Factoring Operations Specialist

Our clients, a well know Financial Services Provider is looking to recruit a Factoring Operations Specialist into their growing team. 

Responsibilities:

• Security Documentation perfection prior to transaction handling
• Account management and setup
• All Factoring related transactional processing
• Transactional Documents Checking
• Liaise with Buyers accounting departments to verify/reconcile the outstanding ledger balances, obtain relevant information related to the receipt of underlying goods and confirm timely receipt of payments
• Handle collections and allocate funds accordingly
• Co-ordinate cheque clearing with local banks/appointed agent in a timely manner.

• Ensure any facility deviations or exceptions are appropriately approved, documented and regularly reviewed.
• Escalate delay in payments/uncleared cheques to Line Manager/Head of Operations
• Ensure adherence to systems, workflows & procedures for all activities as defined in respective manuals
• Ensure proper controls to minimise the operational risks
• Monitor and manage Debt Management Activities including collection and follow up procedures to control the overdues and minimise the losses arising out of it.
• Ensure proper and timely MIS circulation to the Clients for proper control and communication flow
• Record Operational Incidents in appropriate systems in place

• Previous experience handling Factoring Operations and debt collection
• Greek Language speaking, reading & writing proficiency would be considered an asset
• Superior analytical and Investigatory Skills
• compliance with PolMust have a solid understanding of policies and Procedures, FCI Rules for International Factoring and all statutory Bodies as applicable to the Factoring Operations.

• A tertiary degree preferably within Banking and Finance

• Health, Life and Personal Accident insurance cover
• Mortgage & Personal Loan interest subsidy
• Pension plan
• Study Support scheme