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Collections Executive

Interquest
Posted 9 days ago, valid for 13 days
Location

Wolverhampton, Staffordshire WV6 7NR

Contract type

Full Time

Life Insurance

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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  • Our client, a leading specialist mortgage lender, is seeking to hire a Collections Executive with a salary range of £26,500 to £28,000, plus up to a 12.5% annual bonus.
  • The position is based in Wolverhampton and offers a hybrid working policy.
  • Candidates should have previous experience in a financial support or arrears role and be comfortable communicating with customers over the phone.
  • Key responsibilities include negotiating payment arrangements, ensuring high levels of customer service, and identifying vulnerable customers.
  • The role also includes benefits such as 28 days of annual leave, a contributory pension, life assurance, and access to private medical insurance.

Our client is a leading specialist mortgage lender who provide award winning products. Due to expansion, they’re looking to recruit a Collections Executive paying between £26,500 and £28,000, plus up to a 12.5% annual bonus. This is to be based from their office in Wolverhampton, where they have a hybrid working policy in place.

You will undertake all aspects of financial support activity utilising inbound and outbound technology. Confidently negotiating payment arrangements or alternative solutions for individual customer situations, to minimise bad debts.

What is expected of the Collections Executive?

  • Communicating effectively with customers to understand their financial situation, asking exploratory questions to ensure a thorough understanding of their circumstances to agree suitable arrangements for repayment
  • Using a variety of communication channels to ensure timely interaction with customers predominantly via telephone, but also via email and letters
  • Ensuring a consistently high level of customer service through all communication methods, using appropriate tools and methods available
  • Making business and customer orientated decisions on suitable next steps whilst ensuring there is a good customer outcome throughout the journey – examples of this could include looking at reduced payments and other forms of forbearance to referring to management to apply for eviction dates.
  • Identifying customers that show signs of vulnerability and working within the Group’s framework to ensure suitable steps are taken
  • Updating system notes to accurately reflect the conversation with the customer
  • Developing your overall performance based on feedback shared from the Quality Assurance team regarding the quality of your call handling, case handling and effectiveness

What we look for in a Collections Specialist?

  • Previous experience in a financial support or arrears role
  • Comfortable speaking to customers on the phone
  • Strong verbal negotiation, communication, empathy and listening skills

What the Collections will receive?

  • Between £26,500 and £28,000
  • Up to 12.5% annual bonus 
  • Hybrid working
  • 28 days annual leave plus bank holidays
  • Contributory pension (8% employer 5% employee)
  • Life Assurance (4x salary) plus Group Income Protection
  • Access to Private Medical Insurance and Medical Cash Plan
  • Additional benefits such as Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and save as you earn scheme.

InterQuest Group is acting as an employment agency for this vacancy. InterQuest Group is an equal opportunities employer and we welcome applications from all suitably qualified persons regardless of age, disability, gender, religion/belief, race, marriage, civil partnership, pregnancy, maternity, sex or sexual orientation. Please make us aware if you require any reasonable adjustments throughout the recruitment process.

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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.