Recoveries & Legal Documentation Manager – Invoice Finance Manchester

Business Money Promotions Ltd; Manchester; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading provider of financial services is seeking a Recoveries & Legal Documentation Manager in Manchester. The ideal candidate will have an Invoice Finance background, legal drafting experience, and strong team leadership skills. Responsibilities include managing a portfolio of debt recoveries and overseeing legal documentation. The position offers a competitive salary along with additional benefits.

Qualifications

• An Invoice Finance / ABL background with recovery and workout focus.
• Knowledge of Invoice Finance agreements and associated documentation.
• Experience of leading teams crucial for legal document production.

Responsibilities

• Control the Invoice Finance collect out portfolio and manage high-value cases.
• Maximise recovery opportunities and execute strategies for debt recovery.
• Lead the legal document team ensuring timely and accurate document production.

Skills

Invoice Finance knowledge

Legal drafting experience

Team leadership

Understanding of insolvency processes

Job description

Recoveries & Legal Documentation Manager – Invoice Finance Manchester

Our client, one of the UK’s leading independent providers of Financial Services to businesses requires a Recoveries & Legal Documentation Manager to join their team in the North West.

Key Responsibilities:

• Control and oversight of the Invoice Finance collect out portfolio, including management of higher value cases and development of strategy in line with Recoveries policy.
• Look for opportunities to maximise recovery of security and execute strategy on cases which precipitates the most effective recovery of debt.
• Review and escalate provision requirements to Senior Stakeholders.
• Ensure that bad debts are controlled within tolerance/budget, escalating issues where appropriate.
• Ensure visibility of emerging recoveries cases through engagement with Portfolio Risk Managers.
• Manage the legal document team to ensure that documents are produced right first time, that the library of documents remains up to date, at internal controls and risk mitigants are deployed.
• Ensure that legal documents are produced within agreed SLAs.
• Ensure that colleagues across both teams have the necessary skills through development plans and coaching.

Key Requirements

• An Invoice Finance / ABL background with bias towards Recovery and Workout, combined with and legal drafting/document experience.
• Knowledge of Invoice Finance agreements, associated security documentation (e.g. Guarantees, Indemnities, Charges, etc.) and their rights & remedies.
• Understanding of insolvency and legal recovery processes; and experience of devising strategy for recovery including the appointment of insolvency practitioners
• Sound understanding of legal process surrounding insolvency and debt based litigation.
• Experience of leading teams.

The successful candidate will be rewarded with a competitive basic salary plus a range of additional benefits.