GE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation.
Member of Client Funding team at GE Capital - Working Capital Solutions (WCS). Responsible for managing the Client Funding processes, including Preparing Client funding schedule, Accurate and timely processing of Client reporting, Timely processing of outgoing wire transfers, Client issue resolution including repayment collections. Requires close cooperation with internal functions such as: IT, Risk, Sales, & Integrations.
Prepare Funding schedule for all Clients by global region in conjunction with the Clients as well as internal functions as IT and Risk.
Timely execution of all Funding activities part of the Funding cycle in line with the funding schedule to ensure 100% on-time funding
Send and follow-up on client reporting
Maintain and develop internal controls that support the flawless execution of all Funding activities, limiting or reducing operational risks.
Any disconnects are to be reported immediately to the Global Funding CoE Leader to take corrective actions.
Communicate & closely work together with internal teams such as: Risk, IT and Integrations.
Ensure accurate & swift response and resolution to Client queries
Maintain constant communication & feedback to the FactorLink development team
Assist where necessary in reconciliations with clients, investors and/or controllership
Follow up with clients on overdue positions
Close cooperation with the Bank Booking Team to allocate Syndication payments
Prepare & review funding payments in multiple currencies for 250+ clients globally, with a receivable balance of about $7B+ USD (for deals covered/managed thru FactorLink).
Deal execution including coverage for Europe, the Americas and Asia
Prepare & check funding reports for clients
Lead and/or Participate in improvement projects within FactorLink, Client reporting or general process improvements where required.
Actively work with Commercial, Capital Markets and Risk team on growth initiatives such as emerging markets and NPI’s.
Bachelor’s degree required
Minimum 2 years of experience in Finance
Financial & Client Account Analysis Experience
Must submit your application for employment through COS (internal candidates) or www.gecareers.com (external candidates) to be considered for this job opening.
Must be willing to comply with pre-employment screening, including but not limited to, drug testing, reference verification and background check.
Must be willing to work out of an office in Stamford, CT.
For U.S. employment opportunities, GE hires U.S. citizens, permanent residents, asylees, refugees, and temporary residents. Temporary residence does not include those with non-immigrant work authorization (F, J, H or L visas), such as students in practical training status. Exceptions to these requirements will be determined based on shortage of qualified candidates with a particular skill. GE will require proof of work authorization.
Additional Eligibility Qualifications
GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.
Bachelor’s Degree in a Commercial, Management or Finance related field
Experience in Financing Services activities
Financial Services Industry Experience
Factoring and Trade Finance knowledge and experience a plus
Factoring System knowledge a plus
Pro-active and independent problem solving skills are required, as well as the ability to think through processes, drive standardization and be a team player.
Strong ownership of your responsibilities and portfolio
Proven leadership skills, ability to drive the factoring process and other projects
Ability to build strong relationships with our stakeholders (internal as well as external)
Customer responsive, problem solver.
Ability to work under pressure in a fast paced environment
Demonstrated effective organization & multi-tasking skills and attention to detail
Excellent computer skills, including MS Excel
Knowledge of Oracle & Business Objects a plus
Excellent interpersonal and teamwork skills
Excellent verbal and written communication skills
English is a requirement
Section 19 Job
YOU MUST BE ABLE TO SATISFY THE REQUIREMENTS OF SECTION 19 OF THE FEDERAL DEPOSIT INSURANCE ACT.
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