People, Person, Couch, Furniture

Mortgage Arrears Case Consultant


Mortgage Arrears Case Consultant

Bristol | England | United Kingdom

Description of business unit

The Debt Management function within UK mortgages looks after c.165k mortgage customers, of which c. 7,000 are in active arrears. The area is responsible for arrears policy, strategy and all customer interaction in effectively managing and influencing Group Non Performing exposures. Weseek to minimise BOI UK plc losses and manage our customers in a fair and appropriate manner in line within the increasing regulatory framework. The area handles all Debt Management from early arrears through to forbearance and litigation and possessions.

Purpose of the role

The purpose of the role is to handle allinteraction with customers that may be facing financial difficulty. From assessing both the individual circumstances of the customer andthe prudential risk posed to the Bank.

Key accountabilities

- Managing and effectively organising your own caseload to contact customers who are in arrears

- Using negotiating and influencing skills to obtain agreed arrangements

- Monitoring ongoing arrangements to ensure they accurately reflect customer's current financial circumstances

- Empathising with customers in financial difficulty whilst ensuring that Group Arrears Policy is adhered to

- Reviewing customer budgets to ensure their mortgage debt is being prioritised and having knowledge of consequences of non-payment of other priory debts

- Liaising with external agencies and referring customers to them if appropriate

- Understand the key requirements of the regulatory framework in respect of Conduct Risk, ensuring in all circumstances that the customers are receiving fair outcomes.

What is the opportunity

You will work as part of a dynamicteam that plays a key role in the management of the Groups Non performing exposures whilstmaintaining the Departments high level ofservice ensuring that our customers are served brilliantly.

Essential qualifications

5 Grade C or above GCSE's including English & Maths or equivalent and abiity to produce certificates of these results

Essential skills and experience

- Experience of customer engagement within a collections / credit or customer service environment, preferably with knowledge of mortgage products and related regulatory environment

- Proven ability to financially assess a customer's personal circumstances & establish appropriate strategies

- Well-developed written and oral communication skills, preferably with experience of negotiation

- Strong organisation and time management skills, with ability to balance service excellence with operational effectiveness

- Ability to show flexibility and adapt positively to change in a demanding and fast paced environment.

Desirable skills

- Experience of using predictive dialler and Automated Call Distribution system

- Knowledge of credit scoring, provisioning and reporting to credit reference agencies

- Knowledge of Department of Works and Pensions and the benefits available to consumers

- Knowledge of legal remedies for management and ultimate recovery of debt under English, Scottish and Northern Irish Law

- Understanding of Chapter 13 of the Mortgage Conduct of Business Rules

- CeMap or Mortgage Advice Qualification

Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.

Bank of Ireland Group is an equal opportunities employer and is committed to fostering an inclusive workplace which values and benefits from the diversity of our workforce

Closing date: Jan 21, 2019
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