J3040 - Legal Account Manager - UK, Greater London / Surrey (Hybrid) - Asset Finance

Job title: J3040 - Legal Account Manager - UK, Greater London / Surrey (Hybrid) - Asset Finance
Contract type: Permanent
Location: Surrey
Function: Collections / Recoveries, Legal / Compliance,
Reference: J3040
Contact email: careers@newleafsearch.com
Contact phone: +44 203 740 7222
Job Published: August 10, 2022

Job description

​J3040 - Our client is seeking a Legal Account Manager to focus on litigation arrears collection within the Recoveries function. You must have good experience and technical expertise in all areas of the collections and recoveries process.

Excellent salary, bonus and benefits. Location: UK, Greater London / Surrey (Hybrid).

KEY RESPONSIBILITIES:

  • Manage a portfolio of litigation cases within the Recoveries function.

  • Work with our solicitors, suppliers, and broker partners to bring a positive impact to the collections process and maximize recoveries.

  • Utilise the legal system with the support from solicitors to make a recovery whilst managing costs to the business.

  • Arrange sustainable repayment plans through effective evaluation of income & expenditure with customers.

  • Carry out financial checks on customers i.e. Land Reg, CAIS, Business IQ Reports.

  • Review contractual documents and terms & conditions to identify information that can add value to the recovery process.

  • Take responsibility for managing occasional project and development work in the team to a high standard and within deadlines.

  • Understand the importance of identifying vulnerable customers and how they should be treated differently from a strategy perspective.

  • Responsible for completion of the collection and recovery process to minimize risk, prevent arrears and ensure the timely collection of payments.

  • Liaise with Asset Management to obtain valuations on delinquent accounts, ensure these are recorded and information used to make informative and balanced decisions.

  • Review cases for bad debt provision recommendation.

  • Strategically review accounts where recovery is unlikely or not cost-effective make recommendation for write-off.

  • Liaise with Recoveries Team Leader on serious delinquencies and help to minimize losses.

PERSON SPECIFICATION:

  • Collection’s experience ideal but not essential.

  • Knowledge of contract and consumer credit.

  • Asset Finance and Leasing or Motor Finance background advantageous.

  • Strong negotiator and decision maker.

  • Excellent communication skills both verbal and written.

  • Ability to work within a structured process, managing tasks efficiently and effectively.

  • Working knowledge of Alfa useful but not essential.

  • Strong Microsoft Office skills especially excel

  • Good organisational/time management skills.

  • Ability to work under pressure.

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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