A long-standing investment company with offices globally and in Cyprus is working in partnership with GRS Recruitment to hire a Recoveries Manager for their Nicosia based team. The successful candidate will have the opportunity to join a strong team of professionals with legal, finance and banking backgrounds. The team works intensely with external finance and lawyer and other professionals based in both Cyprus and abroad to support the business. If this role sounds interesting to you, GRS Recruitment looks forward to receiving your CV for this Nicosia based Recoveries Manager, today.
MAIN DUTIES AND RESPONSIBILITIES
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Responsible for recovering bridge finance loans in default.
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Develop and implement recovery strategies to maximize debt collection and minimize losses.
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Review and analyse delinquent accounts to determine appropriate recovery actions.
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Negotiate repayment plans with borrowers and oversee the collection process.
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Monitor and track progress on recovery efforts, ensuring timely and effective resolution of delinquent accounts.
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Collaborate with legal counsel, external agencies, and other stakeholders to escalate recovery efforts when necessary.
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Maintain accurate records of all recovery activities and ensure compliance with regulatory requirements.
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Provide regular reports and updates on recovery performance to senior management.
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Identify opportunities for process improvement and implement best practices in recovery operations.
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Stay informed about industry trends, regulatory changes, and best practices in debt recovery.
CANDIDATE PROFILE
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Bachelor’s degree in finance, Business, or related field. A master’s degree or professional certification in credit management will be considered an advantage.
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At least 5 years proven experience in credit management, debt recovery, or collections, with a focus on bridge finance loans.
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Strong leadership and team management skills, with the ability to motivate and coach team members.
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Excellent negotiation and communication skills, with the ability to interact effectively with borrowers and external partners.
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Knowledge of relevant regulations and compliance requirements in the financial services industry.
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Analytical mindset with the ability to assess data, trends, and performance metrics to drive recovery strategies.
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Proficiency in financial software and tools for tracking and managing recovery activities.
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Ability to work under pressure, meet deadlines, and adapt to changing priorities in a fast-paced environment.
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Fluency in Greek and English, both written and verbal
COMPANY BENEFITS
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13th salary
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Provident Fund
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Medical Insurance
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Fridays – half day
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Covered parking place.
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Career Development
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
Alex Evangelides, alex@grsrecruitment.com quoting the above job reference or call +357 25 342 720 for further information.