At a Glance
- Tasks: Lead legal recoveries, manage cases, and shape recovery strategies for a fast-growing finance company.
- Company: Lovey, a top-rated finance company known for its innovative culture and rapid growth.
- Benefits: Competitive salary, autonomy in your role, and the chance to make a real impact.
- Other info: High autonomy and direct impact on business performance in a supportive environment.
- Why this job: Join a dynamic team and influence how we handle recoveries as we scale.
- Qualifications: Qualified solicitor with 5+ years of experience in debt recovery or litigation.
The predicted salary is between 60000 - 75000 £ per year.
Ranked among the UK's fastest-growing finance companies and certified as a Great Place to Work, Lovey continues to scale rapidly. As we grow, we're strengthening our recovery's function and are looking for a commercially minded qualified Legal Counsel to take ownership of this critical area and play a key role in driving performance and outcomes.
Requirements
We're hiring a qualified solicitor to take ownership of our legal recoveries and collections activity. This is a hands‑on role with real impact, you'll manage live cases, own recovery strategy, and help develop the legal frameworks that underpin our collections work. You'll act as the primary legal point of contact for recovery matters, working closely with a small in‑house collections team to deliver effective and compliant outcomes.
What You'll Be Doing
- Take full ownership of Lovey's legal recoveries function end-to-end
- Personally manage complex and escalated cases from pre‑legal stage through to enforcement
- Lead all litigation activity, including issuing claims, obtaining CCJs, statutory demands, and progressing insolvency actions where appropriate
- Make final decisions on recovery strategy across the book, including settlements, enforcement routes, and write‑offs
- Design and implement clear legal escalation frameworks, defining exactly when and how cases move from collections into legal action
- Build and continuously refine playbooks, templates, and standardised legal processes to drive consistency and scale
- Act as the central decision‑maker for all legal aspects of recoveries, supporting and directing the collections team on approach, positioning, and next steps
- Improve overall recovery performance by introducing faster, more effective routes to enforcement and resolution
- Manage recovery actions involving personal guarantees, including assessing enforceability and pursuing guarantors where appropriate
- Own and control legal spend across recoveries
- Ensure all recoveries activity is compliant with UK legal and regulatory requirements, while maintaining a pragmatic, commercial approach
- You will own and build a critical function from the ground up
- High autonomy and direct impact on business performance
- Work closely with decision‑makers in a growing lending business
- Opportunity to shape how recoveries operates as we scale
Qualifications
- Qualified solicitor in England, Scotland and Wales
- Minimum 5 years PQE
- Strong background in debt recovery, litigation, or insolvency
- Experience in a law firm recoveries team or in‑house within a lender/fintech is highly desirable
- Commercial mindset, able to balance legal risk with business outcomes
- Comfortable operating independently and owning a function end‑to‑end
- Hands‑on and pragmatic, not afraid to roll up your sleeves
About Lovey
Lovey is a leading online finance broker and lender dedicated to empowering UK SMEs. Since 2016, we've helped thousands of businesses access vital funding through our innovative technology platform and customer‑first approach.
Legal Counsel - Recoveries & Collections employer: Love Finance
At Lovey, we pride ourselves on being an excellent employer by fostering a collaborative and innovative work culture that empowers our employees to take ownership of their roles. As a Lead Legal Counsel for Recoveries & Collections, you will enjoy high autonomy and the opportunity to make a direct impact on our lending business in the UK, while benefiting from professional growth opportunities and a supportive team environment. Our commitment to compliance and excellence ensures that you will be part of a meaningful mission, driving compliant outcomes in a dynamic industry.
StudySmarter Expert Advice🤫
We think this is how you could land Legal Counsel - Recoveries & Collections
✨Get Involved in Law Societies
Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.
✨Tap into Online Legal Communities
Don’t underestimate the power of online platforms like LinkedIn and specific legal forums. Get active in discussions or share your thoughts on recent legal developments – this not only builds your visibility but also showcases your passion and knowledge in law.
✨Attend Career Fairs and Workshops
Look out for career fairs and workshops specifically focused on law. Many law firms, including Love Finance, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.
✨Leverage Your University’s Career Services
If you’re still in university or have recently graduated, latch onto your career services! They often have connections with law firms looking for graduates and can guide you through the application process tailored for the legal sector.
We think you need these skills to ace Legal Counsel - Recoveries & Collections
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at Love Finance, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.
Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in Love Finance and the specific role of Legal Counsel - Recoveries & Collections. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.
Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for Love Finance’s culture!
How to prepare for a job interview at Love Finance
✨Know Your Legal Principles
Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
✨Be Ready for Case Studies
Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.
✨Show Off Your Research Skills
As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at Love Finance.
✨Exude Professionalism and Confidence
In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at Love Finance.
