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Commercial loan servicing specialist

London
Stellar Select
Commercial
Posted: 6 August
Offer description

Job Title: Commercial Loan Servicing Specialist

Location: Uxbridge Hybrid 3 days WFH

Salary: Up to £40,000

Benefits:

25 days holiday plus public holidays
Private medical insurance
Salary Sacrifice Pension matched up to 8%
Season Ticket Loans
Cycle to Work Scheme
Employee Assistance Programme (EAP)
Enhanced Maternity and Paternity
Wellbeing Days
Volunteering Days
Free Hot Drinks
Eye Care Vouchers
Relaxed Dress Code
Discounted Gourmet Society Taste Cards
Discounted RAC Vehicle Breakdown Cover
Discounted Gym Membership
Life AssuranceAbout the Role of Commercial Loan Servicing Specialist:

If you have experience in term expiry management and collections in the bridging lending sector, this role is perfect for you. As a Commercial Loan Servicing Specialist, you'll be at the heart of both primary and special servicing activities, managing a diverse range of bridging loans. Your day-to-day will involve engaging directly with customers and clients, delivering tailored solutions, and ensuring strict adherence to internal SLAs and regulatory standards.

Responsibilities of the position of Commercial Loan Servicing Specialist:

Engage with customers and clients regularly to understand and address account servicing needs
Conduct primary servicing activities, including income and expenditure reviews and implement solutions such as payment arrangements, assisted sales or loan workouts
Monitor agreed strategies and take appropriate action where necessary
Work closely with solicitors and stakeholders to support legal and insolvency processes
Prepare and submit referrals for all cases outside of mandate to the Manager
Produce accurate, high-quality management information and reporting as needed
Adhere to all internal policies and procedures, ensuring compliance with regulatory and legislative standards
Support the implementation of approved case strategies across the portfolio
Contribute to the culture of Treating Customers Fairly and meet Consumer Duty expectationsExperience and Skills Required for the position of Commercial Loan Servicing Specialist:

Background in collections, arrears handling, or a similar regulated servicing environment within Bridging finance is essential (open to similar product/lending types)
Experienced in term expiry
A basic understanding of insolvency and legal servicing processes is desirable
A team player with a proactive, solutions-focused attitudeFor more information regarding the role of Commercial Loan Servicing Specialist, please contact us

Stellar Select is acting as an employment agency and is a corporate member of the REC.

Due to a high volume of applications, we will only contact you if your application has been successful. We aim to respond to successful applicants within two business days

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