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Collections Team Manager
2 months ago
Job Summary:
We are seeking a highly skilled and experienced Collections Team Leader / Manager to join our client's growing team. As a key member of the credit and collections department, you will be responsible for leading a team of collections agents, developing strategies to enhance collections, and ensuring regulatory compliance.
Key Responsibilities:
- Lead and manage a team of collections agents, providing guidance, coaching, and performance management.
- Develop and implement strategies to optimize collections and reduce delinquency rates.
- Monitor team performance and provide regular feedback and coaching.
- Work closely with support teams to address customer issues and escalations.
- Ensure compliance with regulatory guidelines, including FCA, TCF, AML, GDPR, and PCI.
- Create and maintain operational reports and metrics to track performance and identify areas for improvement.
- Collaborate with cross-functional teams to enhance customer experience and optimize collections processes.
- Stay updated with industry trends, regulations, and best practices in collections.
- Identify process improvement areas and drive initiatives to enhance efficiency and productivity.
Requirements:
- Minimum of 3 years' experience in collections, preferably in a leadership role.
- Strong knowledge of collections strategies and best practices.
- Proven track record of managing collections teams and achieving targets.
- Excellent communication and interpersonal skills.
- Strong leadership and people management abilities.
- Analytical skills with the ability to interpret operational metrics and data.
- Proficient in MS Office (including Excel) and CRM software.
What We Offer:
- Discretionary performance-related bonus scheme (capped at 10% annual base salary) following probation, paid quarterly.
- Statutory pension scheme.
- 20 days per year plus bank holidays.