Collections Team Leader

Collections Team Leader

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead and coach the Collections team to achieve outstanding results in Asset Finance.
  • Company: Join a successful bank's Asset Finance division, known for its strong performance.
  • Benefits: Enjoy a competitive salary up to £60,000 plus fantastic bonuses and benefits.
  • Why this job: Make a real impact by managing collections and developing your team's skills.
  • Qualifications: Experience in Asset Finance Collections and strong leadership skills are essential.
  • Other info: This role offers opportunities for personal development and career progression.

The predicted salary is between 43200 - 72000 £ per year.

Location: London

Salary: To £60,000 plus fantastic bonus and benefits

Our client is the Asset Finance division of a highly successful bank. They are looking to recruit an experienced Asset Finance Collections Team Leader. The successful candidate will be a results-driven leader with a background in Asset Finance Collections. You will play a crucial role in leading and coaching the Collections team to achieve outstanding results. You will be responsible for ensuring the efficient collection of Asset Finance arrears and maintaining a pro-active collections strategy.

Your Responsibilities:

  • Line manage and coach all direct reports, including all aspects of performance management, development, conduct, sickness management, appraisals, employee administration, and recruitment.
  • Create Personal Development Plans with each member of the Collections team and execute upon that plan.
  • Be accountable for the results and performance of the Collections team.
  • Effectively monitor and manage workflow queues and activities.
  • Act as the escalation point for the Collections Officers on technical queries and take escalated calls from Brokers/Customers as required, as well as being the initial escalation point for other Functions such as Credit and Customer Service.
  • Pro-actively manage the asset finance portfolio.
  • Assess each arrears account and assist the team in making appropriate recommendations to management as to the most appropriate action to resolve, while also treating the customer fairly.

In the first instance, please send your CV in strict confidence to.

Collections Team Leader employer: CBC Recruitment Solutions

As a leading player in the Asset Finance sector, our client offers an exceptional work environment in London, where innovation and teamwork thrive. Employees benefit from competitive salaries, generous bonuses, and a strong focus on personal development, ensuring that every team member has the opportunity to grow and excel in their career. With a commitment to fostering a supportive culture, this bank prioritises employee well-being and engagement, making it an outstanding employer for those seeking meaningful and rewarding roles.
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Contact Detail:

CBC Recruitment Solutions Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Collections Team Leader

✨Tip Number 1

Familiarise yourself with the latest trends and regulations in asset finance collections. This knowledge will not only help you stand out during interviews but also demonstrate your commitment to the field.

✨Tip Number 2

Network with professionals in the asset finance sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.

✨Tip Number 3

Prepare to discuss your leadership style and how you've successfully managed teams in the past. Be ready to share specific examples of how you've coached team members to achieve their goals and improve performance.

✨Tip Number 4

Research the company culture of the bank you're applying to. Understanding their values and mission will allow you to tailor your approach and show how you align with their goals, making you a more attractive candidate.

We think you need these skills to ace Collections Team Leader

Leadership Skills
Coaching and Mentoring
Performance Management
Asset Finance Knowledge
Collections Strategy Development
Customer Relationship Management
Problem-Solving Skills
Communication Skills
Workflow Management
Technical Query Resolution
Team Development
Proactive Approach
Negotiation Skills
Data Analysis

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in Asset Finance Collections. Focus on your leadership skills and any relevant achievements that demonstrate your ability to manage and coach a team effectively.

Craft a Compelling Cover Letter: Write a cover letter that outlines your passion for the role and the company. Mention specific examples of how you've successfully led teams in the past and how you can contribute to the Collections team's success.

Highlight Relevant Skills: In your application, emphasise skills such as performance management, workflow monitoring, and customer service. These are crucial for the Collections Team Leader position and should be clearly articulated.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism.

How to prepare for a job interview at CBC Recruitment Solutions

✨Showcase Your Leadership Skills

As a Collections Team Leader, it's essential to demonstrate your leadership abilities. Prepare examples of how you've successfully managed and coached teams in the past, focusing on performance management and development.

✨Understand Asset Finance Collections

Make sure you have a solid understanding of asset finance collections. Brush up on relevant regulations and best practices, and be ready to discuss how you've applied this knowledge in previous roles.

✨Prepare for Technical Questions

Since you'll be acting as an escalation point for technical queries, anticipate questions related to complex scenarios in collections. Think through your problem-solving approach and be prepared to explain your reasoning.

✨Emphasise Customer Fairness

The role requires treating customers fairly while managing arrears. Be ready to discuss how you've balanced business objectives with customer care in your previous positions, showcasing your commitment to ethical practices.

Collections Team Leader
CBC Recruitment Solutions
Location: London
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