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Asset Manager

Full Time Finance

Job Description

You will manage the recovery and disposal of recovered assets, alongside assisting with setting Residual Values, providing in life asset valuations across business both at loan inception and in default arises.

This is a newly created role, meaning that you can have a meaningful and visible impact on the business by achieving above trade valuations on asset sales and minimising losses.

Working hours and location

Standard work hours are 9am to 5pm Monday to Friday.  The Collections and Recoveries team is based in our Wellingborough head office and typically work onsite three days per week.  However, as you will travel to client sites for asset inspections, we will discuss onsite requirements based on your home location. 

Benefits include:

  • Private medical insurance
  • 25 days’ annual leave (rising to 28 days with length of service)
  • Enhanced maternity and paternity leave
  • Income protection
  • Life Assurance
  • Pension
  • Onsite subsidised restaurant
  • A range of discounts and benefits through our Reward Gateway platform.

What you will do

  • Own the Asset Recovery and Sale Process to maximise returns by exploring cost effective remarketing channels. 
  • Support any Residual Value end of term assets to ensure immediate payment and loan completion and instigate asset recovery as and when necessary.
  • Provide Asset valuations to our Credit, Risk and Collections/Recoveries reams.
  • Provide Asset Management oversight to support our new and future credit decisions.
  • Conduct client visits /asset inspections to provide assurance as to the condition, maintenance and safe keeping of assets.
  • Maintain and grow our existing Recovery Agent relationships, to help aid the prompt and timely recovery of any assets subject to repossession action. 
  • Build an enhanced pool of approved Remarketing Agents that will help support an industry leading asset remarketing function.
  • Produce accurate and current Management Information to demonstrate the strategic approach, achievements and challenges being encountered.   

What you will bring 

  • At least five years’ experience as an Asset Manager dealing with a wide range of asset classes.
  • If you have less than five years’ experience, you will need to have DIPAF or MICM.
  • Experience in both regulated and non-regulated loan environment.

It would be nice for you to have

  • Background in mechanics, engineering or a related field.

Who we are

Arkle Finance is an ambitious and dynamic Asset Finance lender providing financing products to 5,000 individuals and corporate clients. We pride ourselves on delivering a high-quality, reliable and friendly service to our introducers and end clients.  Over the last three years, we have renewed our infrastructure and are now ready to accelerate our growth to realise our full potential – aided by our supportive parent, the Weatherbys Banking Group.

Next Steps

Apply now our Talent Acquisition team will be in touch within five working days.  Although not mandatory, we recommend you support your application with a cover letter.

Weatherbys Banking Group
About Weatherbys Banking Group

Founded in 1770, Weatherbys is a family run business that has evolved over the last 250 years to become a group of companies which include Weatherbys Private Bank and Weatherbys Racing Bank.

Our business is founded on relationships, and we are focussed on providing exceptional levels of personal service. As a team we not only anticipate our clients’ needs, but aim to surpass their individual expectations. Our values of being trustworthy, forward looking and acting with integrity underpin everything we do.

At Weatherbys, there is a genuine focus on providing the highest level of personal service and maintaining close relationships with all our clients. We not only look after our clients but also their families, many of whom have valued our support for generations.

We treat all our clients as individuals, regardless of gender or background and our Weatherbys Inspires initiative highlights that our services are a natural fit for all. We want to do all we can to encourage everyone to engage in their family or individual finances, in particular women. Weatherbys Private Bank is a bank where our female clients are met with trust, empathy and understanding – underpinned by the service excellence we have always extended to all our clients.

Why join us?

  • One of the best-regarded independent banking groups in the UK
  • A growing company, constantly evolving and moving forward
  • High client retention and satisfaction levels
  • A hands-on, tailored approach to maintaining close and trusted relationships with clients
  • Home to a diverse team and a warm welcome
  • Hybrid working practices that ensure we balance work and personal life for the benefit of our business and colleagues
  • A strong development ethos, helping to support and nurture talent
  • We recognise the importance of employee wellbeing and support this with a range of initiatives
  • Access to a competitive benefits package covering health and wellbeing, finance and lifestyle


Workplace Initiatives

  • Programme for parents returning to work after Parental Leave? Yes
  • Leadership development programmes? Yes
  • Mentoring programmes? No
  • Coaching programmes? No
  • Employee-led diversity networks? Yes
  • Internal women’s networking groups? No
  • Open to discussing flexible work arrangements at interview stage? Yes
  • No. of weeks paid maternity leave at full salary: 26
  • Minimum weeks tenure required to be eligible for paid maternity leave: 26
  • No. of weeks paid paternity leave at full salary: 3
  • Minimum tenure required to be eligible for paid paternity leave: 26

Gender Pay Gap Reporting

Average pay gap:

36.2%

Median pay gap:

31.6

Average bonus gap:

65.0%

Median bonus gap:

38.3%

Signatory of the UK Women in Finance Charter?

No

Targets to raise the number of women in leadership?

No

Targets to raise the number of BAME individuals in leadership?

No

Listed in the Bloomberg Diversity & Inclusion Index?

No



Programmes

  • Work experience placements
  • Internships

Employee Testimonials

Hayley Robinson, Private Banker

"Weatherbys Private Bank is a such a great place to work. You are encouraged to be individual and I am really excited to be part of the company’s growth. I truly feel valued within my role and the flexibility allows for a great work-life balance."

Michelle Pritchard, Banking Administrator

"I really enjoy working for Weatherbys Racing Bank as it allows me to combine my passion for horses with the opportunity to build a rewarding career. I’m able to develop personally, gain industry recognised banking qualifications and get involved with projects to challenge. Weatherbys really does have a ‘family’ feel and I feel so valued."

Apply Now