Senior Recoveries Manager

Overview

In this Senior Manager role, you manage higher-risk, distressed and non-performing Real Estate Finance exposures, delivering evidence-based recovery strategies. You work closely with the Recoveries leadership and external advisers to secure timely, controlled outcomes. You assess complex situations, propose commercially viable options, and guide cases from stabilisation through to resolution. The position offers visibility in a specialist bank and requires sharp judgment, stakeholder management and a practical, analytical approach.

Pay / Benefits

• competitive salary
• benefits
• opportunities for development
• award programs
• autonomy in a fast-paced environment

Responsibilities

• Manage a portfolio of higher-risk, watchlist, distressed and non-performing Real Estate Finance exposures
• Analyse borrowers, sponsors, valuation, cash flows and exit strategies
• Convert complex information into clear analysis and recommendations
• Prepare concise papers for senior committees (Impairment Decisioning Committee and Credit Committee)
• Develop and implement recovery, restructurings, consensual resolution or enforcement strategies
• Negotiate with borrowers, sponsors and guarantors and manage milestones and action plans
• Monitor 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 such as valuers and insolvency practitioners
• Contribute to improvement of recovery procedures, templates and management information

Key requirements

• Strong credit underwriting and credit risk management experience in UK Real Estate Finance
• Experience managing higher-risk, distressed or non-performing exposures in banking or related environments
• Ability to assess complex capital structures, cash flows, valuations and exit strategies
• Understanding of restructuring, forbearance, enforcement and insolvency options in UK Real Estate Finance
• Working knowledge of legal/regulatory framework for Real Estate Finance recoveries
• Strong written and verbal communication with negotiation skills
• Ability to manage multiple complex cases with accuracy and attention to detail
• Collaborative approach and resilience in time-sensitive situations
• Qualification in banking, accountancy, legal, property or restructuring is welcome but not essential

• Strong communication and stakeholder management
• Constructive challenging and negotiation
• Collaborative and resilient in complex environments
• Credit underwriting and risk management in Real Estate Finance
• IFRS 9 impairment and ECL frameworks
• Ability to assess complex capital structures and exit strategies

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