- Develop strategies to minimise defaults and maximize recoveries
- Collaborate with the underwriting and risk management teams
- Develop strategies to minimise defaults and maximize recoveries.
Central LondonSalary - Our client, a highly successful specialist lender are seeking an experienced Collections/Loan Manager to oversee the management and recovery of their bridging loan portfolio. The ideal candidate will have a strong background in loan management, excellent communication skills, and a passion for supporting our clients throughout their borrowing journey.Key Responsibilities:
- Manage the collections process for overdue loans, ensuring compliance with regulatory requirements.
- Develop strategies to minimise defaults and maximize recoveries.
- Liaise with clients to negotiate payment plans and settlements.
- Monitor and report on loan performance metrics.
- Collaborate with the underwriting and risk management teams to assess loan recovery potential.
- Maintain accurate records of client communications and payment statuses.
Key Requirements:
- Proven experience in collections or loan management within the financial services sector.
- Strong understanding of bridging finance products and market dynamics.
- Excellent negotiation and communication skills.
- Ability to analyse financial data and assess risk.
- Proficient in using loan management systems and MS Office Suite.