At a Glance
- Tasks: Manage collections of commercial loans and negotiate payment plans with clients.
- Company: Dynamic client in Finchley, NW London, offering a supportive work environment.
- Benefits: 25 days annual leave, hybrid working, and comprehensive benefits package.
- Other info: Convenient location with excellent transport links and career growth opportunities.
- Why this job: Join a growing team and make a real difference in financial management.
- Qualifications: Experience in credit control and strong negotiation skills required.
The predicted salary is between 29700 - 36300 £ per year.
Check out the role overview below If you are confident you have got the right skills and experience, apply today.
A client based in Finchley NW London is recruiting for a permanent Credit Controller who has experience in collecting commercial loans in the UK/ Hybrid working after probation
- Core working hours - Monday to Friday 9am - 6pm would be open to 9am - 5.30pm
- Knowledee of credit reference agencies and Land Registry
Experience of lending to businesses
- Able to negotiate with customers and Excellent organisation skills
- Advanced Excel skills
- Contact early arrears clients over the phone to manage the collection of outstanding debts on accounts in arrears.
- Negotiating payment plans and new payment terms with clients.
- Correspond with debtors via telephone and email regarding queries/concerns that arise from unpaid accounts with the aim of resolving outstanding issues prior to litigation.
- Recall direct debit payments using our third-party direct debit platform: Go Cardless.
- Prepare accurate and detailed statements of accounts for files both internally and for those to be transferred to the relevant solicitors.
- Prepare and submit proof of debt forms.
- Assist in closing the loan restructures and documentation gathering.
- Assist customers when they change bank details ensuring all customer profiles are up to date.
- Collaborate with legal counsel and instruct solicitors to begin recovery and review any formal demand letters. xgikmsk
Details and benefits
- Leave: 25 days annual leave
- Location: NW London. Convenient location with easy access to public transportation (Metropolitan, Jubilee, Thameslink and Overground)
- Comprehensive benefits package, Nursery Benefit, Lease car scheme, Discount Gym Membership
- Hybrid working after probation
- Please click on the apply button to read the full job description
Credit Controller/Commercial Loans employer: Recruit Select
Join a supportive and dynamic finance team where your contributions as a Purchase Ledger Clerk will be valued and recognised. Our office-based environment promotes collaboration and growth, offering opportunities for professional development while ensuring a healthy work-life balance. With a commitment to employee well-being and a friendly culture, we provide the perfect setting for you to thrive in your career.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Controller/Commercial Loans
✨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.
✨Connect on Professional Platforms
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 Recruit Select. 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 Credit Controller/Commercial Loans
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 Recruit Select.
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 Recruit Select'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 Recruit Select
✨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 Recruit Select.
✨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 Recruit Select 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 Recruit Select 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.
