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Financial Support Agent

About Lendable

Lendable is on a mission to make consumer finance amazing: faster, cheaper and friendlier.

  • We're building one of the world’s leading fintech companies and are off to a strong start:

  • One of the UK’s newest unicorns with a team of just over 400 people

  • Among the fastest-growing tech companies in the UK

  • Profitable since 2017

  • Backed by top investors including Balderton Capital and Goldman Sachs

  • Loved by customers with the best reviews in the market (4.9 across 10,000s of reviews on Trustpilot)

So far, we’ve rebuilt the Big Three consumer finance products from scratch: loans, credit cards and car finance. We get money into our customers’ hands in minutes instead of days.

We’re growing fast, and there’s a lot more to do: we’re going after the two biggest Western markets (UK and US) where trillions worth of financial products are held by big banks with dated systems and painful processes.

Join us if you want to

  • Take ownership across a broad remit. You are trusted to make decisions that drive a material impact on the direction and success of Lendable from day 1

  • Work in small teams of exceptional people, who are relentlessly resourceful to solve problems and find smarter solutions than the status quo

  • Build the best technology in-house, using new data sources, machine learning and AI to make machines do the heavy lifting

About Lendable


Lendable is on a mission to make consumer finance amazing: faster, cheaper and friendlier.

 

> We're building one of the world’s leading fintech companies and are off to a strong start:

> One of the UK’s newest unicorns with a team of just over 400 people

> Among the fastest-growing tech companies in the UK

> Profitable since 2017

> Backed by top investors including Balderton Capital and Goldman Sachs

> Loved by customers with the best reviews in the market (4.9 across 10,000s of reviews on Trustpilot)


So far, we’ve rebuilt the Big Three consumer finance products from scratch: loans, credit cards and car finance. We get money into our customers’ hands in minutes instead of days.

 

We’re growing fast, and there’s a lot more to do: we’re going after the two biggest Western markets (UK and US) where trillions worth of financial products are held by big banks with dated systems and painful processes.



Join us if you want to


> Take ownership across a broad remit. You are trusted to make decisions that drive a material impact on the direction and success of Lendable from day 1

> Work in small teams of exceptional people, who are relentlessly resourceful to solve problems and find smarter solutions than the status quo

> Build the best technology in-house, using new data sources, machine learning and AI to make machines do the heavy lifting



About the role


Location: Chatham, Kent UK


The Financial Support team is responsible for working with customers experiencing financial difficulty and struggling to make their contractual payments. Our primary role is to interact with customers to understand their circumstances to ensure we can offer a solution which is both affordable and sustainable and meets their individual needs.


Reporting to the Team Lead, you will undertake customer queries via telephony, email and live chat. We're looking for a superstar that can consistently improve overall quality standards, and embed processes and procedures to deliver good customer outcomes.

Your objectives

  • Ensure all customer contact is conducted to the highest standard and quality monitoring results are consistently achieved to evidence good customer outcomes.

  • Ensure process and policy adherence, highlighting processes to management which may require enhancement.

  • Interact directly with customers via voice/non-voice as part of your role to ensure customer demand is met.

  • Support customers ensuring interactions are assessed against Lendables quality assurance scorecard and delivering meaningful and tailored responses.

  • Identify opportunities for product and process improvement to better serve customers, escalating where appropriate any identified risks or potential risks that are a risk to achieving good customer outcomes.

  • Support other areas within Operations to meet operational performance if required.

  • Meeting defined individual and team performance targets to ensure delivery of key business and good customer outcomes are evidenced and met.

  • Identifying and recording customer dissatisfaction against Lendables processes and responding appropriately to achieve complaint resolution, where complaint resolution is not possible following complaint escalation procedures.

  • Signpost customers to relevant free debt charities, alternatively, identifying appropriate charities based on the customers' individual needs and circumstances.

  • Identifying vulnerable customers and ensuring vulnerable processes and policies are adhered to to support customers who may be vulnerable.

