Collections and Arrears Specialist

3 weeks ago


Hertfordshire, United Kingdom Davies Group Full time
Make a Difference in a Challenging Environment

Our client, a specialist business lender and one of the UK's fastest growing start-up banking operations, is seeking an experienced Collections and Arrears Specialist to join their team.

Your Role:
  • Identify and support customers who fall into arrears and show early warning signs of distressed debt
  • Support the management of relevant cases on the Bank's Watchlist to reach a positive outcome for the customer and the Bank
  • Support customers with short-term payment difficulties using forbearance strategies which are in the best interests of our customers where appropriate, overseeing the lifecycle of these forbearance agreements and raising any issues that are identified
  • Support the management of all cases where the appointment of an LPA Receiver or Administrator is likely by agreeing repayment strategies and liaising closely with the Recoveries team
Your Essential Skills:
  • Experience within Financial Services
  • Experience in dealing with Solicitors and Insolvency Practitioners
  • Understanding of and expertise in Treating Customers Fairly
  • Understanding of and expertise in dealing with vulnerable lending customers
  • Strong interpersonal and communication skills
  • Ability to multi-task and coordinate a heavy workload with colleagues
Company Benefits:
  • Generous holiday allowance
  • 10% employer pension contribution
  • Annual Bonus Scheme (Discretionary)
  • Hybrid Working Environment
  • Private Health & Dental Insurance
  • Employee Assistance Programme
  • Cycle2work scheme
  • Menopause Plan
  • Emergency Office Sanitary Wear (in female toilets)
  • Birthday leave
  • 3 days Paid Carers leave (after 3 months)
  • Yearly Health Assessments
  • Loan Schemes (interest-free loan and travel loan)
  • Annual Flu Vaccinations
  • Occupational Sick Pay
  • Income Protection Insurance
  • Enhanced Maternity / Paternity leave pay
  • One-off equipment fee for Hybrid Working Environment (£100)
  • Charity Day


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