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Collections Manager

Date posted: 15 Jan, 2018
Ref: Ref:cm150117
Industry: Risk
Salary: £35000 - £40000
Location: East Midlands
Contract Type: Permanent
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Further Information

My client is an established and successful Financial Services provider based in the East Midlands. Due to growth and subsequent expansion of the Credit and Collections function they are currently recruiting for a Collections Manager. 
Reporting to the Head of Collections your main responsibilities will include;
  • To manage the daily loan arrears through the Collection team 
  • To advise and support borrowers in developing and implementing optimal strategies to return their loans to performing status
  • To assess the credibility of borrowers’ recovery plans and their ability to implement them 
  • To quickly identify those borrowers who do not have a credible recovery strategy 
  • To assess, analyse and make recommendations Collections of appropriate action on non-performing loans 
  • To liaise with any appointed Solicitor, Insolvency Practitioner and /or Receiver to recover debt 
  • To manage the Watchlist and regularly report to senior management on the progress made 
  • To liaise with the Finance Department in the identification of necessary provision
  • Demonstrably support a culture that contributes to the achievement of financial objectives of the business 
You will be a Credit/Collection professional with a proven track record in the management of distressed debt and a working knowledge of recovery strategies. My client offer a competitive salary and benefits package and scope to progress within the business. 

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