Audit and Assurance Services for the Income Contingent Repayment Student Loan Monetisation Programme

Tender description

This will cover 3 related work streams critical to execution of the monetisation programme, starting with a second loan sale transaction: 1. Audit of the complex financial model used to forecast student loan cashflows, including: a. an ongoing annual audit. b. an additional audit each time a new sale transaction launch is planned. Current assumptions are that the monetisation programme will launch one transaction per year over the next 4-5 years. 2. Audit of the underlying loan pool data which the model relies upon each time a new transaction is planned. 3. Audit of the transaction prospectus: a tick and tie of numbers from the model and loan pool with relevant values in the transaction prospectus each time a new transaction is planned.