Collections & Recoveries Advisor

The company

Small businesses move fast. Opportunities often don’t wait, and cash flow pressures can appear overnight. To keep going, and growing, SMEs need finance that’s as flexible and responsive as they are.

That's why we built iwoca. Our smart technology, data science and five-star customer service ensures business owners can act with the speed, confidence and control they need, exactly when it's needed.

We’ve already cleared the way for 100,000 businesses with more than £4 billion in funding. Our passionate team is driven to help even more SMEs succeed, through access to better finance and other services that make running a business easier. Our ultimate mission is to support one million SMEs in their defining moments, creating lasting impact for the communities and economies they drive.

We’re looking for a Collections & Recoveries Advisor

This is an early arrears collections role. You'll spend your day speaking with business customers who have fallen behind on their loan repayments — having direct, sometimes difficult conversations to understand why a payment has been missed and discussing options to recover what's owed. It's commercial and target-driven, but done the iwoca way: we don't use a dialler, because we'd rather give you time to have meaningful conversations and find the right outcome for each account.

The team

The Collections & Recoveries team at iwoca is responsible for supporting customers who have fallen behind on repayments, with a focus on achieving fair, sustainable outcomes for both the customer and the business.

The team takes a customer-first, solutions-oriented approach, working closely with small to medium business owners to understand their financial situation and discuss forbearance options available to customer. They balance empathy with commercial awareness, ensuring regulatory compliance while protecting iwoca’s loan portfolio.

Where you’ll work

This is a hybrid role based in London. For your first month you'll be in the office every day for training, with the expectation dropping to once or twice a week thereafter.

The role

Our advisors keep customers on track and step in when repayments don't go to plan. Through regular contact, you'll build relationships with customers in early arrears — understanding why payments have been missed, agreeing how to resolve them, and scheduling the next steps.

iwoca's advisors handle high levels of inbound and outbound calls, and sending emails and WhatsApp messages with the greatest level of care, in a diligent, professional and efficient manner and nare able to Negotiate, implement and monitor feasible repayment solutions that take into account the customersclient’s circumstances while balancing the best interests of the business

A day in the life:

• Working through your assigned portfolio of accounts in early arrears, managing outbound and inbound calls alongside email and WhatsApp correspondence

• Understanding each customers unique circumstances you’ll discuss the options available to them

• Whether it’s agreeing a little extra time for payment, or gathering supporting information to consider reduced payments, managing customer expectations is essential

• Following up when an arrangement is broken and deciding the right next course of action. We empower you to own decisions on your portfolio.

• Keeping clear, accurate notes and staying on top of your follow-ups and emails each day

Requirements

We look for people who are smart, humble, motivated and who are always looking to improve.

Essential/You'll need:

• Resilience, and the ability to stay calm and professional in difficult or confrontational conversations

• Comfortable working towards individual targets and KPIs

• A patient, empathetic and professional manner, especially in difficult conversations

• Strong communication skills on both phone and email

• High levels of accuracy and attention to detail

• The ability to deal with a variety of challenges, innovate and think on your feet

Desirable / Nice to have

• Proven experience in debt recovery, ideally in the commercial/business sector in a call based environment

• Experience collecting business debt

• Insolvency or litigation experience

• A track record of managing a large portfolio of debts

• Business acumen, entrepreneurial spirit with real enthusiasm for helping SMEs

Don’t take this list as prescriptive: it’s just to give you a sense of who might do well at the job. We’d still love to hear from you if you don’t hit every point on the list, or if you have other experience.

The salary

Our base salary range in London is £33,000 - £38,000. We want to pay all of our employees fairly, so that’s why we regularly benchmark salaries based on market rates and to recognise your increasing value to our business.

The culture

At iwoca, the best idea wins. We model our culture on independent thinking, challenging untested logic, and evidence-based decisions. We prioritise learning and growth, and give people the autonomy to develop in the direction that makes them most effective.

We're a tech company and believe in the power of AI to help us work faster and better. We provide the infrastructure where every iwocan always has access to the best models and where those models have access to all of our data. We will help our people to learn how to use and grow with the new tools available to them.

The offices

We put a lot of effort into making iwoca a great place to work:

• Offices in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks.

• Events and community-led groups, including running groups, padel, and monthly ping-pong and pool competitions.

The benefits

• Flexible working hours.

• Medical insurance from Vitality, including discounted gym membership.

• A private GP service (separate from Vitality) for you, your partner, and your dependents.

• 25 days’ holiday per year, an extra day off for your birthday, the option to buy or sell an additional five days of annual leave, and unlimited unpaid leave.

• A one-month, fully paid sabbatical after four years.

• Instant access to external counselling and therapy sessions for team members that need emotional or mental health support.

• 3% Pension contributions on total earnings.

• An employee equity incentive scheme.

• Generous parental leave and a nursery tax benefit scheme to help you save money.

• Electric car scheme and cycle to work scheme.

• Two company retreats a year: we’ve been to France, Italy, Spain, and further afield.

And to make sure we all keep learning, we offer:

• A learning and development budget for everyone.

• Company-wide talks with internal and external speakers.

• Access to learning platforms like Treehouse.

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