Recoveries Executive

Recoveries Executive

Full-Time 29700 - 36300 Β£ / year (est.) No working from home possible
M

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 Β£ 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 employer: M2 Professional Recruitment Services

Join a forward-thinking global Invoice Finance and Payroll Solutions provider as an Operations Manager in the Reading area, where you will play a pivotal role in shaping the culture of a new UK team. With a strong emphasis on employee growth, you will have the opportunity to develop your skills while enjoying a hybrid work environment that promotes work-life balance. The company values exceptional client service and offers a supportive atmosphere, making it an excellent employer for those seeking meaningful and rewarding employment.

M

Contact Details:

M2 Professional Recruitment Services Recruitment Team

We think you need these skills to ace Recoveries Executive

Portfolio Management
Legal Knowledge
Risk Assessment
Debt Recovery
Communication Skills
Stakeholder Engagement
Report Writing