Senior Collections Manager
2 weeks ago
The role involves managing the end-to-end collections process, collaborating with the Head of Customer Service to ensure top-notch customer service, and building strong relationships with external debt collection agencies and debt sale partners.
As a Collections Business Leader, you will be responsible for the following key areas:
- Management & oversight of Collections Strategies (letters/SMS/email/phone/live chat), External Debt Collection Agencies (DCA) and Debt Sale partners.
- Resource & capacity management to ensure collections SLAs are achieved.
- Dialler management, adapting to inbound/outbound contact rates.
- Oversight of collections KPI's and dashboards, ensuring performance is within appetite.
- Drive new initiatives to improve arrears management processes including customer vulnerability and forbearance.
- Managing a team to deliver good outcomes for customers in financial difficulty.
- QA and call monitoring of team.
- Preparing performance packs and updating senior stakeholders within the business.
- Debt sale contract management.
Skills and Experience:
- Experience of managing collections team in contact centre environment within Financial Services industry preferred.
- Strong knowledge of collections and arrears recoveries processes in relation to consumer credit.
- Experience of managing customers in financial difficulty, including vulnerability and forbearance management.
- Excellent leadership skills, working with multiple business stakeholders, influencing decisions, and driving projects forward.
- Experience of presenting performance updates and strategies to the Senior Leadership team.
- Understanding of complaints management, as well as the Financial Ombudsman Service (FOS).
- Contract and debt sale tender process management.
- Managing multiple customer touchpoints (e.g. letter, email, live chat).
- External Client Relationship Management.
- Experience in incident management, and forming customer remediation strategies (where applicable).
- Planning and prioritisation, working to strict deadlines but being fluid to changing environment.
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