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Collections Specialist
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Collections Specialist
As a Collections Specialist in Thatcham, you'll be responsible for managing debt recovery processes to ensure timely payments and minimise financial risks. Your role will play a key part in helping the organisation maintain financial stability and efficient cash flow.
Client Details
This role is with a company in the financial services industry based in Thatcham.
Description
- Manage and monitor overdue accounts to ensure timely recovery of outstanding debts.
- Communicate effectively with clients to negotiate payment plans or settlements.
- Review and analyse account information to develop tailored recovery strategies.
- Prepare and maintain accurate records of all communications and actions taken.
- Collaborate with internal teams to resolve disputes and ensure accurate invoicing.
- Escalate unresolved cases to legal teams or external collection agencies when required.
- Provide regular updates and reports to management on recovery progress and challenges.
- Stay updated on relevant regulations and compliance requirements in debt recovery.
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Profile
A Successful Collections Specialist Should Have
- Banking recoveries experience.
- Previous experience in debt recovery or a similar role within financial services.
- Strong communication and negotiation skills to handle sensitive financial discussions.
- A good understanding of accounting and finance principles.
- The ability to work effectively under pressure and meet deadlines.
- Excellent attention to detail and organisational skills.
- Familiarity with relevant legal and regulatory frameworks in debt recovery.
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Job Offer
- Salary circa £37,500 dependent on the level of experience.
- Permanent position within the financial services industry.
If you're interested in this role, apply now.
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