Collections Strategy Specialist

TN United Kingdom; Manchester; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

Join a forward-thinking bank that is redefining the financial landscape! As a Collections Strategy Specialist, you will play a pivotal role in developing and optimizing collections strategies to ensure fair and effective debt recovery. This innovative firm values analytical thinking and strategic planning, offering a collaborative environment where your insights can drive meaningful change. With a commitment to regulatory compliance and customer-centric approaches, you will work closely with various stakeholders to enhance the overall customer experience. If you're ready to make an impact in a dynamic setting, this opportunity is for you!

Benefits

25 days holiday plus public holidays

Extra day off for birthday

Annual leave increase with service

Paid volunteering time

Company enhanced pension scheme

Life insurance at 4x salary

Private Medical Insurance

Generous family-friendly policies

Incentives refer a friend scheme

Perkbox membership

Qualifications

• Strong analytical skills and a problem-solving mindset are essential.
• Experience in developing collections strategies is crucial.

Responsibilities

• Design and implement customer strategies tailored to different segments.
• Continuously improve collections strategy to enhance recovery rates.

Skills

Analytical mindset

Excellent communication skills

Strategic Thinking

Adaptability

Innovation

Job description

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Collections Strategy Specialist, Manchester

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Client:

Starling Bank

Location:

Manchester, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

9c37cc62b8c6

Job Views:

2

Posted:

02.05.2025

Expiry Date:

16.06.2025

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Job Description:

Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,000 people across our London, Southampton, Cardiff and Manchester offices.

The role:

The Collections Strategy Specialist will be responsible for developing, delivering, and optimising Starling’s collections strategies. The role requires a strategic thinker with good analytical skills, a natural curiosity/problem-solving mindset, and a good understanding of the regulatory landscape.

A working knowledge of Retail Collections strategy is essential and knowledge of SME Collections strategy is beneficial but not essential.

You will be expected to work from the Manchester office twice a week, as well as the Cardiff office once a month.

Key Responsibilities:

• Design and implement comprehensive collections customer strategies tailored to different customer segments
• Continuously review and refine the collections strategy to improve recovery rates and drive good customer outcomes.

Performance Analysis:

• Use data-driven insights to identify trends, opportunities and areas for improvement.
• Undertake strategy performance and execution monitoring through the use of data and account level assessments

Regulatory Compliance:

• Ensure all collection strategies comply with relevant UK regulations and industry standards.
• Stay updated on changes in legislation and regulatory requirements affecting Collections and customers in financial difficulty
• Develop strategies that balance effective debt recovery with maintaining good customer outcomes
• Implement customer-centric approaches to collections that are empathetic and fair.

Stakeholder Management:

• Collaborate with internal stakeholders, including Risk, Compliance, Legal, and operations, to ensure a coordinated approach to collections
• Work closely with operations and other support teams to ensure strategies are embedded.

Requirements

Skills:

• Analytical mindset with a natural intellectual curiosity
• Comfortable working in a fast paced environment and ability to support across a number of pieces of work both BAU and strategic enhancements
• Excellent communication skills and the ability to tailor messages across a range of stakeholders
• Ability to work with technology teams to look at ways to enhance the collections strategy (engineering/data science)
• Strategic Thinking: Ability to develop long-term strategies that align with business objectives
• Analytical Skills: Using data to understand the effectiveness of strategies and drive enhancements
• Adaptability: Flexibility to adapt to changing regulatory landscapes, market conditions, and business needs
• Innovation: Drive to implement innovative solutions and improve existing processes.
• 25 days holiday (plus take your public holiday allowance whenever works best for you)
• An extra day’s holiday for your birthday
• Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
• 16 hours paid volunteering time a year
• Salary sacrifice, company enhanced pension scheme
• Life insurance at 4x your salary & group income protection
• Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
• Generous family-friendly policies
• Incentives refer a friend scheme
• Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
• Access to initiatives like Cycle to Work, Salary Sacrificed Gym partnerships and Electric Vehicle (EV) leasing

About us:

• You may be put off applying for a role because you don't tick every box. Forget that! While we can’t accommodate every flexible working request, we're always open to discussion. So, if you're excited about working with us, but aren’t sure if you're 100% there yet, get in touch ’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.