At a Glance
- Tasks: Lead UK collections, negotiate payment arrangements, and optimise outcomes with innovative strategies.
- Company: Dynamic European B2B lender focused on supporting SME business owners.
- Benefits: Competitive salary, career progression to Head of Collections, and a supportive team environment.
- Other info: Opportunity to shape the future of collections in a fast-paced, innovative company.
- Why this job: Join a growing team and make a real impact in the world of business lending.
- Qualifications: 4+ years in collections, strong communication skills, and a passion for data-driven solutions.
The predicted salary is between 50000 - 60000 £ per year.
My client is a European B2B lender with an innovative working capital solution for SME Business owners. After building a successful book in the Netherlands, they launched in the UK 3 years ago which now makes up 70% of the book. As they mature the team, we are looking for a Collections Manager to head up the remit for the UK with the goal of becoming Head of Collections if successful in the next few years. You will inherit a healthy book, existing policies to build upon and work with the CRO who is keen to bring all collections in house (with legal support where needed).
Responsibilities
- Engage proactively and intelligently with borrowers to negotiate payment arrangements, restructure lending terms, and wherever possible, to guide and retain the client.
- Optimise outcomes through escalation and enforcement including, where needed, by driving equitable legal action with our external partners.
- Operate with autonomy to "own" the UK Collections remit, but also work closely with the Head of Credit to ensure consistency with our mission and find innovative ways to develop our collections remit.
- Continuously improve and streamline processes in collection and the wider lending business to ensure efficient and effective operations.
Qualifications
- 4+ years of experience in a collection role, preferably from an alternative lender and/or with a focus on business lending.
- Strong communication skills for effectively engaging with clients, negotiating payment solutions and solving disputes.
- Legal and regulatory knowledge of debt recovery processes, insolvency and relevant court actions.
- Team player with a good ability to collaborate with cross-functional teams to achieve collective targets and provide support if needed.
- An interest in leveraging data and tech to build a better version of business lending.
Collections Manager employer: Corporate Recruitment Solutions
As a Collections Manager at this innovative European B2B lender, you will join a dynamic team that values collaboration and autonomy, offering you the chance to shape the future of collections in the UK. With a strong focus on employee growth, you will have the opportunity to advance to Head of Collections while working in a supportive environment that encourages creative problem-solving and process improvement. Located in the UK, this company provides a unique blend of a healthy work-life balance and the chance to make a meaningful impact in the SME lending space.
Contact Details:
Corporate Recruitment Solutions Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Collections Manager
✨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.
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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.
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We think you need these skills to ace Collections Manager
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 Corporate 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 Corporate 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 Corporate 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 Corporate Recruitment Solutions.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Corporate 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.
