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Permanent

Loan Servicing and Recovery Specialist

London
money-bag 45000.00-45000.00 Annual
2998796172
Posted 1 week ago

Job Title: Loan Servicing and Recovery SpecialistLocation: North London - Hybrid at least 2 days a week in the officeSalary: 45,000- 50,000 plus incentives linked to loan book arrears reductionHours: Monday to Friday 9:30am to 5.30pm About the position of Loan Servicing and Recovery Specialist:Are you an experienced Loan Servicing and Recovery Specialist? We''re seeking a talented professional to take full ownership of a large loan portfolio at a growing bridging lender. This is a standalone role with substantial responsibility and significant potential, as the loan book continues to expand.In this role, you will: Monitor and manage loan performance across a portfolio focused on residential and development-backed assets. Work directly with borrowers to implement structured solutions, including payment plans and term extensions. Handle complex workouts and coordinate with LPA receivers when enforcement becomes necessary. Play a key role in shaping the servicing and recovery strategy of a specialist bridging lender.This opportunity has the potential to develop into a leadership positionResponsibilities for the role of Loan Servicing and Recovery Specialist:Loan Portfolio Management:Oversee the servicing of a diverse loan portfolio, ensuring accurate records and proactive monitoring of performance.Track arrears and defaults, implementing strategies to maintain portfolio quality and reduce risk.Arrears and Recovery:Engage with borrowers in financial difficulty to agree on susta

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