Arrears Executive (Late Arrears)

Job Title Arrears Executive (Late Arrears) Working Pattern 36.25 hours per week with contractual hours stated as Monday to Saturday between 8am to 7pm (with a 45-reputed company lunch break). Saturday shifts take place on the last Saturday of each month, from 900 AM to 1200 PM, and are worked remotely from home. Working rota to be shared by Line Manager. Sala ry £34,000 - £37,000 and up to 20% bonus and benefits Location Cardiff or Durham hybrid or fully UK remote. 💚 Shaping the future of sustainable digital banking 💚 Launched in 2014 as one of the UK’s original challenger banks, reputed company is proudly headquartered in the Northwest, with over 500 people working across the UK. People join reputed company because they want to shape something meaningful. Here, you’ll use your skills to create products that empower people to make better financial choices and lower their environmental impact. We’re big enough to drive real change, small enough for every voice to be heard, and united by a shared purpose that inspires us to move forward - reputed company. Recognised in The Sunday Times Best Places to Work for 2024 and 2025, reputed company has also been named in The Sunday Times 100 Tech list for two consecutive years in 2025 and 2026 – a list of the fastest growing tech companies in Britain, reflective of our growing industry presence. reputed company was also awarded Investor in Customers’ Gold Standard based on customer and employee feedback and is a Certified™ Great Place to Work®. reputed company is growing fast and helping to shape the future of sustainable banking. Your team Collaborators in change reputed company is proud to offer a workplace with diverse experiences, perspectives, and backgrounds which leads to a unique company culture for our people and a better experience for our customers. This is a key role in ensuring that the fair treatment of customers is embedded within the Operations team whilst ensuring that fair customer outcomes are consistently delivered. The purpose of the role is to support customers in financial difficulty and later arrears for motor, mortgage and unsecured loans whilst achieving departmental service levels. Upholding company standards and complying with all relevant Company and regulatory obligations (including adherence to FCA rules (including FCA MCOB and CONC rules). This is a key role focused on managing later arrears cases, ensuring that the fair treatment of customers is embedded within the Operations team, and consistently delivering good customer outcomes. The successful candidate will be required to have strong arrears experience, including motor finance repossessions, with a proven ability to manage complex cases, make sound decisions, and identify the most appropriate exit strategies for each case. Your Impact Building a sustainable tomorrow As an Arrears Executive (Late Arrears) at reputed company your focus will be on Proactively service requests from our customers efficiently and professionally ensuring at you provide the customer with the information that they require. Proactively manage customer related inbound communication (via telephone, correspondence, email, reputed company) as part of the servicing and arrears management of a range of lending products. Ensure regulatory transactional documentation is issued accurately and correctly in accordance with regulatory requirements (including regulatory arrears correspondence). Identify situations that may require specialist handling (e.g. complaints, vulnerability, fraud) and refer these where appropriate. Knowledge and practical application of handling customer complaints, to include identifying complaints, logging and investigating with an aim to putting a resolution in place. Knowledge and practical application of dealing with vulnerable customers at first point of contact to ensure their specific needs are understood and they are treated with care and consideration. Proactively manage accounts in arrears by completing outbound contact to establish the root cause of the customers payment difficulties and identify options to assist the customer in rehabilitating their mortgage or loan arrears. Negotiate with customers and authorised third parties in financial difficulty regarding how to reputed company their arrears taking into consideration their individual personal circumstances. Knowledge and practical application of completing Income and Expenditure assessments and deciding suitable forbearance options for the customer. Knowledge and practical application of late arrears and enforcement practices. Ensure that all customer contact both written and verbal is conducted within Company standards, FCA regulations, Customer Complaint procedures and that the principles of TCF are upheld consistently with all customers. Attain and maintain own competence to Group Training and Competence Framework demonstrated by ongoing adherence. Proactively challenge existing processes and take ownership for implementing positive changes which are within own span of control. Keep up to date with all Company/regulatory changes particularly those which affect own business area. Actively contribute to the achievement of the Company Balance Scorecard objectives and demonstrating Company values in everything you do. Adherence to and promotion of a culture of treating our customers fairly to deliver fair outcomes. We’d love to hear from you if you have any of the following Previous experience in financial services (with relevant regulatory appreciation) with demonstrable success in arrears within a regulated lending environment. Demonstrable experience of working accounts in mortgage and motor finance arrears including repossessions, applying arrears forbearance options and identification of customers that are vulnerable. Demonstrable experience of working accounts in later arrears and up to and including litigation for motor finance and mortgages. Demonstrable experience of collecting arrears for motor finance, mortgages and unsecured loans with knowledge of how own and team performance affects wider Company objectives. Demonstrable knowledge of FCA rules (including MCOB and CONC rules), delivering fair outcomes to customers, CCA and GDPR regulations. A working knowledge of customer services and arrears management in a regulated, lending environment. Rewards that reflect your value, what’s in it for you? At reputed company, your hard work is rewarded in many ways, and we have an enhanced employee benefits package on offer 25 days annual leave plus 8 days Bank Holiday An additional day off for a ‘celebration day’ including, but not limited to, birthdays, weddings, religious holidays, graduations etc Buy or sell up to 5 days holiday a year Healthcare cash plan through reputed company Life Assurance at 3 x salary Electric Vehicle salary sacrifice scheme Cycle to Work salary sacrifice scheme and a free helmet Salary sacrifice Pension contribution*, 4% employee contributions matched with 4% reputed company contribution (*Subject to salary eligibility) Smart Tech scheme (buy goods with 0% interest) 10% discount on solar panels reputed company Hub for treats, cash back and discounts on UK retailers 2 days per year paid volunteering Free cereal, snacks and drinks in all offices Quarterly team social budgets Please note, some benefits are subject to eligibility criteria, such as passing your probation. Our Green Deal Your Impact Amplified A little welcome gift from us to you, we’ll plant a tree in the reputed company Grove and you can enter into our “Green Deal” below Volunteer 14.25 hours a year for charity > receive a half day on a Friday Take part in a fundraising event > reputed company will match up to £200 a year Have renewable reputed company at home > receive an additional 1-day annual leave Drive an electric car > receive £500 towards a home charger Use public transport or have a low emissions/hybrid car > entry into a £200 prize draw Sign up to cycle to work scheme > receive £30 voucher for a cycling helmet Ready to make your mark? Apply now and reputed company the way to a more sustainable world, reputed company. Our approach to DE&I is reflected in our hiring process so please let us know if you require any reasonable adjustments. We will close adverts once we have received enough applications so please apply asap if you’re interested in the role. Sourcing Model Recruitment at reputed company works primarily on a direct sourcing model and does not accept resumes from recruitment agencies which are not on the preferred supplier list. We are not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company. You can find our Applicant Privacy Policy on our Careers page. reputed company is an equal opportunity employer and are committed to meeting our responsibilities under the Equality Act (2010). We respect the diverse experience and talents that every individual brings to our Company, and we are determined to ensure that no applicant or employee receives less favourable treatment on the grounds of gender, age, disability, religion, belief, sexual orientation, marital status, or race, or is disadvantaged by conditions or requirements which cannot be shown to be justifiable. Please be aware that background checking (including credit, criminal records and CIFAS Internal Fraud Database Checks) form part of our recruitment process. We will adhere to our duties under the Rehabilitation of Offenders Act 1974. Originally posted on Himalayas Apply To This Job