J3150 - Payout Co-ordinator - UK, Greater London / Surrey (Hybrid) - Asset Finance

Job title: J3150 - Payout Co-ordinator - UK, Greater London / Surrey (Hybrid) - Asset Finance
Contract type: Permanent
Location: Surrey
Function: Operations, Support,
Salary: Excellent salary, plus bonus and benefits
Reference: J3150
Contact email: careers@newleafsearch.com
Contact phone: 0203 740 7222
Job Published: March 22, 2023
Remote WorkingHybrid

Job description

​J3150 - New Leaf Search has partnered with a leading European financial services group in their search for a Payout Co-ordinator. Your key responsibility will be to manage and process the flow of new business activations and payouts across in an efficient, accurate and timely manner. You will also be expected to take an active role in establishing best practices to ensure Customer satisfaction.

Salary: Excellent salary, plus bonus and benefits. Location: UK, Greater London / Surrey (Hybrid).


  • Checking of agreement information in ALFA prior to payout.

  • Activating new agreements in preparation for supplier invoice payment.

  • Checking and authorising supplier invoices for payout.

  • Checking and authorising any payments due to Introducers, e.g. Commission, doc fee shares.

  • Reconciliation of agreements to be paid out before passing to Finance to run payment extract.

  • Signing of agreement documents.

  • Sending documents and welcome letter to customers once deals activated and paid out.

  • Liaison with New Business Co-ordinators in respect of payouts.

  • Follow up on outstanding documents using ALFA workflow and Business Objects report.

  • Scanning of agreement documents/packs and passing of originals to Business Administration team for external storage.

  • Communication to Finance in respect of any existing deals being terminated as part of the payout process and any amendments to live agreements.

  • Management of deferred payouts.


  • Experience working in a similar role would be beneficial.

  • Good time management and organisational skills.

  • Ability to work under pressure and on own initiative.

  • Good administration skills.

  • The ability to work at a quick pace, accurately and effectively whilst working to tight deadlines in what will often be a pressurised environment.

  • A pro-active style of work, taking responsibility for all issues/tasks within remit and capability and capable of using initiative.

  • Good numerical skills.

  • Excellent interpersonal skills.

  • Attention to detail.

We strongly favour applicants with proven, relevant experience in Financial Services; particularly in Asset Finance and Leasing.

Applicants will only be considered with relevant in-country experience.

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Jane Theobald

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