Specialist Debt Advisor

Specialist Debt Advisor

London Full-Time 28800 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Help clients manage debt, negotiate with creditors, and provide budgeting advice.
  • Company: Join a passionate organisation dedicated to supporting those in financial distress.
  • Benefits: Enjoy a full-time role with flexible working options and opportunities for professional development.
  • Why this job: Make a real difference in people's lives while developing your skills in a supportive environment.
  • Qualifications: Must have a level 3 accredited qualification in Debt Advice and at least 2 years of experience.
  • Other info: This role requires a DBS check and offers a chance to work with diverse communities.

The predicted salary is between 28800 - 42000 £ per year.

Prospectus is passionate about supporting organisations close to the frontline, and few organisations have greater impact on lives than this one. Personal debt and its consequences have an enormous effect on individuals and families alike. Our client works with partners to provide budgeting advice and support to try and alleviate these difficulties, working with service users to prepare detailed financial statements and explore ways of maximising income and reducing outgoings. Advisers in this organisation negotiate with creditors directly on behalf of clients; set up manageable and sustainable repayment arrangements and provide full casework services.

As a Specialist Debt Adviser you will hold a valid level 3 accredited qualification in Debt Advice (accredited through CMA, IMA, Wiser Adviser or similar) or alternatively Generalist Adviser certificate (Citizens Advice or similar), and ideally a CertMAP. You will also have a thorough understanding of debt advice model with proven casework skills and experience of dealing with complex and challenging cases. You will also have supervisory responsibilities which will cover training and development, monitoring from a compliance and quality perspective, and a strong coaching capability. You will have a minimum of 2 years of experience in providing comprehensive accredited debt advice.

Your experience in executing debt solutions such as (and not limited to) DMP, Bankruptcies, DRO, Breathing Space, Write Off, and undertaking income maximisation solutions such as charitable grants, issuing food and fuel vouchers, Uswitch checks and DHP and other benefit entitlement checks/referrals etc. At a personal level you will also need to demonstrate resilience and the ability to understand and empathise with clients from diverse range of backgrounds and disadvantaged groups living in the community, in particular barriers faced by over-indebted and financially excluded communities.

You will also need to demonstrate a high standard of numeracy and computer skills, specifically IT skills with a strong command of the Microsoft Office suite with an ability to understand and analyse complex financial and other numerical information. Due to the nature of this role, a DBS check would be run on successful candidates.

Please note this is a full-time role, Monday-Friday, 35 hours per week based on site 2 days per week. If you are interested, please apply with just your CV in the first instance (in Microsoft Word format). We are reviewing CVs on an ongoing basis, so it is highly recommended to submit your application as soon as possible.

As a specialist Recruitment Practice, Prospectus is committed to building inclusive and diverse organisations, and welcome applications from all sections of the community. Prospectus invests in your journey as a candidate and are committed to supporting you in your application.

Specialist Debt Advisor employer: Prospectus

At Prospectus, we pride ourselves on being an exceptional employer dedicated to making a meaningful impact in the community. Our supportive work culture fosters collaboration and inclusivity, providing Specialist Debt Advisers with ample opportunities for professional growth through training and development initiatives. Located in a vibrant area, we offer a fulfilling work-life balance with flexible arrangements, ensuring our team can thrive both personally and professionally while making a difference in the lives of those we serve.
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Contact Detail:

Prospectus Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Specialist Debt Advisor

✨Tip Number 1

Familiarise yourself with the specific debt solutions mentioned in the job description, such as DMPs and bankruptcies. Being able to discuss these confidently during your interview will demonstrate your expertise and understanding of the role.

✨Tip Number 2

Highlight your experience with diverse client backgrounds. Prepare examples of how you've successfully supported clients from disadvantaged communities, as this aligns with the organisation's mission and values.

✨Tip Number 3

Brush up on your numeracy and IT skills, especially with Microsoft Office. You might be asked to analyse financial data or create reports, so being proficient will give you an edge.

✨Tip Number 4

Prepare to discuss your supervisory experience and coaching capabilities. Think of specific instances where you've trained or mentored others, as this is a key aspect of the role.

We think you need these skills to ace Specialist Debt Advisor

Level 3 accredited qualification in Debt Advice
Generalist Adviser certificate
CertMAP
Proven casework skills
Experience with complex debt cases
Negotiation skills
Knowledge of debt solutions (DMP, Bankruptcies, DRO, Breathing Space, Write Off)
Income maximisation strategies
Understanding of financial statements
Coaching and supervisory skills
Compliance and quality monitoring
High standard of numeracy
Strong IT skills
Proficiency in Microsoft Office suite
Empathy and understanding of diverse backgrounds
Resilience

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of a Specialist Debt Advisor. Familiarise yourself with the specific qualifications needed, such as the level 3 accredited qualification in Debt Advice.

Tailor Your CV: When preparing your CV, highlight your relevant experience in debt advice, particularly your casework skills and any supervisory roles you've held. Make sure to include specific examples of debt solutions you've executed.

Showcase Your Skills: Emphasise your numeracy and IT skills, especially your proficiency with Microsoft Office. Provide examples of how you've analysed complex financial information in previous roles.

Submit Promptly: Since the company is reviewing CVs on an ongoing basis, it's crucial to submit your application as soon as possible. Ensure your CV is in Microsoft Word format as requested.

How to prepare for a job interview at Prospectus

✨Showcase Your Qualifications

Make sure to highlight your level 3 accredited qualification in Debt Advice or any relevant certifications during the interview. This will demonstrate your expertise and commitment to the field, which is crucial for a Specialist Debt Advisor role.

✨Demonstrate Casework Experience

Be prepared to discuss specific examples of complex cases you've handled in the past. This will showcase your problem-solving skills and ability to navigate challenging situations, which are essential for this position.

✨Emphasise Empathy and Resilience

Since the role involves working with clients from diverse backgrounds, it's important to convey your understanding and empathy towards their situations. Share experiences that highlight your resilience and ability to connect with clients facing financial difficulties.

✨Familiarise Yourself with Debt Solutions

Brush up on various debt solutions like DMPs, bankruptcies, and DROs before the interview. Being knowledgeable about these options will not only impress your interviewers but also show that you are ready to provide effective advice to clients.

Specialist Debt Advisor
Prospectus
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  • Specialist Debt Advisor

    London
    Full-Time
    28800 - 42000 £ / year (est.)

    Application deadline: 2027-05-14

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    Prospectus

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