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Insolvency Executive

🏢 Funding Circle UK 📍 London, England 💼 Company - Private
Currency:
£42,000 - £65,000
£3,500 - £5,417 / mo
Verified Corporate Employer (Authorized Corporate Employer)

This vacancy is published by an accredited employer with authorized corporate payroll and standard compliance adherence.

Transatlantic Cost of Living & Purchasing Power Benchmark

Verified Analytics
Location Base
London, England
Tier-1 UK Economic Zone
Est. Take-Home Pay
68% - 74% (After PAYE & NI)
Single tax filer baseline
Transatlantic Parity
1.0 GBP ≈ $1.28 USD Living Standard
Direct corporate benchmark

Position Overview & Specifications

Who are we?

We want to help small businesses win. That’s why we’re here.

We connect small business owners to investors – to create jobs, help families and power economies – because we believe that people are made to do more. And we want to help them get the finance they need to thrive, creating thousands of jobs as they drive the economy forward.

So, we created the leading online marketplace for small business loans. Our investors have lent £15.2 billion to 135,000 small business owners. In 2022, lending through Funding Circle’s UK platform helped generate £6.9 billion in GDP while creating and sustaining 106,000 jobs. There’s never been a better time to join!

Be part of the team that changes everything. Let’s build the place where small businesses can get the funding they need to win and leave a legacy behind, forever.

The team

The Collections & Recoveries team carry out all debt collection procedures with their own unique approach that is defining the collections culture in the peer-to-business market.

What will you be doing?

As an Insolvency Executive managing the insolvent default book, your role will consist of:

  • taking responsibility for administering a portfolio of defaulted cases where the Borrower/loan guarantor is subject to insolvency proceedings and managing the expectations of our loan investors on prospective recoveries
  • Managing communications with newly insolvent borrowers with regards to the default process and expectations for post-default repayment proposals.
  • managing relationships with the team’s external insolvency and DCA panel and liaising with Insolvency Practitioners regarding all types of formal appointments, reviewing proposals for voluntary arrangements, filing all relevant claims and voting documentation, assisting with strategic decisions and challenging insolvency appointments/processes where it is deemed in our investors’ best interests.
  • working with managers to develop new policies and implement projects, monitor results and input into team strategy.

Are you?

  • Experienced working in an insolvency related role
  • A good communication with strong negotiation skills
  • Through with a practical approach to problem solving
  • Compassionate, grounded, logical and self-motivated; able to follow through on difficult decisions

Did you know?

Research shows that some people are less likely to apply to jobs unless they meet every single criteria. At Funding Circle we are committed to building diverse teams so please apply even if your past experience doesn’t align perfectly with the requirements. You might just be the perfect fit!

Why join us?

Talk to our recruiters about our workplace, culture and benefits. We have designed our offering around; Health, Wealth, Lifestyle & Development!

A few highlights are:

  • Hybrid working environment (2 days a week in office), flexible working options with an amazing office and we will help support your home working set up
  • Private Medical Insurance and Dental Insurance
  • Learning allowance AND other perks such as Gympass, Spill, Just Eat allowance, Electric Car Scheme and more!
  • Access to Octopus Money Coach, Free Mortgage advisor partnership and discounts across numerous retailers through Perks at Work.

Want to Build The Incredible? We’d love to hear from you.

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Candidate Selection & Onboarding Process

1

Application & Resume Screening

Submit your tailored CV/Resume directly to the talent acquisition portal.

2

Technical & Competency Interviews

Virtual interviews with the hiring manager and multidisciplinary team.

3

Formal Offer & Benefits Negotiation

Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.

4

Onboarding & Corporate Integration

Equipment provisioning, team orientation, and commencement of duties.

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Hiring Organization
Funding Circle UK

Apply for this Position

Location: London, England
Eligibility: Verified Employer Direct Placement
Schedule: Company - Private
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