Your profile

  • Minimum 6 months of Financial Support/Collections experience preferable 

  • Previous cards experience desirable 

  • Previous experience of working to target desirable

  • Previous experience of working in a customer contact/facing role essential (if no previous work experience, able to evidence competencies which demonstrate capability)

What you'll need to succeed

  • A logical and methodical approach to evaluating individual circumstances to identify appropriate solutions based on a customer's circumstances

  • Strong communication skills both written and verbal to support customers across Lendables channels

  • Strong prioritisation skills, ability to organise 

  • Resilient and calm approach when faced with difficult situations

  • Able to adapt written and verbal communication to suit an individual's needs.

Life at Lendable (check out our Glassdoor page)


> The opportunity to scale up one of the world’s most successful fintech companies.

> Best-in-class compensation, including equity.

> You can work from home every Monday and Friday if you wish - on the other days we all come together IRL to be together, build and exchange ideas.

> Enjoy a fully stocked kitchen with everything you need to whip up breakfast, lunch, snacks, and drinks in the office every Tuesday-Thursday.

> We care for our Lendies’ well-being both physically and mentally, so we offer coverage when it comes to private health insurance

> ​We're an equal opportunity employer and are looking to make Lendable the most inclusive and open workspace in London


Check out our blog!

Life at Lendable (check out our Glassdoor page)

  • The opportunity to scale up one of the world’s most successful fintech companies.

  • Best-in-class compensation, including equity.

  • You can work from home every Monday and Friday if you wish - on the other days we all come together IRL to be together, build and exchange ideas.

  • Our in-house chef prepares fresh, healthy lunches in the office every Tuesday-Thursday

  • We care for our Lendies’ well-being both physically and mentally, so we offer coverage when it comes to private health insurance

  • ​We're an equal opportunity employer and are looking to make Lendable the most inclusive and open workspace in London

Check out our blog!

Average salary estimate

$35000 / YEARLY (est.)
min
max
$30000K
$40000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Financial Support Agent, Lendable

At Lendable, we’re on a mission to revolutionize consumer finance, and we need a dedicated Financial Support Agent to join our dynamic team in Chatham! This is not just another job; it’s an exciting opportunity to make a real difference in people’s lives. As a Financial Support Agent, you'll engage directly with customers experiencing financial difficulties, helping them find sustainable solutions that align with their unique circumstances. You'll communicate with customers via telephone, email, and live chat, ensuring that every interaction meets the highest standards of quality and care. Lendable is one of the fastest-growing fintech companies in the UK, and we pride ourselves on our innovative approach to delivering financial products. Your role will involve assessing individual situations, identifying potential improvements in our processes, and contributing to the overall success of our customer service. We value resourcefulness and creativity, so you’ll have the freedom to propose better approaches and solutions. With a supportive team and a culture that emphasizes ownership and accountability, this position offers the chance to impact our mission positively from day one. Become part of a company that’s backed by top investors and loved by customers. If you’re ready to take on challenges, grow your career, and feel fulfilled in your work, apply today to be our next Financial Support Agent at Lendable!

Frequently Asked Questions (FAQs) for Financial Support Agent Role at Lendable
What are the responsibilities of a Financial Support Agent at Lendable?

As a Financial Support Agent at Lendable, your primary responsibilities include interacting with customers who are facing financial difficulties, understanding their individual circumstances, and offering tailored solutions. You’ll handle queries via various channels including voice, email, and live chat, while ensuring that all customer interactions meet quality standards. Additionally, you'll identify opportunities for product and process improvements and work collaboratively within the operations team to enhance overall customer satisfaction.

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What qualifications are needed for the Financial Support Agent role at Lendable?

To be considered for the Financial Support Agent position at Lendable, candidates should ideally possess at least six months of experience in financial support or collections. While prior experience in a customer-facing role is essential, demonstrated skills in communication, organization, and problem-solving are equally valuable. Attention to detail, resilience, and the ability to adapt communication styles to suit different customers will help you thrive in this role.

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How does Lendable support its Financial Support Agents in their roles?

At Lendable, we believe in investing in our team members. Financial Support Agents receive comprehensive training and continuous support to ensure they are equipped to handle customer inquiries efficiently. We foster an environment where agents can provide feedback on processes and contribute to improvements, enhancing their job satisfaction and performance. Moreover, we prioritize employee well-being, offering benefits like private health insurance and a flexible work-from-home policy, allowing you to maintain a healthy work-life balance.

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What does a typical day look like for a Financial Support Agent at Lendable?

