunities instead of problems. iwoca is finance, custom-built to expand possibilities for small business. Since 2012, we've made finance available to over 50,000 businesses across Europe and lent over £1 billion. Our customers include everything from cafés to car dealers, salons to solicitors.

We are currently hiring for a Debt Reporting Manager to join our team in London.

An overview of the role:

• You and the Debt Reporting Team will be responsible for the reporting and support of financing facilities throughout their lives;
• This is a newly established team and you will work in parallel with the Capital Markets Structuring Function to implement transactions;
• Each new transaction will have an appointed implementation manager with the Debt Reporting Manager having significant oversight over this role;
• You will be responsible for engaging and working with multiple internal stakeholders, including the Finance function more generally, Risk Tech Implementation;
• Given the structure of the business, there is no clean dichotomy between servicer reporting and cash manager reporting. The Debt Reporting Team shall be involved at an earlier stage of reporting than would be typical for a more standard cash manager role as a result;
• Ongoing responsibilities will include:
  • Ensuring the timely and accurate reporting of necessary investor reports to end investors and (where applicable) regulators;
  • Assisting in the implementation of transactions from a reporting and operational perspective;
  • Liaising with other internal stakeholders to ensure seamless integration of transactions
  • Ensure continuity and timely reporting on an ongoing basis
  • Anticipate reporting issues and prevent them at the structuring stage

Requirements

We are looking for candidates with the following:

• Significant demonstrable experience in a cash management / investor reporting role - either at a servicing entity, or a specialist cash manager;
• Experience in leading/ managing a team of specialists;
• Knowledge of regulations and other factors affecting securitisation debt reporting and debt reporting more generally;
• Experience working with SME loans, credit cards, working capital facilities, or overdraft facilities is preferable
• Fluent English language skills are required and German language ability would be advantageous

Benefits

What’s life like as an iwocan?

We all enjoy:

• Bright, modern office spaces in Tottenham Court Road and Covent Garden
• Competitive salaries which we regularly benchmark to ensure we pay everyone fairly
• Two company retreats a year (in places like the French Alps or Spanish seaside)
• Pool, ping pong, foosball tables and tournaments and yoga
• An ever-growing number of clubs including climbing, chess, football and boxing
• Plenty of drinks and snacks in our office kitchen
• A paid volunteering day each year, for you to support your chosen charity

Just for you:

• Medical insurance from Vitality, including discounted gym membership
• Stock options
• Enhanced maternity and shared parental leave
• A workplace nursery tax benefit scheme
• 25 days holiday per year and an extra day off on your birthday
• Extra leave if you want to travel or study
• Special celebrations for anniversaries and long service including sabbatical
• Flexible working
• Cycle-to-work scheme

And to make sure we all keep learning, we offer:

• Tickets to tech conferences across Europe
• Company-wide talks with internal and external speakers
• A calendar of meetups we host at our office
• Access to learning platforms like Treehouse if you want to learn to code.