Head of Legal - Northampton, United Kingdom - Hiring Wizard

Hiring Wizard

Verified Company

Northampton, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

A financial-services company based in Northamptonshire is looking to recruit a
Head of Legal to join their team.

Location:
Northampton

Salary:
£75,000 per annum + Bonus up to 30%

Contract:
Permanent

Head of Legal - The Role:

Within the position, the Head of Legal will proactively monitor outstanding balances, recommending and executing appropriate action to swiftly resolve any disputes whilst collaborating with all appropriate departments and external partners where necessary,including the instruction of external legal advisors and counsel where required.

Further to the Recoveries focus, the Head of Legal will also review and recommend contractual amendments if required, alongside supporting ad-hoc and project workloads from alegal perspective, where needed, as the business continues to grow and expand at pace.

In addition to this, the Head of Legal will also manage the Collections function, including the End of Term department, on a day-to-day basis alongside strategically reviewing debt and arrear-patterns to identify trends, reporting salient issues to the Board.

Head of Legal - Key Responsibilities:

Develop, implement and execute effective strategies for recovering debts and arrears
Proactively monitor defaults and swiftly seek to resolve outstanding balances due
Chair the Impairments Committee
Feed/report key arrears trends/data into the Credit Department and Sales Team as necessary
Manage and monitor the Collections department workload and output to deliver high staff performance and productivity, ensuring compliance with FCA, FLA, and NACFB applicable rules and regulations (training to be provided)
Draft and produce all appropriate correspondence and liaise with the Finance Team to ensure late payment fees are accrued, invoiced and paid
Actively manage the End of Term Department to minimize delay between purchase of Passing Title and the onward sale to customers
Working closely with the Directors, review repossessions and legal options where defaults are ongoing, and be responsible for managing any legal options to recover arrears/assets, ensuring correct collection and disposal of assets where required
Monitor and analyse performance metrics to continuously improve the collections and debt recovery process
Build and maintain strong relationships with external legal firms, debt collection agencies and customers to ensure successful litigation outcomes
Review unpaid direct debit reports daily and inform the Accounts and Underwriting team of any early concerns
Conduct analysis to identify any patterns to defaults/arrears including customer sector, type, and size
Prepare reports and present findings to the Board

Head of Legal - You:

Previous experience in a Head of Recoveries/Head of Legal role (ideally with experience in unsecured lending) with a proven track record in managing a litigation process, recommending appropriate actions and legal cost reviews
Qualified lawyer with experience in managing either inhouse or private practice with a focus on litigation (preference for banking and finance insolvency and litigation)
Strong experience analysing data and setting Recoveries strategy
Strong practical and commercial skills, enabling a pragmatic assessment of case management
Excellent ability to manage and handle contentious issues through to desired outcome
Strong Microsoft Office skills with experience of using databases and CRMs

Personal Attributes:

Excellent written and oral communications skills
Ability to remain calm under pressure and meet deadlines
Strong organisational skills with a high attention to detail
Ability to prioritise and handle multiple tasks at any given time in a fastpaced environment
Proactive and enthusiastic with a can do attitude
Strong commercial acumen
Ability to work on own initiative as well as being a team player

To submit your CV for this exciting
Head of Legal opportunity, please click 'Apply' now