Consumer Debt Collection Executive - Bracknell, United Kingdom - iRecruit Partners Ltd

iRecruit Partners Ltd

Verified Company

Bracknell, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Purpose of role:

To provide administration services for the REO &shortfall portfolios
To manage a portfolio of repossessed reale state properties
To effectively communicate with customers and 3rd parties to ensure all customers and 3rd parties requests are met.

Key Accountabilities:

REO Duties

To make informed decisions and recommendations on repossession sales whilst ensuring the company's interest and reputation and those of the customer are protected at all times
Review valuations and quotations for work where appropriate in relation to repossessed properties
Evaluate listings,offers,auctions and prepare cases for approval
Manage weekly and monthly reporting of realestate management activities
Authorise and approve expenditure within mandate limits
Update REO database in relationt to properties allocated.

Shortfalls Duties

To ensure that requests for documents from the courts are responded to in a timely manner.
Contact the courts for updates on cases.
To ensure relevant documentation is forwarded to agents managing outsourced shortfalls as requested.
To telephone borrowers to chase upon missed monthly payments and arrears.
Carry out arrangement reviews.
To ensure that borrower's bankrupt records are updated on FAMS, POD's lodged with receivers and credit files maintained in line with the requirements of the Credit Reference Agencies.
To ensure the Company's database of litigationon shortfall borrowers is actively managed and kept up to date.
Maintainin house filing system on litigated cases.
Carryout GB search checks as required

Essential Skills/Qualifications: