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