Senior Asset Manager

2 days ago

Wolverhampton, Wolverhampton, United Kingdom OSB Group Full time

About the Role

The OSB Group is seeking a highly skilled Senior Asset Manager to join our team. As a key member of our Asset Management department, you will be responsible for managing a team of Asset Management Associates and overseeing the end-to-end functionality of our collections and recoveries mortgage service systems.

Key Responsibilities

  • Manage a team of Asset Management Associates to ensure effective asset workout strategies and minimize losses.
  • Develop and implement optimal collection and work-out strategies in collaboration with Asset Management firms, Solicitors, and LPA Receivers.
  • Oversee the management of portfolios of short-term lending, properties in possession, and properties in the hands of LPA Receivers.
  • Monitor market sentiment in jurisdictions where assets reside and provide recommendations for improvement.
  • Collaborate with other functional areas to ensure risks are fully considered and understood in potential new possession/LPA cases.
  • Advise the Group Head of Asset Management and Specialist Financial Support on key operational issues and provide recommendations for improvement.

What We Offer

We offer a competitive salary, discretionary annual bonus opportunity, and a comprehensive 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.

Requirements

We are looking for talented individuals with:

  • An understanding or previous experience of minimizing losses in mortgage assets.
  • A solid career within the financial services industry or asset real estate management.
  • Experience of analyzing and presenting detailed data points and outcome-focused work-out strategies.
  • Detailed knowledge of the legal structure affecting property and recovery.

What to Expect

We are committed to diversity and inclusion in the workplace and offer a supportive environment for our employees to grow and develop. If you are a motivated and experienced professional looking for a new challenge, please apply now.

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