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Collections officer

Reading (Berkshire)
Investec
Collections officer
Posted: 12 January
Offer description

Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.

Purpose of the role

The Collections Officer is responsible for managing delinquent customer accounts, ensuring timely recovery of overdue payments, and maintaining compliance with regulatory standards. This role plays a critical part in safeguarding the organisation's credit risk exposure while delivering excellent customer service.

Key Responsibilities

1. Account Management:
2. Proactively manage late-paying customers through telephone and written communication
3. Negotiate repayment arrangements and forbearance solutions where appropriate
4. Compliance & Regulation:
5. Operate within Consumer Credit Act (CCA) and FCA guidelines
6. Ensure all actions adhere to internal policies and regulatory requirements
7. Customer Engagement:
8. Handle sensitive conversations with empathy, balancing customer needs and business objectives
9. Provide clear explanations of terms and consequences of non-payment
10. Reporting & Administration:
11. Maintain accurate records of all interactions and agreements
12. Prepare reports on collections performance and escalate high-risk cases
13. Collaboration:
14. Work closely with Recoveries, Risk, and Client Services teams to resolve complex cases

Core Skills & Knowledge

15. Strong communication and negotiation skills
16. Ability to build and maintain strong relationships and communicate with key interfaces
17. Analytical skills
18. Client focus
19. Negotiation and decision making
20. Knowledge of asset finance products and collections processes.
21. Familiarity with regulatory frameworks (CCA, FCA)
22. Ability to manage high-volume workloads under pressure
23. Proficiency in MS Office and collections systems

Technical knowledge

24. Regulatory Knowledge as applicable to role
25. Understanding of lease and asset finance
26. Knowledge of Consumer Credit Act and other regulatory requirements
27. AML /KYC requirements
28. To act with integrity at all times and embrace the philosophy of treating our customers fairly
Bring your empathy, judgement and clear communication to a role where you'll genuinely help customers through challenging moments. As a Collections Officer in our asset finance team, you'll balance fair outcomes with commercial sense, supported by a collaborative culture and leaders who want you to thrive. If you're looking for meaningful work, real development and a team that values diverse perspectives, we'd love to hear from you.

As part of our collaborative & agile culture, our working week is 4 days in the office and one day remote.

Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work.

Here is a selection of what we offer;

Wellbeing

Wellbeing Subsidy, Corporate Gym Membership, Virtual GP, Peppy Health App (Fertility, Menopause and Early Parenthood), Optional Private Medical & Dental Insurance

Monetary

Non-contributory Pension & Discretionary Bonus

Life & Income Protection

Life Assurance, Critical Illness & Income Protection

Travel

Season Ticket Loan & Electric Vehicle Scheme

Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.

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