Loan Asset Management - Unit Manager

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On behalf of our client a well-established and well-known portfolio management company, GRS are seeking a Loan Asset Management - Unit Manager to join their team in Nicosia. The Manager must have a minimum of five years prior experience in a relevant field and a proven ability to manage a team. If you are looking to develop your career and have the necessary qualifications for this position, we will be glad to receive your CV today!
  • Distributes customer groups to team, determines the goals, priorities, and schedules of each according to the strategy of the Unit, in order to submit requests for debt recovery timely.
  • Maintain communication with clients/lawyers/accountants/intermediaries, solve problems and handle complaints in order to maintain quality of service according to the standards of the Company.
  • Participate with Officers in meetings with clients, lawyers, accountants and intermediaries, negotiate solutions for restructuring/settlement of facilities, including the issuance of court decisions, with the aim of collecting debt and maximizing revenue for the company.
  • Review and evaluate requests for restructuring, foreclosures or appointment of Receiver/ Administrator/ Liquidator, in order to collect and reduce non-performing liabilities.
  • Monitor the progress of pending decisions by Approving Authorities as well as the progress of other tasks with aim their timely completion.
  • Negotiate with clients, lawyers, accountants and intermediaries in a timely manner the terms of settlement /recovery strategies in order to reach a final agreement.
  • Monitor the restructured financing repayments as the terms of the restructuring agreement, in order to make them serviced and to be transferred timely to the Department.
  • Be informed, comply with, and implement the "Arrears Management Directive" of the Central Bank of Cyprus and other relevant instructions of the Company, in order to ensure that all the members of the Team comply.
  • Direct, coordinate and supervise the timely response to emergency tasks/ campaigns required by various authorities/ departments such as Central Bank, external advisors/ auditors, Regulatory Compliance, Operational Risk, Internal Audit as well as any other tasks assigned by the Head of Loan Asset Management Department.
  • A bachelor’s degree in business, Economics, Finance, Banking or any other relevant background
  • Minimum of 5 years of prior experience in a similar position and/or proven ability to manage a team of 8-10 people
  • Knowledge of banking industry rules and regulations, primarily in the areas of credit or recoveries
  • Ability to manage a high volume of calls, efficiently and professionally
  • Ability to solve problems
  • Strong leadership and organizational skills
  • Strong commercial awareness, ability to work well under pressure and efficiently manage time and priorities
  • Attention to detail
  • Ability to work individually and as part of a team
  • Excellent communication and negotiation skills, both verbal and writing
  • Fluency in both Greek and English, written and spoken
  • Provident fund
  • Performance based bonus
  • Flexible working hours
Due to the high volume of applications, we receive at GRS Recruitment, only shortlisted candidates will be responded to.
To apply for this position, please email your CV to Lorraine Piggott-Brown, quoting the above job reference or call +357 25342720 for further information.

Job Summary
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    15 May 2024
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  • 7581