Collections & Recoveries Advisor

iwoca; Greater London; Hybrid; GBP 29,000 - 33,000; Full time

Benefits offered by this job

Flexible working hours

Medical insurance (Vitality)

25 days holiday per year

Company pension contributions

Employee equity incentive

Job summary

iwoca is hiring a Collections & Recoveries Advisor in Leeds for a hybrid role. You’ll handle early arrears with business customers, balancing empathy and commercial awareness to reach fair outcomes. Training is provided in-office for the first month, followed by a mix of on-site and remote work as you manage a portfolio.

You’ll engage via calls, emails and WhatsApp, documenting actions and negotiating repayment plans while ensuring regulatory compliance and safeguarding iwoca’s loan portfolio.

Qualifications

• Resilience to stay calm and professional in difficult conversations.
• Comfortable working towards individual targets and KPIs.
• Patient, empathetic and professional manner, especially in difficult conversations.
• Strong communication skills on both phone and email.
• High levels of accuracy and attention to detail.
• Ability to deal with challenges, innovate and think on your feet.

Responsibilities

• Manage a portfolio of early arrears accounts via outbound and inbound calls, email and WhatsApp.
• Discuss options with customers and understand their circumstances.
• Negotiate feasible repayment arrangements and monitor compliance.
• Maintain clear, accurate notes and manage follow-ups daily.
• Own decisions on portfolio actions and take the next steps when needed.

Skills

Resilience

Target-driven

Communication

Attention to detail

Empathy

Problem solving

Job description

The Company

Small businesses move fast. Opportunities often don't wait, and cash flow pressures can appear overnight. To keep going, and growing, SMEs need finance that is as flexible and responsive as they are. That's why we built iwoca. Our smart technology, data science and five-star customer service ensures business owners can act with the speed, confidence and control they need, exactly when it's needed. We've already cleared the way for 100,000 businesses with more than £4 billion in funding. Our passionate team is driven to help even more SMEs succeed, through access to better finance and other services that make running a business easier. Our ultimate mission is to support one million SMEs in their defining moments, creating lasting impact for the communities and economies they drive.

We're looking for a Collections & Recoveries Advisor

This is an early arrears collections role. You'll spend your day speaking with business customers who have fallen behind on their loan repayments — having direct, sometimes difficult conversations to understand why a payment has been missed and discussing options to recover what's owed. It's commercial and target-driven, but done the iwoca way: we don't use a dialler, because we'd rather give you time to have meaningful conversations and find the right outcome for each account.

The team

The Collections & Recoveries team at iwoca is responsible for supporting customers who have fallen behind on repayments, with a focus on achieving fair, sustainable outcomes for both the customer and the business. The team takes a customer-first, solutions-oriented approach, working closely with small to medium business owners to understand their financial situation and discuss forbearance options available to customer. They balance empathy with commercial awareness, ensuring regulatory compliance while protecting iwoca's loan portfolio.

Where you'll work

This is a hybrid role based in Leeds. For your first month you'll be in the office every day for training, with the expectation dropping to once or twice a week thereafter.

The role

Our advisors keep customers on track and step in when repayments don't go to plan. Through regular contact, you'll build relationships with customers in early arrears — understanding why payments have been missed, agreeing how to resolve them, and scheduling the next steps. iwoca's advisors handle high levels of inbound and outbound calls, and sending emails and WhatsApp messages with the greatest level of care, in a diligent, professional and efficient manner and nare able to Negotiate, implement and monitor feasible repayment solutions that take into account the customers' circumstances while balancing the best interests of the business.

A day in the life:

• Working through your assigned portfolio of accounts in early arrears, managing outbound and inbound calls alongside email and WhatsApp correspondence
• Understanding each customer's unique circumstances you'll discuss the options available to them
• Whether it's agreeing a little extra time for payment, or gathering supporting information to consider reduced payments, managing customer expectations is essential
• Following up when an arrangement is broken and deciding the right next course of action. We empower you to own decisions on your portfolio.
• Keeping clear, accurate notes and staying on top of your follow-ups and emails each day

Requirements

We look for people who are smart, humble, motivated and who are always looking to improve.

Essential/You'll need:

• Resilience, and the ability to stay calm and professional in difficult or confrontational conversations
• Comfortable working towards individual targets and KPIs
• A patient, empathetic and professional manner, especially in difficult conversations
• Strong communication skills on both phone and email
• High levels of accuracy and attention to detail
• The ability to deal with a variety of challenges, innovate and think on your feet

Desirable / Nice to have

• Proven experience in debt recovery, ideally in the commercial/business sector in a call based environment
• Experience collecting business debt
• Insolvency or litigation experience
• A track record of managing a large portfolio of debts
• Business acumen, entrepreneurial spirit with real enthusiasm for helping SMEs

Don't take this list as prescriptive: it's just to give you a sense of who might do well at the job. We'd still love to hear from you if you don't hit every point on the list, or if you have other experience.

The salary

Our base salary range in Leeds is £28,500 - £33,000. We want to pay all of our employees fairly, so that's why we regularly benchmark salaries based on market rates and to recognise your increasing value to our business.

The culture

At iwoca, we prioritise a culture of learning, growth, and support, and invest in the development of our team members. We value thought and skill diversity, and encourage people to explore new areas of interest, adopt better tools - including AI - and apply sound judgement so our products and decisions improve over time.

The offices

We put a lot of effort into making iwoca a great place to work:

• Offices in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks.
• Events and community-led groups, including running groups, padel, and monthly ping-pong and pool competitions.

The Benefits

• Flexible working hours.
• Medical insurance from Vitality, including discounted gym membership.
• A choice between a dedicated dental plan or a health cash plan that reimburses everyday medical expenses.
• A private GP service (separate from Vitality) for you, your partner, and your dependents.
• 25 days' holiday per year, an extra day off for your birthday, the option to buy or sell an additional five days of annual leave, and unlimited unpaid leave.
• A one-month, fully paid sabbatical after four years.
• Instant access to external counselling and therapy sessions for team members that need emotional or mental health support.
• 3% Pension contributions on total earnings.
• An employee equity incentive scheme.
• Generous parental leave and a nursery tax benefit scheme to help you save money.
• Electric car scheme and cycle to work scheme.
• Two company retreats a year: we've been to France, Italy, Spain, and further afield.

And to make sure we all keep learning, we offer:

• A learning and development budget for everyone.
• Company-wide talks with internal and external speakers.
• Access to learning platforms like Treehouse.

Useful links

• iwoca benefits & policies
• Interview welcome pack

Compensation Range: £28.5K - £33K