J3017 - Legal Recoveries Executive - UK, Bucks (Hybrid) - Asset Finance

Job title: J3017 - Legal Recoveries Executive - UK, Bucks (Hybrid) - Asset Finance
Contract type: Permanent
Location: Buckinghamshire
Function: Collections / Recoveries
Salary: £30,000 - 40,000 plus excellent bonus and benefits
Reference: J3017
Contact email: careers@newleafsearch.com
Contact phone: +442037407222
Job Published: June 30, 2022
Remote WorkingHybrid

Job description

​J3017 - Our client is seeking 2 x Legal Recoveries Executives to join their collections and legal recoveries team with the remit of maximising recoveries and minimising losses on your own portfolio of bad debt cases. You will ensure the legal and commercial interests of the business are protected at all times. Salary: £30,000 - 40,000 plus excellent bonus and benefits. Location: UK, Bucks (Hybrid).

KEY RESPONSIBILITIES:

  • Maximising recoveries through negotiating settlements, payment arrangements, resolving disputes and litigation cases.

  • Liaise with lessee, external parties (Solicitors, Accountants, and Insolvency Practitioners) by telephone and official correspondence and meetings with the customer.

  • Conduct financial reviews of Customers to consider appropriate action including agreeing payment arrangements, negotiating settlement and commencing Legal proceedings to recover sums owed.

  • Support customers in financial difficulty or vulnerable situations to ensure we are treating the customers fairly and facilitating the best outcome.

  • Work with Customer Relations Department to resolve agreement disputes.

  • Managing claims through the Court process including issuing particulars of claim, handling defended cases, preparing witness statement and attending hearings where applicable.

  • Supporting on insolvency portfolio ensuring best possible outcome is achieved through novations, asset sales and settlements.

  • Collaborating with other areas of the business to share insights from the bad debt portfolio.

  • Logging payments received on Bad Debt cases and ensuring all reports are kept up to date.

  • Adhere to the Collections & Legal Recoveries guidelines in order to ensure all activity is within specified compliance requirements, and that all agreed productivity and effectiveness targets are met.

PERSON SPECIFICATION:

  • The desire and ability to overcome barriers and resolve arrears & bad debt situations in order to achieve revenue goals (both team and individual) is key to this role.

  • Experience within collections/recoveries.

  • Knowledge of contracts and consumer credit would be advantageous.

  • Knowledge of Court Process (smalls claims – essential / fast track, multitrack – preferred).

  • Experience issuing a recoveries claim and managing through the court process.

  • Banking, Leasing or Finance industry experience is preferred.

  • Experience in using Microsoft Office packages.

  • Self Motivated, Process Focussed, Results Driven.

  • Experience in busy and challenging corporate environment.

We strongly favour applicants with proven, relevant experience in Financial Services; particularly in Asset Finance and Leasing.

Applicants will only be considered with relevant in-country experience.

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Consultant

Jane Theobald

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