Head Of Legal

Description:

The Head of Legal is a crucial position responsible for managing the Collections/Recovery process and providing vital legal insights to resolve outstanding balances successfully. By closely reviewing and negotiating key agreements with lenders and overseeing dispute resolutions, this role ensures the best possible outcome for the company.

This position is also dedicated to developing and implementing effective strategies for non-performing loan recovery, working closely with relevant departments to monitor outstanding balances and make proactive recommendations for contractual amendments as needed. The Head of Legal is also responsible for providing daily management and guidance to the Collections/End of Term department to ensure the team's efficiency and success.

As the new Head of Legal, you will propel our client's organisation to continued success by:

* Steering the direction of the Impairments Committee and delivering crucial arrears trends/data to the Credit Department and Sales Team.

* Designing, implementing and executing robust strategies for recovering debts and arrears.

* Diligently monitoring defaults and working to resolve outstanding due balances.

* Overseeing, evaluating, and ensuring peak performance within the Collections Department.

* Drafting all correspondence, handling late payment fees, generating End of Term management reports, and assessing repossessions and legal options for continuous defaults.

* Orchestrating effective legal alternatives to recover arrears/assets and overseeing asset disposal when necessary.

Our client is seeking a highly driven, focused, and experienced Head of Legal with the following qualifications:

* A current practising solicitor with up-to-date SRA registration.

* A solid background in insolvency litigation and a comprehensive understanding of the legal complexities involved in commercial asset finance debt recovery.

* Proven ability to manage and resolve legal disputes, default situations, and arrears scenarios.

* Demonstrated proficiency in legal analysis, drafting correspondence and reports, and evaluating repossessions.

* Adept at orchestrating legal strategies for debt recovery and asset disposition.

* Excellent communication and negotiation skills and a genuine desire to deliver results.