Renaissance Asset Finance (RAF) provide unregulated fixed term finance to its chosen customer market of small and medium sized enterprises and high net worth individuals. These are generally introduced to RAF via a network of brokers with whom RAF establishes close working relationships. The majority of the assets financed by RAF comprise of higher value private cars, collectors’ cars, purpose built taxis, coaches and other specialist vehicles. RAF also funds the purchase of a range of commercial plant and machinery as well as a limited volume of business critical soft assets. RAF prefers to finance assets that have strong collateral characteristics and identifiable second hand markets.
Key Responsibilities
- Prepare proposals received from brokers completing various searches and obtaining valuations for submission onto Underwriting
- Communicating decisions received from the underwriter, keeping sales staff and brokers updated with deal status
- Upkeep of CRM system with accurate customer proposal information
- Chasing Brokers and sales people for updates on pending and agreed proposals
- Raising and checking documentation as required
- Checking deals for payout, ensuring all necessary documentation is present and correct and in line with credit approval
- Taking responsibility and ownership of queries so that any issues which may result in a delayed payout are communicated to the sales person, broker or customer
- Activation of agreements and authorisation of bank payment
- Set up of new brokers, obtaining all required information and completing relevant searches and forms for submission to underwriting.
- Prepare broker annual reviews, completing checks and obtaining any missing information for submission to underwriting
- Orgainising post received, updating hard copy files with original documentation
- Responsible for managing risks inherent to the role by diligently observing internal policies and procedures