Collections & Recoveries Manager

The Collections & Recoveries Manager will support the Head of Collections & Recoveries in managing the Bank’s Commercial Mortgage, Asset Finance and Growth Finance portfolios, implementing effective collections and recovery strategies, and coordinating recovery activity with third parties.

Requirements

• Minimum 3 years’ experience in a Collections department in CM or AF (or both), relating to SMEs.
• Evidence of successfully managing a portfolio of distressed assets to maximise customer collections.
• Expert knowledge and understanding of CM and AF lending products and the options open to a lender to enforce its security in the event of customer default.
• Knowledge of the legal and contractual rights of both the Bank and the customer and the bank’s options to enforce its security in the event of a customer default.
• Knowledge of the current regulatory environment including treating customers fairly and dealing with vulnerable customers.
• Working understanding of PD, LGD and EAD; IFRS 9 and impairment process.

Benefits

• Full onboarding support and continued development opportunities
• Options for flexible working
• Regular social activities
• Pension contributions
• Discretionary bonus scheme
• Private health cover
• Life assurance
• Family friendly policies including enhanced Maternity & Paternity leave

Originally posted on Himalayas