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Collections specialist - asset finance

London
Metro Bank
Finance
Posted: 5 January
Offer description

What you will do:

• Support the Head of Business & Credit Support (B&CS) and Asset Finance (AF) B&CS Credit Partner in identifying,

categorising and managing AF customers showing signs of risk deterioration, including taking ownership of customer

engagement and management (through an insolvency and formal recovery process if/when appropriate,) focusing on

achieving both a full understanding of and the best outcome for the Bank and customer within an acceptable timescale

• Early engagement with such customers, negotiating with them and their advisers alongside Credit Partners from B&CS, the

Head of Recoveries and Asset Management for AF and the wider A F collections team. Insolvency professionals, lawyers,

recovery agents and auction houses

• Develop specific timebound strategic action plans to address lending quality concerns (ideally assisting with individual

provisioning calculations where appropriate), ensuring a prompt and appropriate understanding of the position and response

/engagement with customers

• Be mindful of and follow Treating Customers Fairly (TCF) principles at all times

• Understand the recovery process from early arrears through to contract termination, recovery and disposal of assets,

demanding on guarantors and engaging 3rd party recovery agents, solicitors and insolvency practitioners, where needed

• Maintain accurate information and data records in the Customer Relationship Management ( CRM) based Case

Management System (CMS) & Commercial Risk Grading Application (CRGA) customer rating system

• Appropriately engage with Insolvency / Property & Legal Professionals cost effectively on cases, always with an eye to

achieving the most appropriate strategy within an acceptable timescale (with these regularly discussed & reviewed in

conjunction with the HO B&CS and Credit Partners.)


And... we are a bank so risk is a part of everything we do. We love people who take responsibility, do the right thing for customers, colleagues and Metro Bank and have the ability to call out any concerns.

What you will need:

• Some experience of collections or recoveries in Asset Finance, Financial Services or the legal sector

• Good experience of customer relationship management including undertaking difficult conversations/negotiations

• Ideally an understanding and experience of AF documentation General Business & unregulated Corporate / Commercial

Bank lending

• Ideally some restructuring, insolvency and legal knowledge

• Some wider Economic & Business awareness

• Good understanding of and experience in conduct risk and TCF principles

• Understand the risks associated with your job and what that means for you, Metro Bank and all our stakeholders


Our promise to you…


• We will make sure that you are well-rewarded by providing you with a competitive salary, discretionary annual bonus, and a wide range of benefits, including generous holiday allowance, attractive pension scheme, healthcare, life assurance, and a number of colleague discounts!

• We will give you the training to ensure you succeed in your role and plenty of internal opportunities to progress your career (around 40% of our recruitment comes from internal promotions!

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