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 with a strong focus on teamwork.
- Benefits: Enjoy a competitive salary, fantastic bonuses, and comprehensive benefits.
- Other info: Opportunity for personal development and career growth in a supportive environment.
- Why this job: Make a real impact by driving collections strategies and leading a dynamic team.
- Qualifications: Experience in Asset Finance Collections and strong leadership skills required.
The predicted salary is between 65000 - 65000 £ per year.
To £65,000 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 Manager. 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.
- 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 Plan with each member of the Collections team and execute upon that plan.
- Being accountable for the results and performance of the Collections team.
- Effective monitoring and management of workflow queues and activities.
- Be 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 asset finance portfolio.
- Assess each arrears account and assist the team to make appropriate recommendations to management as to the most appropriate action to resolve, and also treat the customer fairly.
Collections Manager – Asset Finance employer: CBC Recruitment Solutions
Join a well-established and respected provider of business lending solutions in East Kilbride, where you will lead a dedicated team of collectors in a supportive and dynamic work environment. The company prioritises employee growth through comprehensive training and coaching, ensuring that you have the tools to succeed while fostering a culture of fairness and respect for customers. With a strong focus on teamwork and professional development, this role offers a unique opportunity to make a meaningful impact in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Collections Manager – Asset Finance
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like CBC Recruitment Solutions. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Collections Manager – Asset Finance
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to CBC Recruitment Solutions.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on CBC Recruitment Solutions's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at CBC Recruitment Solutions
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with CBC Recruitment Solutions.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at CBC Recruitment Solutions will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former CBC Recruitment Solutions employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
