Senior Mortgage Recoveries Lead

Castle Trust Group; Basingstoke; Hybrid; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Annual bonus

Pension scheme

Life assurance

25 days leave + bank holidays

Healthcare benefits

Eye-test vouchers

Gym membership discount

Season-ticket travel loans

Job summary

Castle Trust Bank is seeking an experienced Mortgage Recoveries Manager to lead a portfolio of complex mortgage and bridging cases within the Property team. You will assess borrower circumstances, develop recovery strategies and collaborate with borrowers, advisers and internal stakeholders to achieve fair and commercially effective outcomes.

The role offers ownership of cases across restructuring, refinancing, settlements, litigation, receivership and asset realisation, with the option to base

Qualifications

• Proven experience in UK mortgage or bridging arrears, default, workout or debt recoveries.

Responsibilities

• Manage a portfolio of complex mortgage arrears and recoveries cases from early financial difficulty through to resolution.
• Assess borrower finances, security and repayment capacity to determine recovery strategy.
• Develop tailored solutions including repayment arrangements, restructuring, refinancing, settlements and sales.
• Manage enforcement activity where required, including litigation, insolvency, receivership and asset realisation.
• Collaborate with customers and advisers to achieve fair, commercially appropriate outcomes.
• Prepare recommendations and reporting on high-risk and non-performing cases.
• Ensure activities meet regulatory requirements and bank standards.

Job description

Castle Trust Bank is seeking an experienced Mortgage Recoveries Manager to lead a portfolio of complex mortgage and bridging cases within the Property team. You will assess borrower circumstances, develop recovery strategies and collaborate with borrowers, advisers and internal stakeholders to achieve fair and commercially effective outcomes.

The role offers ownership of cases across restructuring, refinancing, settlements, litigation, receivership and asset realisation, with the option to base