On behalf of a client, a servicing company specializing in non-performing loans, we are seeking to recruita Loan Asset Management Officer in Nicosia.
Position’s Duties and Responsibilities
- Handling of assigned customer groups and providing service to borrowers as to ensure the smooth running of the daily operations.
- Research/collect information and update/monitor actions and customer data.
- Analyze financial statements, assess the financial condition of debtors and draw conclusions about the possibility of a restructuring/settlement agreement and prospects of debt recovery.
- Suggest optimum solutions based on financial analysis
- Arrange meetings with clients, lawyers, accountants and intermediaries, negotiate solutions for restructuring/settlement of facilities
- Maintain communication channels with Approving Authorities, other Company functions, valuation offices, law firms and client consultants, as to achieve restructuring solutions.
- Negotiate with clients, lawyers, accountants and intermediaries in a timely manner the terms of settlement /recovery strategies in order to reach a final agreement.
- Monitor restructured facilities and compliance with the terms of agreements
- Monitor and coordinate the process of issuing court decisions in cooperation with Court Officers and Lawyers
- Guide and support Assistant Officers in setting priorities, collecting data and preparing assigned requests/tasks.
- Maintain communication with customers, solve problems and handle complaints, in order to maintain the quality of service according to Company standards.
- Be informed, comply with, and implement the "Debt Management Directive" of the Central Bank of Cyprus, the Regulatory Compliance instructions, the Security Regulations, as well as the various Circulars, Instructions and Procedures of the Company.
Position’s Requirements
- Bachelor’s Degree in Business, Economics, Finance, Banking or any other relevant background
- Minimum of two years of prior experience in a similar position
- Previous experience of banking software would be considered as an advantage
- Fluency in both Greek and English
- Ability to manage a high volume of calls, efficiently and professionally
- Strong commercial awareness, ability to work well under pressure and efficiently manage time and priorities
- Ability to work individually and as part of a team
- Excellent communication and negotiation skills, both verbal and writing
