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Collections Officer

Page Personnel
Posted 3 days ago, valid for 20 days
Location

Altrincham, Cheshire WA141BL, England

Salary

£34,000 - £36,500 per annum

Contract type

Full Time

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Sonic Summary

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  • The role involves overseeing and coordinating the debt collection process for a financial services organization, requiring a strong understanding of settlement law.
  • Candidates should have prior experience in sales or collections, with a preference for those with negotiation experience in the financial sector.
  • The position offers a basic salary of £31,000, with an on-target earnings average of £42,000 through commission and bonuses.
  • This is a full-time permanent role with flexible working hours and opportunities for professional development and career advancement.
  • The company also provides a comprehensive benefits package, including pension contributions and onsite free parking.

The following will play a crucial 1-to-1 role in achieving financial objectives by overseeing and coordinating the collection process on a varied customer basis from a standalone position. This role is ideal for seasoned candidate with a keen interest in the financial services industry & who wants to progress & develop into a long-term successful collections partner. The following will require full experience & understanding of settlement law.

Client Details

This organisation is a well-established entity in the financial services industry as a market leader business & consumer recovery agency representing numerous high profile clientele & corporations. The following offer a wide range of personal business services including advisory law & debt collection.

Description

Main responsibilities consist of:

  • Maintain a thorough understanding of company policies and legal regulations pertaining to debt collection.
  • Monitor and analyse customer accounts to identify outstanding debts.
  • Maintain transparent communication with clients on case progress, challenges, and recovery outcomes over numerous instances
  • Professionally engage with debtors to secure repayments, ensuring fair and ethical treatment while safeguarding client interests.
  • Develop and implement effective recovery strategies.
  • Liaise directly with internal solicitors over ranging cases.
  • Propose and implement bespoke repayment plans, balancing debtor circumstances and client objectives.
  • Exercise discretion in resolving disputes and determining recovery approaches without supervision.
  • Maintain accurate records and prepare reports on collection activities.
  • Communicate effectively with customers and resolve any disputes.
  • Strictly adhere to GDPR, FCA, and other debt recovery regulations, maintaining ethical standards at all times.
  • Contribute to the overall customer service objectives of the company.

Profile

An ideal candidate will have:

  • Strong critical understanding of legal fields alongside financial services.
  • Strong knowledge of collection regulations and procedures.
  • Excellent communication and interpersonal skills.
  • Strong analytic skills and attention to detail.
  • Proficiency in using financial software and MS Office.
  • Previous experience in sales or collections preferred
  • Negotiation experience in financial sector also considered.
  • Excellent questioning and negotiating skills
  • Strong communication and interpersonal skills
  • Resilient and empathetic attitude.
  • Excellent telephone manner & customer service skills.
  • Ability to positively resolve highly emotional situations.
  • Strong work ethic and initiative & ability to work towards target.

Job Offer

  • Basic salary of 31,000 with flex DOE.
  • Commision & bonus scheme OTE avg 42k.
  • Monthly completion bonuses of 750.
  • A permanent role in a reputable financial services company.
  • Full-time employment with flexible working hours.
  • Opportunities for professional development & career advancement & progression.
  • A comprehensive benefits package including inhouse pension contribution.
  • Onsite free parking.
  • Inhouse access to a portion of earned pay on demand.

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