Senior Real Estate Recoveries Manager

The Trust; Manchester; On-site; GBP 90,000 - 120,000; Full time

Job summary

Secure Trust Bank Group is a UK-based specialist bank seeking a Senior Manager to lead recoveries across Real Estate Finance. You will own high-risk cases, develop evidence-based recovery strategies and work with senior stakeholders to deliver timely outcomes.

Responsibilities include managing portfolios, analysing complex exposures, negotiating with borrowers and coordinating with Legal, Finance and external advisers to drive enforcement, restructuring or resolution.

Qualifications

• Strong credit underwriting and credit risk management experience within UK Real Estate Finance.
• Experience managing higher-risk, distressed or non-performing exposures within a bank, specialist lender, advisory firm or insolvency environment.
• Ability to assess complex capital structures, cash flows, valuations, security packages and exit strategies.
• Understanding of restructuring, forbearance, enforcement and insolvency options relevant to UK Real Estate Finance.
• Knowledge of the legal and regulatory framework affecting Real Estate Finance lending and recoveries.

Responsibilities

• Manage an allocated portfolio of higher-risk, walklist/ distressed Real Estate Finance exposures.
• Analyze borrowers, sponsors, guarantors, security, cash flows, valuations and exit strategies.
• Turn complex information into clear analysis and well-reasoned recommendations.
• Prepare concise papers for senior stakeholders including the Impairment Decisioning Committee and Credit Committee.
• Develop and implement recovery, stabilisation, restructuring, consensual resolution or enforcement strategies.
• Negotiate with borrowers, sponsors and guarantors and manage milestones, information requirements and action plans.
• Monitor borrower, asset and market performance and identify changes affecting the Bank's position.
• Support impairment and expected credit loss assessments under IFRS 9.
• Collaborate with Credit Risk, Legal, Finance and Relationship Management.
• Manage relationships with external advisers including valuers, solicitors, insolvency practitioners and receivers.
• Contribute to improving recovery procedures, templates, management information and lessons learned.

Job description

Secure Trust Bank Group is a UK-based specialist bank seeking a Senior Manager to lead recoveries across Real Estate Finance. You will own high-risk cases, develop evidence-based recovery strategies and work with senior stakeholders to deliver timely outcomes.

Responsibilities include managing portfolios, analysing complex exposures, negotiating with borrowers and coordinating with Legal, Finance and external advisers to drive enforcement, restructuring or resolution.