Senior Recovery Manager
1 week ago
Fintellect Recruitment is seeking a seasoned professional to lead our recovery efforts.
Key Responsibilities:
- Manage a portfolio of default and recovery loan cases, ensuring timely and efficient resolution.
- Develop and implement business strategies to optimize recovery outcomes and maximize repayment.
- Review loan and security documents, credit papers, and valuations to evaluate each case and devise effective strategies.
- Present case strategies and progress updates to the borrower review forum and risk board.
- Implement strategies through oral and written communications with borrowers, guarantors, and advisors.
- Provide regular progress reports to the Head of Legal and Recoveries.
- Prepare data and management information on default and recovery cases.
- Assist in compiling information on suspended cases, defaults, and estimated losses.
- Support the Chief Risk Officer in delivering the business strategy.
Required Skills:
- Experience in loan portfolio management, particularly defaults and recoveries.
- Knowledge of property lending and loan security.
- Good understanding of banking and financial services practice.
- Ability to assess company accounting information.
- Invoice Finance or Trade Finance experience is a plus.
- Business and commercial awareness.
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