Motor Finance

Motor Finance firms have become a core part of Kind Consultancy’s client-base over the years, and is one area within UK Financial Services that has really benefited from our Kind Agile Solutions contract recruitment offering, especially as the sector has faced more and more attention from regulators. Read on for a Case Study looking at how we helped one Motor Finance organisation in need of a significant increase in Collections resource –

A large, established motor finance company required additional support within their collections team to work with vulnerable customers in relation to their payment plans. Due to an ongoing relationship, the client reached out to Kind Consultancy asking for them to supply experienced interim Collections Consultants for a 12-month project.

Kind selected people from the King Agile Solutions bench who had a mixture of collections experience and complaint handling experience across Financial Services, combined with a history of working with vulnerable customers. The combination required for the project was a very specialised skill set and the client recognised that these are not people they would be able to find on their own quickly. When a second request came after the appropriate members of the Agile Solutions team were already with the client, Kind then conducted a full deep market search using a mix of methodologies to identify key talent that could be utilised in this project, rapidly taking care of all screening and compliance requirements before they joined the client.

Our contractors went through training and route-to-competency with the client and were fully operational and supporting the team within 4 weeks of the first request coming to Kind.  This has resulted in a significant number of customers being contacted and able to get the specialised support they needed, whilst maintaining strong customer service for the client. The client has expressed great satisfaction with both Kind Consultancy’s service and with the quality of the contractors, and shared their intention to come back to Kind in future should they have similar resource needs.

Vulnerable Customers

A Consumer Finance Business reached out to Kind Consultancy looking to build a team of experienced Case Handlers, with specific expertise in working with vulnerable customers. This organisation had previously worked with Kind Consultancy on other Financial Services hiring needs, and was aware of our specialism within Complaints and of our Kind Agile Solutions offering and was interested in harnessing this to get the resource they needed fast.

Within the Kind Agile Solutions bench of contractors, we had ring-fenced a pool of specialists who we knew had both training and hands-on experience of work with vulnerable customers. We stay close to all of the KAS contractors, a bench of professionals with specialist skills who we have worked with repeatedly and who we trust to deliver high quality work. We also maintain frequently refreshed screening documentation for all Agile Solutions talent, and keep up to date on when they have availability for new projects.

Utilising Agile Solutions, we were able to have a full team on site for the client and at work on their cases within 10 working days of taking the initial brief. The new team was hugely successful, with their contracts being extended multiple times to manage an increase in customers identified as vulnerable.

Kind Agile Solutions allows us to connect clients to Financial Services professionals much quicker than through traditional recruitment methods, and we’ve used it to deliver large scale teams for time-sensitive projects, but also to rapidly supply a senior interim when an organisation has a need for leadership during their search for a permanent executive or Head Of.

If you’re looking for contract Financial Services talent with niche skillsets and knowledge, contact Kind Consultancy via our web-form today – and if you’re a Complaint Handling contractor looking for contract opportunities with some of the most exciting businesses in the Financial Services space, follow us on LinkedIn to hear about our new opportunities first.

Collections

A large, established motor finance company required additional support within their Collections team to work with vulnerable customers in relation to their payment plans.

Due to an ongoing relationship across previous recruitment projects, the client reached out to Kind Consultancy asking for assistance supplying experienced interim Collections Consultants for a 12-month project.

Kind selected professionals from the King Agile Solutions bench who had a mixture of collections experience and complaint handling experience across Financial Services, combined with a history of working with vulnerable customers. The combination required for the project was a very specialised skill set and the client recognised that these are not people they would be able to find on their own quickly – and that it would be especially difficult to build out a full team that met all of their requirements.

We submitted a shortlist of trusted contractors we knew could deliver on the client’s needs. The selected Kind Agile Solutions contractors went through training and route-to-competency with the client and were fully operational and supporting their permanent team within 4 weeks of the first request coming to Kind. The team quickly worked through the backlog of vulnerable customers who needed contacting, creating payment plans and agreeing terms that were suitable for each customer. With the Agile Solutions resource handling these needs, the organisation’s permanent team were able to continue delivering strong customer service for the client.

When a second request came for extra resource after the appropriate members of the Agile Solutions team were already placed with the client, Kind then conducted a deep market search using a mix of methodologies to identify key talent that could be utilised in this project, taking care of all screening and compliance requirements before they joined the client’s project. The very best of the contractors in this second batch were subsequently invited to join Agile Solutions after proving themselves on the project.

A tailored, consultative approach allows us to respond to complex client needs while consistently delivering exceptional results. For a confidential conversation about your organisation’s resource requirements and how Kind Consultancy may be able to help, contact us via our web-form today. If you’re a Collections contractor looking for exciting new projects, follow Kind Consultancy on LinkedIn to stay up to date with all of our opportunities.

Vulnerable Customers

One of our clients, a consumer finance business, reached out to us as they were experiencing a substantial increase in the number of Vulnerable Customers and associated complaint cases. The scale of the increase and the need for specialist skills was beyond their existing resource.

We worked with the client to make a plan – we would supply a full team of 14 people to focus exclusively on the vulnerable customer cases.  We immediately contacted the contractors on the Kind Agile Solutions who we knew were available for a new project and had Vulnerable Customer expertise.

Because we had made sure to build up a pool of specialist Vulnerable Customer talent within Kind Agile Solutions, we were able to have a full team on site and working on cases within 10 working days from the initial contact. The client has repeatedly renewed the contracts of the team, with VC case numbers remaining high due to increasing vulnerability in the customer base, and our KAS team continue to be the core of the response strategy.

Collections : Case Study

A large, established motor finance company required additional support within their collections team to work with vulnerable customers in relation to their payment plans. Due to an ongoing relationship, the client reached out to Kind Consultancy asking for them to supply experienced interim Collections Consultants for a 12-month project.

Kind selected people from the King Agile Solutions bench who had a mixture of collections experience and complaint handling experience across Financial Services, combined with a history of working with vulnerable customers. The combination required for the project was a very specialised skill set and the client recognised that these are not people they would be able to find on their own quickly. When a second request came after the appropriate members of the Agile Solutions team were already with the client, Kind then conducted a full deep market search using a mix of methodologies to identify key talent that could be utilised in this project, rapidly taking care of all screening and compliance requirements before they joined the client.

Our contractors went through training and route-to-competency with the client and were fully operational and supporting the team within 4 weeks of the first request coming to Kind.  This has resulted in a significant number of customers being contacted and to get the specialised support they needed, whilst maintaining strong customer service for the client.

[Read the full series of Kind Consultancy Case Studies to learn about the different ways we help our clients achieve success]

[To keep up with all our latest news, including new Collections contract opportunities, follow Kind Consultancy on LinkedIn]

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