Funding Manager

Nicosia, Cyprus


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finance / senior-management

Funding Manager

Nicosia, Cyprus

As the successful candidate joining this global team, you are responsible for a smooth working relationship with banks. You are required to report to the banks on covenant compliance, due diligence and ensuring that scheduled capital and interest payments are not missed. This highly specialized role suits someone able to work as part of a remote team but also locally on one’s own initiative.

 

Job Description

  • Obtain at least three quotes for each funding pack
  • Contact providers to invite fee quotes
  • Ensure that a single lender isn't approached more than once
  • Deliver a funding model to compare the fee quotes received
  • Chase the quotes when they are not received
  • Compare the fees on a like for like basis
  • Keep the relevant stakeholders up to date every time a new, or updated, quote is received
  • Arrange and agree quotes for professional services
  • Prepare the brief to include details of the proposed transactions, the stakeholders, the required services
  • Collect and circulate the fee quotes
  • Include in the circulation a financial model comparing the tenders with expected rates or fees and other tenders already received
  • When agreed, ensure that a contract is entered into and that an ATIL (bespoke software) is set up for the transactions
  • Deliver all CP items that are to be provided for KYC or financial information
  • Attend weekly CP meetings and if no meetings are scheduled then set up the meetings and attend the weekly CP meetings
  • Address and deliver all items allocated for KYC or financial deliverables
  • Highlight any risks of delays to stakeholders with suggestions to iron out before it happens

Your Profile

  • University degree in Finance, Banking or a related field would be considered an advantage
  • Experience in the banking industry
  • Proven experience in the same or similar role
  • Excellent relationship-building skills, existing relationships have to be nurtured by the position in this role
  • Experienced risk assessor - Any risk of not meeting covenants have to be identified and stress-tested as soon as you become aware of it
  • Able to work remotely with colleagues in other countries as well as working as part of a local team

 

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