Credit Recoveries Manager
A leading financial institution is seeking a Credit Recoveries Manager to lead the management of impaired and non-performing loans. This role is crucial in ensuring effective recovery strategies and minimising financial losses. The ideal candidate will have a strong background in real estate finance and debt restructuring.
Day-to-day of the role:
- Lead the recovery of impaired/non-performing loans, including reporting to senior committees.
- Develop and implement tailored recovery strategies for distressed assets.
- Manage relationships with external stakeholders including solicitors, valuers, receivers, and agents.
- Oversee receivership processes and property asset management where required.
- Coordinate enforcement actions and negotiate repayment plans with borrowers.
- Support lending and credit teams with strategy development for stressed exposures.
- Ensure compliance with regulatory reporting and internal governance requirements.
- Maintain up-to-date policies, procedures, and internal records.
Required Skills & Qualifications:
- Proven experience in debt recovery, restructuring, within banking or real estate finance.
- Strong knowledge of insolvency law and charged security.
- Excellent negotiation, communication, and stakeholder management skills.
- Analytical mindset with strong problem-solving abilities.
- Familiarity with regulatory frameworks and governance processes.
Benefits:
- Competitive salary.
- Opportunity to work in a leading financial institution.
- Chance to lead critical financial recovery operations.
- Professional development and career advancement opportunities.
To apply for this Credit position, please submit your CV and cover letter detailing your relevant experience and why you are interested in this position.
