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Head of Collections

KFS Recruitment
Posted 12 hours ago, valid for 2 days
Location

Borehamwood, Hertfordshire WD6 4NB

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • Bridging Finance is seeking a Head of Customer Support and Collections Manager in Hertfordshire with a salary range of £60-80k.
  • The role requires a minimum of previous experience in a similar position, ideally within a fast-paced property finance environment.
  • The successful candidate will lead a small team, manage a portfolio of performing and non-performing secured property loans, and develop collection and recovery policies.
  • Key responsibilities include resolving contractual disputes, minimizing litigation, and maintaining high standards of financial management and record keeping.
  • Strong leadership, communication, and analytical skills are essential, along with a collaborative approach to work with legal counsel and external partners.

Head of Customer Support and Collections

Bridging Finance

Hertfordshire

£60-80k

We are working with a well established Bridging Lender, who are recruiting for a Head of Customer Support and Collections Manager for their bridging and development finance loan book. The successful applicant will lead a small, experienced team and be responsible for the efficient, ongoing management of performing loans and the recovery of loans in default.

This new role requires strong leadership skills, in-depth knowledge of collections and reporting practices for a property finance lender, and a strategic mindset to shape the future direction of the loan management and collection's operations of a growing business.

Main responsibilities:

  • Management of customer support team
  • A portfolio of performing and non-performing secured property loans.
  • Working alongside colleagues to minimise litigation
  • Resolve contractual disputes pre-proceedings and deal with contested matters up to trial
  • Maintain high standards of financial management and record keeping
  • Undertake effective due diligence processes at all times
  • Prepare and submit regular reports to keep the board informed of the status and trend
  • Meetings with, and site visits to, overdue and/or defaulted clients as necessary
  • Develop existing and build new strong relationships with external partners, such as receivers and legal counsel, to optimise collections outcomes
  • Develop and enhance collection and recovery policies
  • Working with the Group Financial Controller to develop systems to identify potential bad debts and assist with cash flow modelling

Requirements:

  • Previous experience in a similar position
  • Experience working with legal counsel, insolvency practitioners, receivers etc
  • A good understanding of legal processes and requirements regarding non-performing loans
  • A strong team player ethos, with the ability to collaborate with peers across teams
  • Experience of working in a fast-paced property finance environment with the ability to plan and prioritise workload
  • Understanding of property finance security issues
  • A desire to continually improve our processes by suggesting improvements
  • Ability to lead & scale a team
  • Highly analytical person with excellent problem-solving skills
  • Knowledge of financial statements and cash flow analysis, industry/market credit research.
  • Strong communication, interpersonal and leadership skills.
  • Must have excellent negotiation and problem-solving skills.
  • Excellent Organisational skills

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.