Job Description
Arbuthnot Latham has been associated with banking since 1833. We combine private and commercial banking, wealth planning and investment management. We believe in traditional relationship and service-led banking powered by modern technology.
Our subsidiary, Arbuthnot Commercial Asset Based Lending (ACABL, based in Gatwick) is a specialist asset based lender, focused on delivering facilities to SMEs and lower mid-market corporates. They provide full asset based lending facilities plus cash flow loans in support of acquisition, refinancing, cash-out and turnaround scenarios. The business has been founded on strong established relationships with key business introducers, including leading corporate advisory, accountancy firms and Private Equity houses. ACABL's aim is to build long-term relationships with our clients and their advisors, supporting their objectives throughout the business and economic cycle.
Our two-year programme is designed to provide you with the skills and experience to help you progress your career and contribute to ACABL's and Arbuthnot Latham’s continuing success. It will be delivered in on-the-job learning which aligns to your level 6 Apprenticeship course, overviews from other parts of the Bank, exposure to Senior Leaders and opportunities to work on projects. On successful completion of the programme, your training, experience and your Level 6 external qualification will set you with excellent career prospects.
The programme is designed for students completing A level or equivalent education in 2024 or 2025 looking for their first professional role.
During the programme, you can expect to:
* Work as part of a diverse team contributing to the team deliverables
* Complete an externally accredited level 6 qualification in a specific field which involves at least 20% of your work week studying
* Build your breadth of experience through on-the-job learning
* Take part in a structured training programme covering technical industry knowledge, professional and soft skills
* Be empowered to build your leadership skills and agile thinking
* Develop relationship management skills and build your professional network
* Contribute your ideas and knowledge to a project
* Gain exposure to senior leaders, mentors and different areas of the Bank
You’ll be part of our growing community of apprentices, benefitting from a supportive and collaborative working environment.
The successful candidate must have permission to work in the UK. The apprenticeship will start on 1st September 2025.
Role Description
The Asset Based Lending (“ABL”) Apprentice will primarily focus on providing proactive support to the ACABL Underwriting and Portfolio Teams.
The Apprentice will support the team with:
* Customer Due Diligence checks
* Organisation of, and minute taking at, Internal Sightings & Credit Committee (“ICC”) Meetings
* Portfolio administrative tasks
Key Responsibilities
* Attend daily ICC discussions, learn about ABL, and with experience and training, prepare detailed and accurate minutes reflecting the outcome.
* Support the Underwriting team in preparing high quality credit papers for proposed transactions for submission to ICC.
* Follow AML / CDD procedures, preparing Risk Assessments, Search Lists and Onboarding Checklists together with required level of due diligence to enable the successful onboarding of new clients.
* Prepare fresh searches and due diligence for all new client directors.
* Ensure policies & procedures are followed and maintain good records.
* Liaise with Arbuthnot Latham Credit and Compliance teams as required.
* Visit prospects as required. Prepare visit reports as necessary.
* Recognise and report compliance breaches, errors, and potential frauds.
* Always present a positive image of ACABL.
* Study for the Level 6 Financial Services Commercial Chartered Banker Institute 18-month programme.
Key Interfaces
* ABL Underwriting team
* ABL Portfolio team
* ABL Commercial team
* ABL Senior Leadership team
Person Specification
Knowledge / Experience
* Ability to manage your time and workload effectively and prioritise your work to meet deadlines
* Solid written and verbal communications skills
* Excellent attention to detail and accuracy
* Ability to work collaboratively, develop good working relationships and build your internal and external network
* Strong interest in ABL, Banking and financial services
* Ability to adapt to change and learn new technologies
* Competence using Microsoft Office programs - Word, Excel, PowerPoint and Outlook
Qualifications
* Educated to A-Levels
* You must not already have a qualification in a similar subject at the same level, or higher level than this apprenticeship
Competencies
* Performance Focus
* Client Focus
* Working Proactively
* Team Working
* Communications and Confidence
Our Values
Our values define who we are. They ensure that we approach our work, our colleagues and our clients in the right way. Being a relationship-led organisation makes this all the more important. We know what we do as a business, our values guide how we do it.
* Integrity
* Energy & Drive
* Empowerment
* Respect
* Collaboration
About Us
Work, Life and Benefits
Arbuthnot Latham is committed to equal-opportunities for all staff and candidates. We embrace inclusion & diversity and understand why they are critical for the success of our business and people.
At Arbuthnot Latham we offer:
* Agile working
* Competitive salary, pension & holiday allowance
* BUPA Health cover
* 4 x Life Assurance
* Income protection scheme
* Discretionary bonus
* Market leading maternity/paternity and menopause policies
* Flexible benefits
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