Recoveries Account Executive, Funding Circle
£32.5k
3 days a week in office
Business finance that backs you and your business to succeed
Be an early applicant
Business finance that backs you and your business to succeed
1001+ employees
Be an early applicant
£32.5k
3 days a week in office
1001+ employees
Company mission
We back small businesses with the finance they need to succeed. At Funding Circle, we understand running a business is hard work so we provide a fast, hassle-free experience for businesses looking for finance - with SME experts based in the UK.
Role
Who you are
- Proven experience in Collections, Recoveries, or Credit Control, demonstrating relevant skills and knowledge
- Results-oriented and competitive: Experience in consistently achieving targets, SLAs, and KPIs while striving for continuous improvement
- Organised with great attention to detail and the ability to use multiple systems concurrently in the workplace
- The ability to empathise with borrowers and the commitment to assist them in solving issues through your first-class customer service skills
- Highly self-motivated and resourceful, with a proven track record of working independently and finding effective solutions to complex problems
What the job involves
- We are looking for a Recoveries Account Executive in our Recoveries team
- The Collections & Recoveries team actively cultivates a supportive collections & recoveries culture for SMEs through their specialised debt collection procedures
- Manage a portfolio of defaulted loan accounts, negotiating repayment arrangements to recover outstanding debt and achieve positive outcomes for Funding Circle’s investors
- Build trust and rapport with borrowers and guarantors to understand their financial situations and work with them to find sustainable repayment solutions
- Demonstrate strong investigatory and analytical skills to achieve maximum but cost-effective recoveries
- Support with focused campaigns and initiatives to drive performance and investor returns
- Liaise with instructed third parties and professional advisors, including solicitors, debt managers and insolvency practitioners
- Work closely with our in-house Collections, Litigation & Business Support Teams in appropriately servicing the interests of Funding Circle’s customers
- Proactively problem solving, identifying and confidently mitigating any risks, issues or control weaknesses that arise in your day-to-day
Salary benchmarks
Our take
Funding Circle launched in 2010 and it was the perfect time in the market. After the financial crisis in 2008, financial institutions were hesitant to lend money. Loans to SMEs were at record lows.
This meant that Funding Circle's innovative platform - connecting investors and businesses directly - had immediate product-market fit and growth. Funding Circle remains incredibly focused on small businesses, and this set it apart from other lending platforms. The business has since expanded to the USA.
The company completed its IPO in September 2018 in a challenging economic environment in Europe and the USA. More recently, however, trading in the group’s core UK market has been helped by its participation in the government’s Coronavirus Business Interruption Loan Scheme – the company says it has been responsible for a quarter of CBILS loans by volume since it was accredited to join the scheme in April 2020.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Employee endorsements
Focus on employee wellbeing
"We've moved to a hybrid way of working at FC. We have lots of employee benefits, from lunch budgets (Just Eat), to retail discounts, gym/health..."
Funding (last 2 of 7 rounds)
Jan 2017
$103.5m
SERIES F
Apr 2015
$150m
SERIES E
Total funding: $376m
Company benefits
- Annual learning budget
- Private Health insurance covering pre-existing conditions
- 5% Matched Pension
- 25 days holiday (excl. bank holidays)
- Access to Wellhub (formally Gym Pass)
- Dental Insurance
- Just Eat for Business 2 days when in the office
Company values
- Think smart
- Obsess over the customer
- Make it happen
- Be open
- Stand together
- Live the adventure
Company HQ
City of London, London, UK
Articles
Leadership
Samir Desai
(Non Executive Director)Previously a Consultant at BCG and an Investment Executive at Olivant focused on financial services businesses. Awarded a CBE for services to financial services in 2015.
Lisa Jacobs
(CEO)Lisa is CEO of Funding Circle. She is responsible for driving the company’s strategy and overseeing Funding Circle's operations in the UK and US.
Andrew Mullinger
(Co-founder)Founded Funding Circle in 2009 until hiring his replacement in 2016.
James Meekings
(Co-Founder)Co-founded Funding Circle in 2009 and was UK MD up until to 2019. He now spends his time helping, and investing in, early stage companies.
Sam Hodges
(Co-Founder)Sam founded our US business and was US MD up until 2018.
Diversity, Equity & Inclusion at Funding Circle
Poonam Verma (Director of Talent Development, Culture & Belonging)
- It’s in our differences that we find our strengths!
- We celebrate and support the differences that make you, you. So we’re building a culture where difference is valued. We’re proud to be an equal opportunity workplace and affirmative action employer. We truly believe diversity makes us better. We particularly encourage applications from applicants from underrepresented backgrounds. We welcome applicants who may want to work flexibly
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