National Commercial Recoveries Executive
Bibby Financial Services have an exciting opportunity available for a reliable National Commercial Recoveries Executive to join our team in Manchester (hybrid working). You will join us on a full time, permanent basis and in return, you will receive a competitive salary of £28,000 - £32,000 per annum, plus benefits.
We’ve supported small and medium-sized enterprises (SMEs) since 1982 and today we support more than 9000 businesses worldwide. We are proud to help businesses, both big and small to grow and thrive in domestic and international markets.
Why us?
We’re in the business of relationships. Whether working together or supporting our clients, that’s what makes us stand out from the crowd.
We know our value lies in our brilliant people, It is fast-paced and varied, and we can handle it. We trust each other, take ownership, work flexibly, have fun and deliver for our clients every time.
We empower our colleagues to be themselves and grow in the way they want – we believe in them and celebrate their success.
As our National Commercial Recoveries Executive, we will reward you and your hard work with:
Private healthcare for you and your family
Company pension scheme
Wide range of flexible benefits, such as gym membership, technology, or health assessments
Access to an online wellbeing centre
Range of discounts from many businesses
25 days holiday which increases with service and options to buy or sell more
Electric Vehicle/Plug-in Hybrid Vehicle (EV/PHEV) scheme
As our National Commercial Recoveries Executive, you will ensure that debtor recovery actions (both live client and collect out actions) are undertaken professionally, tenaciously and that where appropriate suitable third party law firms or agents are engaged in line with BFS UK legal panel firms for a mixed portfolio of BFS UK Commercial client accounts.
Your responsibilities as our National Commercial Recoveries Executive will include:
Ensuring that where advances cannot be recovered through sales ledger realisations that all avenues possible under the powers contained within the Invoice Finance Agreement and any supporting security are utilised to make up any shortfall as far as possible
Dealing directly with Debtors, Clients, Directors, Guarantors/Warrantors, Insolvency Practitioners or other stakeholders to achieve best possible outcomes
Working with all BFS Commercial offices to ensure that all required information is obtained and that all knowledge sources are tapped into to support recoveries efforts
Ensuring that BFS Bad Debt provision KPC is followed and that provisions are recommended to appropriate stakeholders on a monthly basis.
Undertaking role consistently in line with KPC’s for the function
Undertaking consistent monthly reporting which meets the needs of all core stakeholders
Ensuring that adequate recoveries training is in place and delivered across the UK Commercial businesses informed by changes in legal environment and learnings from both successful and unsuccessful recovery cases
What we are looking for in our ideal National Commercial Recoveries Executive:
Essential:
Proven experience of collections/recoveries
Numeracy, Tenacity, communication, influencing, proficiency using Microsoft Office suite programmes,
Communication and influencing skills
Desirable:
Proven experience of recoveries in invoice finance industry
Numeracy, Commercial Awareness, Proficient user of Riskfactor, BFS Invoice Finance product knowledge, practical experience of commercial litigation process.
UK Finance IFABL Foundation or Certificate, CICM or Equivalent, Legal/Recoveries Qualification
There’s no place quite like BFS and we’re proud of that. It’s all down to our colleagues - they make us the business with which every SME wants to partner.
If you would like to join us, please click ‘Apply’ today to be considered as our National Commercial Recoveries Executive – we would love to hear from you!
We're absolutely committed to being a truly inclusive place to work, where everyone has an equal opportunity to reach their true potential. Let us know if you need adjustments to support you through any stage of the recruitment process.
We reserve the right to close applications early. No agencies, please