Restructuring and Recoveries Manager - ABL

Skipton Business Finance (SBF) is a subsidiary company of Skipton Building Society Group.

SBF provides a range of working capital finance facilities for UK SME’s with annual turnovers up to £100m.

SBF offer a range of Asset Based Lending (ABL) facilities, including receivables facilities (Confidential Invoice Discounting or disclosed credit managed facilities), Plant & Machinery, property, and inventory / stock loans.  It is also provides facilities on behalf of the British Business Bank and its affiliated loan facilities, of which SBF are an accredited lender. These facilities are seen as a flexible and highly competitive alternative to traditional commercial finance lending.

Key Responsibilities:

• Day to day management of a portfolio of non-performing clients, devising and following strategies agreed in conjunction with line managers and the COO
• Support the Operations team with early intervention conversations and strategies, review of debt including books and review of ABL facilities against valuations and 3rd party appraisals.
• Liaise with professional advisors including solicitors, Receivers, Valuers and IPs where appropriate.
• Manage and maintain the BBB portal to ensure all recoveries are recorded accurately and written off on the systems accurately, also oversight and periodic review of the loans to ensure our system and the BBB poral reflect accurately;
• Represent the business whilst maintaining our reputation, demonstrating our values and key behaviours.
• Identify and monitor potential provisions, report to the COO on any new entries that may increase our bad debt provisions.
• Share knowledge and experience with the wider business, review lessons learned on recoveries, to support best practice and the importance of adhering to the Risk framework. 
• Support the COO with ad-hoc tasks as required. 

Key Skills:

• Excellent customer service and communication skills, both written and verbal.
• Exceptional interpersonal skills and confidence in having difficult conversations. 
• The ability to demonstrate an understanding of the regulatory framework relevant to the role.
• Commercially focused to effectively manage risk and collections while protecting against credit losses.
• Keen attention to detail, including the administration and handling of client data.
• Time management skills - prioritise work effectively and be able to work under pressure to meet agreed service levels, whilst maintaining high accuracy. 

Essential:

• An understanding of restructuring distressed facilities, insolvency, litigation processes and their practical application.
• Property funding experience.
• Strong communicator – verbal and written.
• Awareness of commercial and reputational challenges.
• Proficient with Microsoft office – word, excel and PowerPoint.

Remuneration:

Competitive package – including a competitive base salary, market leading commission scheme, expenses, car allowance, mobile phone, relevant IT, Skipton Group Pension and private medical insurance as well as access to many other benefits with the wider Skipton Group Rewards programme.