Classified ads in London

Arrears Support Unit Associate

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Salary: £25,500.00 per annum


Greater London, London

Job Advertiser

FRS Recruitment
Registered: 13 Dec '17
Postings: 158
Followers: 3, Following: 0

Job Reference: FRS45603

Job Duration:

Start date: ASAP

Description:

The Arrears Support Unit Associate is responsible for managing the relationships with a portfolioof borrower's accounts to identify customers in difficulty, establish the reason for the borrower's arrears and work with borrowers to find a solution to their arrears situation. The Arrears Support Unit Associate will also have business targets to achieveand will ensure that their role is conducted in the context of controlled policies and procedures while providing exceptional customer service and minimising risk.

Key Responsibilities

* Overall management and responsibility for a dedicated list ofpre arrears and arrears mortgage accounts
* Contact customers by letter and telephone in accordance with the Code of Conducton Mortgage Arrears and the Mortgage Arrears Resolution Process (MARP)
* Negotiate for payments, complete financial assessments and apply for the Arrears Support Unit Collections strategies
* Develop work out strategies for each account
* Determine and recommend loan restructuring options
* Follow agreed lines of escalation for borrowers whose mortgage debts are unsustainable or not viable
* Identify, assess and deliver solutions for customers in financial difficulty
* Organise and attend face to face meetings with borrowers and their professional representatives
* Deal with service queries in a prompt and professionalmanner
* Responsible for all actions and decisions on accounts assigned

Key Performance Indicators

* Achievement of Individual and team targets
* Quality and Compliance CCMA audit results
* Customer Feedback
* Cash Collection
* Restructure and post restructuring performance
* Skills & Experience
* A proved track record in credit management.
* Collectionsexperience an advantage
* QFA or APA in housing loans (desirable)
* Ability to work to designated individual and team targets

Competencies

* Collections
* IT Knowledge
* Customer Service and Commercial Awareness
* Influencing/Persuasion and Negotiation skills
* Communication skills - Interpersonal and Written
* Judgement & Decision-Making
* Team Working

Industry: Accountancy

Salary:

Salary Benefits:

Vacancy Type: Permanent

Job Skills: Customer Support, Accounts, Finance,

Contact Name: Maria Carey

Website: -

Direct Application URL: -

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Position Details

Advert Ref: #2958450
Posted: 09 Nov '21
Visits: 17