Servicing Manager

  • GBP50000.00 - GBP65000.00 per annum
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Cobalt Recruitment
  • 13 Aug 18 2018-08-13

Our client is a market leading alternative lender providing Residential and Commercial Property Finance along with 1st and 2nd charge Bridging Loans. Due to increased lending volumes, they are looking to hire a Servicing Manager in to their Loan Servicing team which plays a crucial role in all post completion activity.

Main duties:

  • Managing a portfolio of loans, including payment performance, arrears management and recommending strategies for any default cases.
  • Managing all aspects of loans in placed in to recoveries .
  • Analysing and suggesting any provisions to loans.
  • Shortfall recovery.
  • Producing forecasts of redemption activity and liaising with the finance department accordingly.
  • Agreeing part releases of security.
  • Working with the Credit Team to agree extensions to client's loans.
  • Liaise with the Sales Team regarding new loans for existing clients.
  • Instructing asset managers to attend properties.

Requirements & Abilities:

  • Strong knowledge of the mortgage industry.
  • Experience of dealing with loans in recoveries.
  • Experience of working closely with solicitors and receivers.
  • Experience of developing and presenting strategies.
  • Negotiating experience.
  • Used to working within a fast-paced environment with an ability to prioritise tasks from a high work-flow.