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Financial Collections Representative

2 months ago


Farnborough, Hampshire, United Kingdom BMW Group Full time

CUSTOMER SATISFACTION IS OUR PRIORITY: WE STRIVE FOR EXCELLENCE.

NUMBERS MATTER. DELIVERING VALUE AT BMW FINANCIAL SERVICES.

A dedicated team with outstanding communication skills and a proactive mindset is essential for providing exceptional customer support. We seek individuals who are willing to go the extra mile to find solutions that meet both customer needs and our business objectives. If you thrive in an environment characterized by open dialogue and mutual respect, and are eager to embrace a dynamic role within a driven team, consider joining us in shaping the future of tailored financial services.

BMW Group Financial Services UK is on the lookout for a Collections Advisor. This position is situated at our Summit ONE Campus.

Role Overview: Collections Advisor

As a Collections Advisor, your primary responsibility will be to enhance customer engagement to recover overdue payments while ensuring a balance between customer satisfaction and the integrity of our brand. You will assist management in implementing changes that promote process enhancements and compliance with regulations.

Key Responsibilities:

Proactively identifying cases of customer vulnerability or financial hardship Continuously monitoring vulnerable cases to support customers and mitigate negative impacts on both customers and the business Documenting and resolving customer complaints in accordance with regulatory timelines Exercising forbearance in alignment with regulatory guidelines by establishing realistic and sustainable repayment arrangements, considering both customer needs and business interests Assessing potential breaches of contract Utilizing product and business knowledge to guide customers towards optimal outcomes for their circumstances

Qualifications:

Experience in a collections environment or customer service sector, preferably within financial services (desirable). Strong organizational and communication abilities. Attention to detail and the capability to manage tasks within set timelines are essential.

At BMW Group, we are committed to fostering a healthy work-life balance for our employees. We take pride in being a flexible employer, and for many roles, it may be possible to arrange flexible hours, job sharing, compressed hours, or part-time work. We encourage discussions about individual needs during the application process to explore suitable arrangements. Additionally, we support a hybrid working model that combines remote and office work.

We are also proud participants in the Disability Confident scheme, which helps employers maximize the talents that individuals with disabilities can bring to the workplace.