Business Manager
Employee | Wholesale Banking | Professional | United Kingdom | London | 2024-11-12 | REQ-10084980
Department Overview
AF sits within the Capital Markets & Advisory (“CMA”) division of WB and provides structured financing for private equity-backed acquisitions (LBOs) that aim to optimize their capital structures by balancing debt and equity. It facilitates strategic initiatives such as mergers, acquisitions and expansions that are not feasible with solely equity financing, increasing returns on equity by use borrowed funds to finance acquisitions. AF open doors to a diverse range of capital sources, including institutional investors, providing flexible and tailormade capital structures based on the specific company’s needs and business cycles. AF is sector-agnostic and works within a wide spectrum of industries through teams in nine locations and extensive coverage through WB offices elsewhere. AF work closely with other CMA teams as well as Sectors, Financial Markets and Transaction Services in order to maximise the cross-buy achieved with the private equity clients and their portfolio companies and in order to ensure best execution and distribution of the financings AF leads.
Job Specification
The Business Manager (“BM”) provides operational support to the Head of AF, as well as working closely with the other members of the AF Management Team as well as with CMA management in the discharge of their responsibilities. In this role you will report into the Global Head of AF.
The role will focus on a few key areas:
1. Design, delivery and implementation of AF Strategy and Change plans
Work with the global head of AF, the AF Management team and CMA management to support the delivery of the AF strategy with specific focus on the AF scope expansion, taking the lead on specific actions / projects, including critically analysing opportunities and challenges and preparation of formal presentations for stakeholder review
Liaising with other stakeholders, in particular CM&A regional heads, to align priorities and coordinate joint initiatives
Play leading role in managing separation of AF Portfolio as part of Project Flyer as to impact on global AF
2. Business Administration support to Department Head
Work in conjunction with CMA Business Administrator(s) to monitor all Senior Management and Compliance requests and communications for implementation of updated procedures and guidelines, respective deadlines, and trainings, including but not limited to key control testing, quarterly business tracking, audits and other ad hoc requirements
Maintain AF global organisational structure and charts, database of FTEs, and function as liaison related to Early Career Group rotations
Maintain databases and Sharepoint data relevant to AF
Coordinating & running the agenda for the AF MT, as well as managing the follow-up actions from the MT meetings
Assist Department Head to produce regular bulletins targeted at internal stakeholders and staff
Create and maintain AF-wide training records ensuring that relevant AF staff have relevant trainings scheduled through their development pathway, including working with local CMA Heads and HR to facilitate all AF Emerging Leader and HVS designated ‘Talents’ have PDPs in place
3. Business Performance, Financial Planning & Control
Work with AF Global Head, Finance and global CMA Business Management to track business financial performance management metrics and KPI tracking
Play a leading role in progressing AF-related cross-buy reporting
Work in tandem with WB Finance to develop the dynamic plan and rolling forecasts on both cost and income sides of business
Lead quarterly DP and RFC exercises for all local AF teams
4. Governance and Non-Financial Risk (NFR)
Actively participate in all relevant Risk and Control Self Assessments (“RCSA”), as well as contributing to gap analysis exercises related to the implementation of new / amended policies and control standards
Act as central SPOC on all CAS Audits, QA exercises, PARPs, and training reviews
Track KYC performance for AF teams globally
Keep track of (and send out reminders for) departmental status for all mandatory trainings and compliance workshops to ensure no delays past deadlines
5. Communication
Work with global CMA Business Management to ensure that the internal CMA ‘story’, and AF’s role within this, is at all times presented internally in a consistent manner
Prepare internal presentations and briefings and conduct ad hoc analysis on a diverse range of topics where required
6. Managing AF Record-keeping, IT Access and Filing
Work with AF Business Administrator and relevant secretaries/PAs to maintain all department contact lists, team email distribution lists, diary entries and circulating quarterly updates to relevant stakeholders
Serve as a primary delegate for all Vantage reviews and periodic / quarterly IT access reviews for Global Head AF direct reports, liaising with secretaries/PAs to further delegate and coordinate these tasks in an orderly fashion
In coordination with relevant counterparts, ensure all governance and departmental standards manuals are accessible to all AF staff
Career Potential
The successful candidate will gain an in-depth knowledge of the AF and broader CMA business and how it interlinks with the other parts of the Wholesale Bank (WB). This role will enable the candidate to further expand their internal network and will provide opportunities in the future to specialise in areas such as change management, governance and non-financial risk.
Profile
The candidate is able to work independently and can plan and make priorities without sacrificing on quality and deadlines. Next to that you can demonstrate a collaborative mindset to get the job done.
Qualification/Education
Essential:
Bachelor’s degree in business administration, finance or relevant field.
Alternatively, can show strong analytical skills from another discipline
Experience/Knowledge
Essential:
Experience working in a fast-paced, dynamic environment
Demonstrated competence with PowerPoint, Excel and SharePoint
Helpful:
Track record of utilising Power BI to simplify / improve reporting processes
Experience in interpreting and implementing policies, control standards procedures, and controls
Personal Competencies
Essential:
Excellent communication skills (English - verbal & written)
Attention to detail and strong analytical skills
Team player
Self-starter, with excellent organisational skills and ability to establish and deliver on priorities.
Enthusiasm for continuous improvement and being part of a high performing team.
Stakeholder management capabilities
Questions about this opportunity?
Feel free to contact Lester Deeble, Recruiter. e-mail: lester.deeble@ing.com or Phone: +44 (20) 77676449