Are you a seasoned Recoveries Manager seeking an exciting new opportunity? Our client is a market leading organisation that are pioneering the Car Finance sector and due to company growth they are actively seeking a Recoveries Manager to lead their team.
This exciting role offers a negotiable salary ranging from £55,000 to £60,000, based on your experience. You'll be based in the vibrant Manchester area, working in stylish offices and one of the best company working environments on the market. Plus, you'll enjoy a healthy work-life balance with 25 days of holiday, in addition to bank holidays and no weekends.
You will be working for a dynamic and forward-thinking company that's transforming the Car Finance Industry. They value their employees and promote a positive company culture that encourages growth and innovation.
As a Recoveries Manager, your responsibilities will include:
- Lead, coach, and mentor a team of recovery specialists to achieve individual and team targets.
- Provide ongoing training and development opportunities to enhance team performance and capabilities.
- Foster a culture of accountability, collaboration, and continuous improvement within the team.Develop and implement effective recovery strategies to optimize collections performance.
- Analyse delinquent account data to identify trends and tailor recovery approaches accordingly.
- Keep up to date with industry best practices and regulatory requirements to inform strategy development.
- Negotiate payment arrangements and settlement agreements with delinquent account holders.
- Handle escalated customer inquiries and complaints related to recovery efforts.
- Build and maintain positive relationships with 3rd party supplier and maximise their performance.
- Evaluate and streamline recovery processes to enhance efficiency and effectiveness.
- Identify opportunities for automation and technology adoption to improve recovery outcomes.
- Collaborate with cross-functional teams to ensure alignment and integration of recovery processes
- Monitor key performance indicators (KPIs) and recovery metrics to track progress and identify areas for improvement.
- Prepare regular reports and analysis on recovery performance for management review.
- Implement corrective actions and strategies to address performance gaps and achieve targets
- Ensure compliance with regulatory requirements, industry standards, and internal policies in all recovery activities.
- Implement risk mitigation measures to minimize losses and maintain the integrity of the recovery process.
- Stay updated on changes in regulations and industry practices related to debt recovery.
Package and Benefits:
As the Recoveries Manager, you'll receive:
- A salary ranging from £55,000 to £60,000 (do.o.e)
- Standard office hours from Monday to Friday.
- Convenient Manchester location with excellent transport links.
- Death in service benefit.
- Pension scheme.
- Hybrid working arrangement.
The ideal candidate for the Recoveries Manager role should have:
- Previous motor finance experience within an FCA business.
- Proven experience in Recoveries.
- Strong leadership and management skills, with the ability to inspire and motivate teams.
- Excellent negotiation and communication skills.
- Analytical mindset with the ability to interpret data and identify actionable insights.
- Ability to thrive in a fast-paced, results-driven environment.
If you're an experienced Recoveries Manager ready to take on a new challenge in a dynamic and innovative company, we'd love to hear from you. Apply today to join a company that values work-life balance, offers a competitive salary. Click apply with your CV or call Jenni on .
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