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MarketFinance
,
London, Greater London
Collections Executive
Overview
Job Description
MarketFinance, one of the UK's leading FinTech's, is looking for a Junior Collections Administrator (20-25k) to be the backbone of a team in charge of assessing credit and fraud risk. Who you'll be working with You'll report to Chris, a Specialist who's passionate about Restructuring, Insolvency and supporting UK SMEs. Outside of work you're likely to find him following Leicester City FC or using his holiday to explore new destinations. Working in a small team you'll be helping to deliver a robust and scalable collections process whilst meeting the needs of our customers and investors. At MarketFinance, the opportunity for growth is as big as your ambition. Whether that's progressing to a senior role in your team or exploring an entirely new career path within the business. Maybe this job is part of your journey to starting your own business one day. We have big dreams and we expect you to have the same. What you'll be doing In this role, you'll be providing essential support which enables the Collections team to accurately monitor agreements with debtors, prepare for formal insolvency procedures and build a robust and scalable internal process. This is a great opportunity for personal development with training and mentoring from your manager to take your financial/lending administration or credit control expertise to the next level. We'll trust you to prepare, check, register and file legal/security documentation while keeping all risk records and databases up to date. You will initially shadow the Collection Specialists and learn to confidently contact debtors to confirm validity of invoice and payment of the overdue trade. You will learn to liaise with clients to ensure repayment of overdue trades. The Collections team will look to you to undertake vital administration which will be key to successful recovery of debts and abiding by strict legal frameworks. Part of your day-to-day responsibilities will be to assist in making sure payments are received from customers in a timely manner, support the collections specialists daily with all manners of the collection process and effectively manage all manners of administration within the collections team. Our collections rate is consistently lower than the industry standard and your work here will be an essential part of our ability to maintain that. We know you're independent but you're also a great collaborator which is why you'll be the Sales and Customer Success teams' go-to person for collections-related queries. You'll build strong relationships in a variety of areas, collaborating with the Operations and Investor teams as well as regularly liaising with Legal. We're revolutionising business finance and we can't wait for you to jump in and join us. Requirements You will preferably have relevant work experience in a financial / lending administration or credit control role. You're excited by the challenge of revolutionising business finance. You pitch-in and aren't afraid to get your hands dirty. You work hard and are passionate about achieving great results. You're independent, well organized and with a "make things happen" attitude. You're analytical, have excellent attention to detail and can work in a high pressure environment. Benefits * Competitive salary with commission and bonuses linked to performance * Best in class share options scheme * Innovation Days * Enhanced maternity leave * Childcare vouchers * Amazon Kindle and ebooks * Clear career progression * Private health coverage and half-price Virgin Active gym membership * Mentoring from industry leaders * The opportunity to progress your career at one of the UK's hottest FinTech companies * 25 days annual leave per year, plus birthday off! * A great office (complete with roof terrace, ping pong, table football and beer fridge) in the heart of Shoreditch. We do our best to reply to all applications. However if you have not had a response within 4 weeks, please assume your application has not been successful. How will we use the information about you? We will use your data to process your application, to allow us to assess your suitability for a role and improve our sites. We may share your data with third parties to achieve these purposes. We will not share your data for marketing purposes. We will keep your data safe in accordance with data protection legislation. If you would like further information on how your data may be used please visit our website at If you are unhappy with the use of your data, you can change your mind at any time by emailing legal@marketfinance.com