A typical day for a Financial Support Agent at Lendable involves engaging with customers facing financial challenges through various communication channels. You’ll spend your day fielding inquiries, conducting quality monitoring of outcomes, and documenting customer feedback. Problem-solving is key, as you assess individual circumstances, identify solutions, and communicate these effectively. Collaboration with your team and meeting performance targets are also integral parts of your daily routine.

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What career development opportunities are available for Financial Support Agents at Lendable?

At Lendable, we are committed to the growth and development of our employees. Financial Support Agents have the opportunity to enhance their skills through comprehensive training programs and mentorship from experienced team members. Success in this role can lead to advancement opportunities within the company, allowing you to take on more responsibility and possibly explore different areas within our innovative fintech environment.

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Common Interview Questions for Financial Support Agent
Can you describe your approach to handling difficult customer interactions as a Financial Support Agent?

When facing difficult customer interactions, I prioritize empathy and active listening. I believe it's essential to understand their situation fully before proposing solutions. I remain calm under pressure and aim to restore the customer's confidence in our services by offering tailored solutions that address their needs while adhering to our company policies.

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How do you ensure that you comply with policies and procedures while assisting customers?

I ensure compliance by thoroughly familiarizing myself with the company’s policies and procedures. During customer interactions, I adhere to established protocols and use the quality assurance scorecard to assess my communication. I also seek clarification from management whenever I encounter uncertainties, ensuring that I maintain high-quality standards in all my customer dealings.

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What experience do you have that prepares you for the Financial Support Agent role at Lendable?

I have over six months of experience in a customer support position in the financial sector, where I dealt directly with customers in need of assistance. This experience taught me how to navigate complex financial issues while maintaining a customer-centric approach. I’ve developed strong communication and problem-solving skills that I believe will be beneficial for the Financial Support Agent role at Lendable.

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Describe a time when you identified a process improvement opportunity in your previous role.

In my previous role, I noticed that our response time to customer inquiries could be improved by categorizing requests and prioritizing urgent matters. I proposed implementing a triage system that allowed our team to respond more effectively. After a successful trial, this process significantly cut down our response times and improved overall customer satisfaction.

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How do you handle personal stress when faced with high-pressure situations in a customer service environment?

I manage stress by maintaining a positive and resilient mindset. When faced with high-pressure situations, I practice deep breathing techniques and take short breaks when needed to maintain focus. I also prioritize tasks to stay organized, which helps me to remain productive without becoming overwhelmed.

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What strategies do you use to ensure effective communication with customers?

Effective communication starts with active listening to ensure that I fully understand the customer's needs. I use clear and straightforward language and adapt my communication style to suit the individual. I also summarize our discussions to confirm understanding and reassure them that I am here to help.

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How do you assess whether a proposed solution is suitable for a customer’s financial situation?

I evaluate potential solutions by considering the customer’s financial capabilities and ensuring they align with our assessment criteria. This involves asking probing questions to get a clear picture of their circumstances. Additionally, I utilize company guidelines and resources to propose solutions that are not only effective but also sustainable.

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Can you give an example of how you have contributed to a team effort in your past work experience?

In my previous position, I collaborated with colleagues to design a training module for new hires, focusing on best practices for customer interactions. My contributions included developing role-play scenarios based on real customer experiences, which allowed new agents to practice handling various situations effectively. The feedback from the training sessions was overwhelmingly positive.

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What motivates you in a customer support role like the Financial Support Agent position?

I am motivated by the opportunity to make a positive impact on customers' lives. Helping individuals navigate their financial challenges and find solutions that work for them aligns with my values. Additionally, being part of a progressive company like Lendable that prioritizes innovation and customer satisfaction inspires me to bring my best to the team every day.

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How do you prioritize tasks when managing multiple customer requests simultaneously?

I prioritize tasks by assessing the urgency and complexity of each request. I maintain a to-do list to track my progress and ensure that I'm addressing time-sensitive matters promptly. If necessary, I communicate with customers about expected response times, ensuring they remain informed and reassured that their issues are being handled efficiently.

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Founded in 2014, Lendable offers loans to consumers by matching them with investors. It aims to make loan applications easier and quicker by using technology to automate credit decisions and give borrowers instant, personalized interest rates. Len...

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Full-time, hybrid
DATE POSTED
January 27, 2025

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