drjobs Corporate Recovery Director

Corporate Recovery Director

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1 Vacancy
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Job Location drjobs

Cheadle - UK

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

As a Corporate Recovery Director you will be responsible for managing a portfolio of Corporate Customers who are experiencing challenges around either servicing loans security risks and/or exit risks. 

As a Corporate Recovery Director we are looking for someone to:

  • Manage the credit relationship for a portfolio of customers classified as facing stressed & / or distressed situations implementing turnaround & recovery strategies and techniques to minimize credit risk
  • Be a subject matter expert in recovery & business restructuring who can confidently challenge professional advisors to achieve the best outcome for customers and Together
  • Lead credit discussions with customers and obtain approval for exposures / actions from the appropriate authority and work with management teams and key internal & external stakeholders
  • Analyze and challenge information received from customers and / or advisors checking back to source documentation in order to undertake a robust situation analysis and formulate turnaround / recovery / restructuring strategies
  • Visit customers to discuss the issues leading to the stressed & / or distressed situation develop a relationship and consider appropriate strategies to address the concerns
  • Make clear and supported credit recommendations (including loan restructuring where appropriate) monitor management information and oversee security & documentation requirements liaising with external legal counsel where appropriate
  • Support the Head of Corporate Recovery to identify risk of impairment in a timely manner and in identifying lessons learned for feedback to the wider business

Qualifications :

Essential

  • Significant experience in credit risk and workout roles in SME and corporate lending
  • Expert knowledge of the commercial & residential lending market
  • Good understanding of financial accounts & cash flow forecast
  • Deep knowledge of credit management & recovery strategies
  • Evidence of balanced and independent judgement to derive evaluate and recommend strategies
  • Strong relationship management & negotiating skills with the ability to challenge and influence
  • Proven analytical skills with a strong working knowledge of risk control

If you feel you have some of the skills mentioned above but not all please do still apply and we would be happy to have a further discussion with you in regards to your suitability for the role.


Additional Information :

Together embraces diversity and inclusion and are proud to be an equal opportunity workplace. Not only do we welcome difference we celebrate it support it and really value our colleagues for who they are. We are committed to building a team that represents a variety of backgrounds perspectives and skills.

If you feel youd benefit from any support or reasonable adjustments during any stage of the recruitment process please dont hesitate to let us know when completing your application. This information will be picked up by our team so we can try and put steps in place to help you be at your best through this process.

Click here for more information on our Recruitment Process

Please note that all successful applicants will undergo relevant employment reference financial and criminal record checks.


Remote Work :

No


Employment Type :

Full-time

Employment Type

Full-time

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