Head of Recoveries

Head of Recoveries Responsibilities Managing a portfolio of the Company’s default and recovery loan cases. Build the strategy of the business, ensuring it is fit for purpose through a high growth period. Review the Company’s loan and security documents, credit papers and valuations to evaluate each case. Devising strategy on each case and implement by pro-active management to optimise efficiency of outcome and maximise repayment. Present case strategy and progress updates to the Company’s borrower review forum and risk board (as required). On default cases to implement the strategy through oral and written communications with the borrower, guarantors, the Company’s advisors (and other involved parties). Provide progress reports on a regular basis to the Head of Legal and Recoveries. Preparation of data and management information on the Company’s default and recovery cases. Assist to compile information on suspended cases, defaults and estimated losses. Support the Chief Risk Officer on the delivery of the business strategy. Required Skills Experience in loan portfolio management, in particular 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 would be useful. Business and commercial awareness.