Legal Account Manager - Asset Finance

Legal Account Manager - Asset Finance
Surrey
Competitive salary package

James George Recruitment are seeking a Legal Account Manager to join a highly prestigious Asset Finance House based in Surrey.

Reporting directly to the Recoveries Team Leader, you will predominantly be focused on Litigation arrears collection in the Recoveries team.

Key responsibilities:

- Manage a portfolio of Litigation cases over the varying sectors within the Recoveries function.

- Work with their Solicitors, Suppliers, and Broker partners to bring a positive impact to the collections process and maximize their recoveries.

- Utilising the legal system with the support from their Solicitors to make a recovery whilst managing costs to the business

- Arranging sustainable repayment plans through effective evaluation of income and expenditure with customers.

- Carrying out financial checks on customers such as Land Reg, CAIS, Business IQ Reports.

- To review contractual documents and terms & conditions to identify information that can add value to the recovery process.

- Take responsibility for managing occasional project and development work in the team to a high standard and within deadlines.

- Understand the importance of identifying vulnerable customers and how they should be treated differently from a strategy perspective.

- Responsible for completion of the collection and recovery process to minimize risk, prevent arrears and ensure the timely collection of payments.

- Liaise with Asset Management to obtain valuations on delinquent accounts, ensure these are recorded and information used to make informative and balanced decisions

- Review cases for bad debt provision recommendation, completing necessary paperwork for Head of Collection

- Strategically review accounts where recovery is unlikely or not cost-effective make recommendation for write off

- Liaise with Recoveries Team Leader on serious delinquencies and help to minimize losses

Your Background:

- You will be able to manage legal cases with external Lawyers and potentially have experience of issuing your own claims directly with the Courts.

- Collection’s experience ideal.

- Knowledge of contract and consumer credit.

- Asset Finance or Motor Finance background

- Strong negotiator and decision maker.

A great opportunity to join a highly regarded Funder in the Asset Finance market. Please contact Adam Sommerville at James George Recruitment to find out more.