At a Glance
- Tasks: Manage client portfolios and recover debts through strategic actions and legal proceedings.
- Company: Leading independent provider of Invoice Finance based in Manchester.
- Benefits: Competitive salary, bonus, and a fantastic range of additional perks.
- Other info: Opportunity for growth in a supportive and professional environment.
- Why this job: Join a dynamic team and make a real difference in financial recovery.
- Qualifications: Experience in debt recovery and strong analytical skills required.
The predicted salary is between 29700 - 36300 £ per year.
Job Description An excellent opportunity has arisen for a Recoveries Executive within a leading independent provider of Invoice Finance in Manchester.
Key
Responsibilities: Manage a portfolio of collect out clients as directed by Line Manager professionally, tenaciously and that where appropriate suitable third party law firms or agents are engaged in line with internal legal panel firms for a mixed portfolio of Commercial client accounts.
Ensure that Riskfactor (or any future system which may replace it) is used consistently and that all stakeholders are able to view and understand our recoveries strategy along with progress and expected timescale for each case at any time by reviewing the system.
Be responsible for the collect out and bad debt provision report for one or more internal Commercial business units ensuring that the appropriate Head of Business unit approves both prior to submission to Risk and Finance.
Recovers indebtedness by pursuing securities & sales ledger, initiating legal proceedings or instructing solicitors.
In conjunction with the Risk Manager for the relevant internal Commercial business unit undertake reviews of all bad debt provisions of 25k or greater using the appropriate reporting format, that the contents are agreed with the Line Manager and the appropriate Risk Manager to help drive lessons learned.
In return you can expect a competitive basic salary, bonus and an excellent range of additional benefits.
Recoveries Executive in Manchester employer: M2 Professional Recruitment Services
As a Recoveries Executive at our leading independent provider of Invoice Finance in Manchester, you will thrive in a dynamic work culture that prioritises professional growth and collaboration. We offer competitive salaries, performance bonuses, and a comprehensive benefits package, all while fostering an environment that encourages innovation and continuous learning. Join us to be part of a team that values your contributions and supports your career development in a vibrant city known for its rich culture and opportunities.
Contact Details:
M2 Professional Recruitment Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Recoveries Executive in Manchester
✨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.
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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.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like M2 Professional Recruitment Services. 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 Recoveries Executive in Manchester
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 M2 Professional Recruitment Services.
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 M2 Professional Recruitment Services'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 M2 Professional Recruitment Services
✨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 M2 Professional Recruitment Services.
✨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 M2 Professional Recruitment Services 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 M2 Professional Recruitment Services 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.
