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Permanent

Senior Servicing Specialist

London
money-bag £35000 - £55000/annum Benefits
Posted 3 days ago

Job title: Senior Servicing Specialist

Location: Remote

Salary: -35,000 to -55,000 depending on experience

Hours: Monday to Friday 9 am to 5:30 pm

Benefits:

  • 25 days annual leave, plus bank holidays; increasing by 1 day per year worked, up to a maximum 30 days
  • Option to buy/sell up to 3 days'' holiday
  • Death in Service at 4 x salary (from day one of employment)
  • 5-year, 10-year and 15-year excellent service awards
  • Car parking (limited onsite or, if offsite, cost of parking refunded)
  • Employee Assistance Programme
  • Active charity support (non-mandatory)
  • Monthly mindfulness sessions
  • Complimentary Christmas/summer parties/Team evenings and social events
  • Company BBQs on HQ sun terrace
  • Daily fruit bowl, healthy snacks, and coffee machine/tea
  • Paddleboards for free hire/Office table tennis.
  • Workplace pension scheme

About the Role of Senior Servicing Specialist:

As a Senior Servicing Account Manager, you will take ownership of complex and high-risk loan cases within the servicing function, with a strong focus on arrears management, recoveries, and enforcement. Experience within bridging finance is essential, as you will be working across short-term, fast-paced lending scenarios.

You will proactively manage borrowers in arrears or default, working closely with legal representatives, receivers, and third-party stakeholders to deliver the best possible outcomes for the lender.

Responsibilities for the position of Senior Servicing Specialist:

  • Service and monitor a portfolio of UK bridging loans, tracking performance and repayment ability
  • Manage arrears and enforcement actions, including possession, LPA receivership, and litigation
  • Negotiate with borrowers and guarantors to achieve sustainable repayment solutions
  • Produce loan performance reports and MI for senior management
  • Liaise with borrowers, partners, and third parties to progress cases effectively
  • Assess and recommend lender consent items across loan and real estate matters
  • Provide expertise on arrears and recoveries, supporting wider servicing teams
  • Identify and escalate risks, ensuring decisions align with policy and commercial objectives
  • Contribute to process improvements to enhance efficiency and customer outcomes

Experience required for the position of Senior Servicing Specialist:

  • Extensive experience in loan servicing, recoveries, or collections within bridging or specialist lending
  • Excellent negotiation and borrower engagement skills, with the ability to balance firm commercial decisions with fair treatment.
  • Strong stakeholder management skills, particularly in working with legal advisers, receivers, and valuers.
  • Analytical and detail-oriented, with the ability to assess risk and recommend recovery strategies.
  • Proficiency in Microsoft Office and loan management systems.
  • Strong organisational skills.
  • Strong IT skills with knowledge of loan management/CRM systems.

For more information regarding the role of Senior Servicing Specialist, please contact us.

Stellar Select is acting as an employment agency and is a corporate member of the REC.

Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.

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