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Corporate recovery manager

Cheadle (Staffordshire)
Together Recruitment
Recoveries manager
Posted: 10h ago
Offer description

Job Description


As a Corporate Recovery Manager, you will be responsible for managing a portfolio of Corporate Customers who are experiencing challenges around either servicing loans, security risks and/or exit risks.

As a Corporate Recovery Manager, we are looking for someone to:

* Manage the credit relationship for a portfolio of customers classified as facing stressed & / or distressed situations, implementing turnaround & recovery strategies and techniques to minimize credit risk
* Confidently challenge professional advisors to achieve the best outcome for customers and Together
* Support credit discussions with customers and obtain approval for exposures / actions from the appropriate authority and work with management teams and key internal & external stakeholders
* Analyze and challenge information received from customers and / or advisors, checking back to source documentation, in order to undertake a robust situation analysis and formulate turnaround / recovery / restructuring strategies
* Visit customers to discuss the issues leading to the stressed & / or distressed situation, develop a relationship and consider appropriate strategies to address the concerns
* Make clear and supported credit recommendations (including loan restructuring where appropriate), monitor management information and oversee security & documentation requirements, liaising with external legal counsel where appropriate

Qualifications


Essential

* Experience in credit risk and workout roles in SME and corporate lending
* Expert knowledge of the commercial & residential lending market
* Understanding of financial accounts & cash flow forecast
* Knowledge of credit management & recovery strategies
* Evidence of balanced and independent judgement to derive, evaluate and recommend strategies
* Strong relationship management & negotiating skills with the ability to challenge and influence
* Proven analytical skills with a strong working knowledge of risk control

If you feel you have some of the skills mentioned above, but not all, please do still apply and we would be happy to have a further discussion with you in regards to your suitability for the role.



Additional Information


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Together embraces diversity and inclusion, and are proud to be an equal opportunity workplace. Not only do we welcome difference – we celebrate it, support it and really value our colleagues for who they are. We are committed to building a team that represents a variety of backgrounds, perspectives and skills.

If you feel you'd benefit from any support or reasonable adjustments during any stage of the recruitment process, please don’t hesitate to let us know when completing your application. This information will be picked up by our team, so we can try and put steps in place to help you be at your best through this process.

Click here for more information on our Recruitment Process

Please note that all successful applicants will undergo relevant employment reference, financial and criminal record checks.

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Corporate recovery manager
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