Debt Recovery Specialist job at City of London Full Time NEW

This highly successful Silicon Vally headquartered US law firm is keen to hire a Debt Recovery Specialist to head up the firm’s London office debt management function.

• Competitive salary plus fantastic lucrative monthly performance bonus scheme
• Hybrid working of 3 days in the office/ 2 remote
• City of London

Due to the continuous growth of their London office and UHNW client portfolio, the firm require a senior level Debt Recovery Specialist who can install a strategic and functioning debt collections process, providing all round aged debt management and risk assessment to the firm’s largest and most prestigious clients.

Collaborating with the Director of Administration and Managing Partner, as well as with the existing Revenue teams in London and US, you will be required to act as the main contact for the firm regarding debt recovery and credit control matters. You will be required to review and improve existing processes and influencing change across the firm in relation to outstanding debts and housekeeping. You will lead on aged debt reviews with Partners and Fee Earners, driving billing discipline and minimising lock-up. In cases of long-term aged debt, you will work closely with both the partner and client to monitor performance and ensuring effective escalation methods are agreed.

Candidates will have come from a legal credit control / debt management background handling a high-volume, high-dollar accounts receivable portfolio. You will have experience of using a recognised credit management software, Aderant and Expert Collections preferred. Other requirements required are;

• ICM qualification or similar is preferred
• Strong analytical and negotiation skills; able to assess client history and offer solutions to ensure payment
• Experience of winding up petitions and the process of escalating court action for delinquent debts
• Confident knowledge of Solicitors Accounts Rules and VAT
• Knowledge of Aderant Expert Collections preferred, Power BI reporting is a plus
• Excellent analytical and financial skills with good attention to detail both personally and for the team
• Can do attitude, with good judgement, communication and relationship building skills, developed in a partnership environment

To apply, please contact Neil Hagan today.