At a Glance
- Tasks: Lead strategies for loan recovery and negotiate repayment plans with clients.
- Company: Join a top independent property finance lender known for tailored financing solutions.
- Benefits: Enjoy quick career progression, salary growth, and a customer-focused culture.
- Why this job: Be part of a growing team that values excellence and offers mentorship opportunities.
- Qualifications: Experience in recoveries and collections is essential; strong communication skills are a must.
- Other info: This role offers the chance to make a real impact in a fast-paced environment.
The predicted salary is between 43200 - 72000 £ per year.
The City & Capital Group are delighted to be representing a leading independent specialist property finance lender, who are looking to appoint an experienced Recoveries and Collections Manager to their growing team. Our client is a specialist lender based in the UK that provides fast and flexible bridging loans and buy-to-let mortgages via brokers and to borrowers. With a strong presence in the market, they specialise in tailored financing solutions to meet the needs of clients. As the company continues its rapid growth, opportunities to progress within the recoveries and collections function are likely. They reward excellence with quick career progression and salary growth. The company has a customer-focused culture and is seeking someone who can help maintain low arrears and defaults through diligent recoveries and collections work. Role Responsibilities: Work closely with the Head of Recoveries and Collections to develop and execute strategies for loan recovery Contact clients through phone, email, and written correspondence to negotiate repayment plans Monitor and track account progress, ensuring timely follow-ups Support the Recoveries and Collections Manager by liaising with Solicitors and Receivers Maintain accurate records of all communications and interactions Prepare and submit reports on loan recovery status and progress Provide mentorship to the Collections & Recov…
Collections & Recoveries Manager employer: City & Capital
Contact Detail:
City & Capital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Collections & Recoveries Manager
✨Tip Number 1
Familiarize yourself with the latest trends in property finance and collections management. Understanding the current market dynamics will help you speak confidently about how you can contribute to the company's goals.
✨Tip Number 2
Network with professionals in the property finance sector. Attend industry events or join relevant online forums to connect with others who may provide insights or referrals that could lead to your application being noticed.
✨Tip Number 3
Prepare to discuss specific strategies you've implemented in previous roles that led to successful loan recoveries. Being able to share concrete examples will demonstrate your expertise and problem-solving skills.
✨Tip Number 4
Showcase your customer-focused approach during any interactions. Since the company values a customer-centric culture, highlighting your ability to maintain positive client relationships while managing collections will set you apart.
We think you need these skills to ace Collections & Recoveries Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Collections & Recoveries Manager position. Understand the key responsibilities and required skills, so you can tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasize your previous experience in recoveries and collections. Provide specific examples of how you've successfully managed loan recovery processes or negotiated repayment plans.
Showcase Your Skills: Make sure to highlight skills that are crucial for this role, such as communication, negotiation, and analytical skills. Use concrete examples to demonstrate how you've applied these skills in past roles.
Personalize Your Application: Address your cover letter to the hiring manager if possible, and express your enthusiasm for the company and the role. Mention why you believe you would be a great fit for their customer-focused culture.
How to prepare for a job interview at City & Capital
✨Understand the Company Culture
Before your interview, take some time to research the company’s customer-focused culture. Be prepared to discuss how your values align with theirs and provide examples of how you've maintained low arrears and defaults in previous roles.
✨Showcase Your Negotiation Skills
Since the role involves negotiating repayment plans, be ready to share specific instances where you successfully negotiated terms with clients. Highlight your approach and the outcomes to demonstrate your effectiveness in this area.
✨Prepare for Technical Questions
Expect questions related to loan recovery strategies and account monitoring. Brush up on relevant regulations and best practices in recoveries and collections to show that you are knowledgeable and capable of executing effective strategies.
✨Demonstrate Leadership Potential
As the role includes providing mentorship, think of examples where you have led a team or supported colleagues in their development. Discuss your leadership style and how you can contribute to the growth of the collections and recoveries function.