The role in a nutshell: Management of the corporate credit underwriting and wholesale administration teams. Providing detailed financial analysis, recommendations and underwriting services in relation to lending for our corporate customers and dealer partners for TFSUK, Mazda, Kinto and One Toyota Fleet Team.
A bit about the ‘Department’: The Corporate Credit team compete analysis, recommendation and underwriting for lending of funding requests ranging from £125k to £250m for submission to our UK Underwriters and European Credit Committee. Whilst the Wholesale administration team manage the day-to-day funding requirements for our Dealer Partners.
What you’ll be doing:
- Carry out regular reviews with the Corporate Credit and Wholesale Funding team identifying performance shortfalls and implementing remedial actions.
- Exercise an appropriate Centre, Fleet Customer and Kinto underwriting authority in line with the UK POD.
- Work with senior management teams from the Dealer Network to develop relationships and funding solutions.
- To deputise for the Senior Manager Corporate Credit & Operational Services as required and act responsibly in all matters.
- Oversee performance against published service standards in terms of response times and other commitments, monitoring Department SLA’s and job lists.
- Oversee the management of the administration of wholesale stocking facilities; Schemes, Plans and Credit Lines and interest rate controls.
- Manage the administration for new Dealer proposals / credit line increases including acquisitions / take overs etc.
- Management of the administration of critical risk situations, rejected payments, cash trading, receivership, liquidation or bankruptcy and the closure of Dealerships, assisting with repossession and accounting for assets.
- Manage all legal matters relating to debentures, securities, mortgages, acquisitions, and sales with the centre and fleet network.
- Operate within the UK product approval matrix, requesting new products where required.
- Ensure all loading of vehicles, system amendments and monitoring of over-line situations are handled appropriately and in-line with the company’s Hoshin and/or in support of MNSC.
- Management as appropriate of tasks associated with SOX compliance, audit.
What you’ll get to own:
- Recommendations for lending, security and LTV’s across TFS, Kinto and One Toyota Fleet team reviews.
- You will see improvements through to the end with ongoing follow-up and confirmation that the business has actioned agreed plans.
- Distribution of meeting minutes and recommendations from Network/ Fleet and Mazda Risk Committee meetings.
- Building and owning relationships with staff members from other teams that you can use to effectively perform your work.
Requirements
Key Experience & Skills:
- Previous experience of interpreting corporate accounts, performing financial analysis and underwriting of corporate customers.
- Ability to analyse data and identify trends.
- Good understanding of Microsoft Office products, specifically Excel (v-lookups, x-lookups, pivot tables, macros).
- Basic PowerPoint and Power BI skills.
Attributes & Behaviours:
- Excellent verbal and written communication skills.
- Keen problem solver.
- Numerate with an aptitude of working with figures/data.
- Capable of building strong working relationships and liaising with all levels of staff/management and external customers.
Benefits
At Toyota Financial Services (TFS) it is more than just an externally bench-marked salary and bonus, we also offer:
- Hybrid working pattern is 2 days in the office and 3 days from a location of your choice.
- Access to attractive car schemes for you (& your family) for Toyota & Lexus cars
- Excellent pension scheme (up to 6% employee contribution and 15% employer contribution).
- Generous annual leave of 25 days which increases with service and holiday purchase option
- Private Medical Healthcare (single, partner/spouse and dependent children) with Digital GP Service
- Group Income Protection cover with Aviva including physical, mental, and financial wellbeing services
- Employee Assistance Program
- Eye tests
- Onsite gym, Sports and Social Club, & flu jabs to keep you healthy
- Wellbeing hour each month and many more initiatives throughout the year to encourage a healthy mind and body, and to raise awareness and celebrate diversity, equity and inclusion.
- Dress for your day policy to make you feel comfortable at work
- Eco HQ, free parking & restaurant
- Two volunteering days per year
- Reward gateway voucher discounts
- Flexible working scheme and we welcome flexible working conversations at interview
- Regular 121s with your manager, a personal development review (PReview) each quarter
- A wide range of learning & development opportunities including Linked In Learning courses
- £250 contribution towards you learning something new outside of work
- Annual events (e.g., summer party, BBQ & Xmas party) including Countdown to Christmas events every December - it is so much fun!
Our Recruitment Process
At Toyota Financial Services (TFS) we value everyone and are pleased to be recognised as a Disability Confident Employer.
We are committed to supporting disabled applicants throughout the recruitment process. Should you meet the minimum criteria for this role and wish to apply under the DC scheme, you may be moved forward to the next stage. Please ensure to add this information into your application.
When it comes to recruitment, please do let us know if we can adjust our process to be meet your accessibility needs.
Some examples of how we might be able to help are listed below:
- Providing a copy of interview questions before the interview
- Organising a time and location that best suits you
- Allowing additional time for the assessment and interview
We are happy to review any adjustment on a case-by-case basis to support you to be your best self.
