Collections Manager

Do you have a strong understanding of Collections and Recoveries within consumer credit or retail finance? Our client is seeking an experienced Collections Manager to join their growing organisation on a permanent basis. This is an excellent opportunity to be part of an innovative business delivering forward-thinking credit solutions in Basingstoke, Hampshire.

The Collections Manager will be responsible for managing the end to end collections process delivering  a first class service to the customer.  The role will also include managing external debt collection agencies and debt sale partners.  The Collections Manager will be leading a team of Collections Agents, ensuring strong recoveries metrics are achieved.

This is an office based position working Monday to Friday, 37.5 hours per week.

Key duties:

• Management & oversight of Collections Strategies, external Debt Collection Agencies and Debt Sale partners.

• Resource & capacity management to ensure collections SLAs are achieved

• Dialler management, adapting to inbound/outbound contact rates

• Oversight of collections KPI’s and dashboards, ensuring performance is within appetite

• Drive new initiatives to improve arrears management processes including customer vulnerability and forbearance.

• Managing a team of 6 FTE to deliver good outcomes for those in financial difficulty

• QA and call monitoring of team

• Preparing performance packs and updating senior stakeholders within the business

• Debt sale contract management

Required skills:

• Experience of managing collections team in contact centre environment within Financial Services industry

• Experience of managing multiple DCA and debt purchaser relationships

• Strong knowledge of collections and arrears recoveries processes in relation to consumer credit, and Consumer Duty obligations

• Experience of managing customers in financial difficulty, including vulnerability and forbearance management

• Excellent leadership skills, working with multiple business stakeholders, influencing decisions, and driving projects forward

• Strong ability to identify KPI’s, and help create dashboards to improve performance

• Experience of presenting performance updates and strategies to the Senior Leadership team

• Understanding of complaints management, as well as the Financial Ombudsman Service

• Contract and debt sale tender process management

• Experience in incident management, and forming customer remediation strategies

• Strong communication skills with track record of motivating teams and driving increased productivity