Senior Asset Management Associate
7 months ago
About the team:
The Real Estate Asset Management Team are a close knit team that support the bank by effectively managing short term loans from inception and providing efficient management of all properties in possession and under the management of LPA Receivers
About Us:
The OSB Group is a FTSE 250 specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market.
Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.
Alongside passion for our products and customers, we're passionate about our people and want to continue building a collaborative and engaging environment. Being dedicated to Diversity, Equity and Inclusion, we encourage differences and recognise that individuals from diverse backgrounds and experiences can bring valuable insights and enhance the way we work. This is supported by our Diversity, Community and Environment Employee Engagement Networks and our commitment to the Women in Finance Charter and Women in Leadership Programme.
What you will be doing:
In this role, you will be responsible for monitoring Short Term Bridging Loans from inception through to full redemption within term, (and beyond with agreement or taking legal action where required), whilst liaising with customers and their appointed third parties to check progression and timescales of exit plans. In addition you will also be required to assist with cases in possession and LPA Receivership. In this unique and varied role, you will have the opportunity to work on your own initiative whilst developing your career goals.
Your responsibilities will include
- Ensuring optimum availability to take incoming calls from customers and colleagues, thereby minimising waiting times.
- Ensuring all time critical tasks are prioritised.
- Loading new Bridging cases onto the system daily and set up initial review date based on lending rationale, and continuing to manage them effectively through their life cycle.
- Providing feedback to Short Term Lending Team on any contentious issues that arise which may conflict with the declared exit plan.
- Ensuring any letters issued to reflect action being taken are accurate in terms of content and adhere to current legislation requirements.
- Working closely with Solicitors, Asset Managers and LPA Receivers to work out suitable exit strategies.
In return for your commitment:
We offer a base salary dependent on experience from £28,500 and a competitive benefits package including:
- Discretionary annual bonus opportunity of up to 15%
- 28 days annual leave plus bank holidays
- Contributory pension (8% employer 5% employee)
- Life Assurance (4x salary) plus Group Income Protection
- Access to Private Medical Insurance and Medical Cash Plan
- Maternity & Adoption Leave - Occupational Maternity/Adoption Pay provided at 100% of salary for the first 13 weeks and at 50% of salary for the next 13 week period.
- Paternity Leave - 4 weeks of paid leave to be taken within 8 weeks of childbirth
- Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme.
Could you be the one?:
We are looking for talented individuals who have the experience and knowledge set out below:
- Previous experience working within the financial services industry is essential.
- Strong knowledge of ‘cradle to the grave processes’ for Possession and LPA Receivership is essential.
- Ability to articulate clearly by letter, details of actions taken in an ‘easy to understand’ manner are essential.
- Four GSCE/GCE qualifications at grade C (or equivalent) or above to include both Maths and English, both of which are essential.
We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.
What to do next:
Alternatively, if you wish to have an informal and confidential chat please get in touch. Contact details can be found on our careers page.
- OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds._
- As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis rece
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