Job description
Director of Recoveries
Are you an experienced credit professional with a passion for recovery management in real estate finance? We are working with a prominent UK financial institution to identify a seasoned Director of Recoveries to lead their approach to high-risk and non-performing assets within the real estate finance portfolio. This pivotal role will play a crucial part in shaping the governance framework and recovery processes for distressed exposures.
Key Responsibilities:
- Develop and implement a robust governance framework to manage distressed and non-performing exposures.
- Lead debt recovery efforts for defaulted cases and maintain strong relationships with key internal and external stakeholders.
- Oversee the management of high-risk cases, working closely with clients to facilitate a return to performing status.
- Ensure compliance with legal and regulatory standards for recovery and credit management.
- Provide strategic recommendations to senior stakeholders to minimize potential losses in the assigned portfolio.
Requirements:
- Extensive credit underwriting experience in the UK Real Estate Finance sector.
- Proven expertise in managing distressed or non-performing assets, with a strong knowledge of applicable legal and regulatory standards.
- Excellent communication skills, with the ability to convey complex information to senior stakeholders concisely.
- Proficiency in developing strategic frameworks to support distressed debt activities.
This is an exceptional opportunity to lead within a high-impact role in a trusted financial institution, contributing to the effective management and recovery of non-performing assets. If you bring the expertise and strategic vision were seeking, wed love to hear from you.
To apply or learn more, contact Northreach Recruitment today.
