|CAREERS IN LEASING|
|Salary:||Excellent plus excellent bonus and benefits|
|Location:||UK, SE Eng / Thames Valley|
|Job Function:||Credit Risk & Collections|
|Asset Type / Sector:||All Assets / Sector|
|Job Description :||Ref: J2160 - Our client is seeking a Collections and Legal Recoveries Manager - UK, SE Eng / Thames Valley to lead and manage the activities of the Collections and Legal Recoveries teams . You will ensure efficient and effective arrears management in order to minimise potential losses through bad debts, optimise operational performance, deliver within agreed budgets, set and meet all specified KPIs and manage outsourcing relationships where appropriate.
Responsible for portfolio management and collection of all overdue rentals on the UK portfolio in line with Guidelines and channel expertise.
Responsible for the performance of the Collections & Legal Team to ensure potential losses are minimal and within budgeted expectations.
Monitor and have oversight of the daily activities of the Collections & Legal team to ensure the highest levels of quality customer service and competency are maintained thereby minimising risk and costs.
Ensure all of Collections and Legal team achieve performance targets, developing and implementing solutions which positively impact the teams performance.
Liaise with asset management for asset valuation and uplift on arrears cases where appropriate.
Ensure arrears portfolios have the correct and appropriate arrears codes applied and the guidance is adhered to.
Responsible for ensuring the referral of cases to legal recoveries, in instances of insolvency actions or payment default where collections actions have not resolved arrears. Ensure cases are approved for litigation or write off in a timely manner.
Produce arrears reporting ensuring accurate records are maintained and ensure credit hits budget is met.
5 years experience in similar function or 10 years experience in leasing operations or risk management.
Proven track record in asset finance and leasing industry, with particular emphasis on collections management.
Sound knowledge of asset finance products, structures, asset types and documentation.
We strongly favour applicants with proven relevant experience in Financial Services; particularly in Asset Finance and Leasing.