View more on these topics

Exact to employ 30 to 50 staff over next 6 months

Alan Cleary’s new venture Exact is looking to employ between 30 and 50 staff over the next 6 months as part of a major new recruitment drive.

The firm launched its website today and its careers page already features a number of different positions.

They are:

* Collections and recovery technical associate
* Collections and recovery assistant
* Systems accountant
* Compliance monitoring roles

Cleary, managing director at Exact, says: “The main type of people that we are looking for are in collections and recovery.

“We all know that the market is growing and that more people will go into arrears over the next 12 months due to the state of the economy.

“There hasn’t been an arrears problem in the UK for 12 and 13 years, therefore there is a skills shortage and we are helping to plug that gap by offering our services to third parties.”


FSA bends rules for merged mutuals

The Financial Services Authority is to allow merged societies to be covered by deposit protection compensation as separate entities.This follows recent concern that members with savings in two merging mutuals would not be protected if the savings in both accounts exceed the £50,000 maximum deposit protection limit for the Financial Services Compensation Scheme.Jon Pain, retail […]

The month at a glance

The above-mentioned statement by foreign secretary Miliband to recognise Chinese rule over Tibet destroyed at a stroke the Dalai Lama’s negotiating position and led to speculation that the UK decision was linked with Prime Minister Gordon Brown’s efforts to bring China into a new world economic order.

Chewing over the future

About this time last year Lending Strategy invited a group of senior lending executives to a lunch with David Smith, economics editor of the Sunday Times.


News and expert analysis straight to your inbox

Sign up