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- Tasks: Lead debt recovery processes and manage high-profile client accounts.
- Company: Prestigious Silicon Valley law firm expanding in London.
- Benefits: Competitive salary, lucrative bonuses, and hybrid working model.
- Other info: Opportunity for career growth in a collaborative environment.
- Why this job: Join a dynamic team and make a real impact on debt management.
- Qualifications: Experience in legal credit control and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
This highly successful Silicon Valley headquartered US law firm is keen to hire a Debt Recovery Specialist to head up the firm’s London office debt management function.
Competitive salary plus fantastic lucrative monthly performance bonus scheme. Hybrid working of 3 days in the office/2 remote in the City of London.
Due to the continuous growth of their London office and UHNW client portfolio, the firm requires a senior level Debt Recovery Specialist who can install a strategic and functioning debt collections process, providing all round aged debt management and risk assessment to the firm's largest and most prestigious clients.
Collaborating with the Director of Administration and Managing Partner, as well as with the existing Revenue teams in London and the US, you will be required to act as the main contact for the firm regarding debt recovery and credit control matters. You will be required to review and improve existing processes and influence change across the firm in relation to outstanding debts and housekeeping.
You will lead on aged debt reviews with Partners and Fee Earners, driving billing discipline and minimising lock-up. In cases of long-term aged debt, you will work closely with both the partner and client to monitor performance and ensure effective escalation methods are agreed.
Candidates will have come from a legal credit control/debt management background handling a high-volume, high-dollar accounts receivable portfolio. You will have experience of using recognised credit management software, Aderant and Expert Collections preferred.
Other requirements are:
- ICM qualification or similar is preferred
- Strong analytical and negotiation skills; able to assess client history and offer solutions to ensure payment
- Experience of winding up petitions and the process of escalating court action for delinquent debts
- Confident knowledge of Solicitors Accounts Rules and VAT
- Knowledge of Aderant Expert Collections preferred, Power BI reporting is a plus
- Excellent analytical and financial skills with good attention to detail both personally and for the team
- Can do attitude, with good judgement, communication and relationship building skills, developed in a partnership environment
To apply, please contact Neil Hagan today.
Debt Recovery Specialist in London employer: Larbey Evans Ltd
Contact Detail:
Larbey Evans Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Debt Recovery Specialist in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field and let them know you're on the hunt for a Debt Recovery Specialist role. You never know who might have the inside scoop on openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the firm thoroughly. Understand their debt management processes and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate, but the perfect fit for their team!
✨Tip Number 3
Practice your negotiation skills! As a Debt Recovery Specialist, you'll need to demonstrate your ability to handle tough conversations. Role-play with a friend or mentor to build your confidence and refine your approach.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got some fantastic opportunities waiting for you, and applying directly can give you an edge. Plus, it shows you’re serious about joining our team!
We think you need these skills to ace Debt Recovery Specialist in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Debt Recovery Specialist role. Highlight your experience in legal credit control and debt management, especially if you've worked with high-value accounts. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our London office. Mention your analytical skills and any experience with Aderant or Expert Collections. We love seeing your personality come through!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! If you've improved debt collection processes or successfully managed aged debts, let us know. Numbers speak volumes, so include any stats that demonstrate your success.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy to do!
How to prepare for a job interview at Larbey Evans Ltd
✨Know Your Stuff
Make sure you brush up on your knowledge of debt recovery processes and the specific software mentioned in the job description, like Aderant and Expert Collections. Familiarise yourself with the Solicitors Accounts Rules and VAT, as these will likely come up during the interview.
✨Showcase Your Experience
Prepare to discuss your previous roles in legal credit control or debt management. Be ready to share specific examples of how you've handled high-volume accounts and any successful strategies you've implemented to improve debt collection processes.
✨Demonstrate Analytical Skills
Since strong analytical skills are crucial for this role, think of instances where you've used data to drive decisions. You might want to mention any experience with Power BI reporting, as it could set you apart from other candidates.
✨Build Rapport
This role involves collaboration with various teams, so be prepared to discuss how you've built relationships in past positions. Highlight your communication and negotiation skills, and be ready to explain how you can influence change within a team or organisation.