
Loss Recovery Professional
5 days ago
This is a challenging role for a seasoned professional with expertise in loss recovery and customer engagement. As a Senior Loss Recovery Specialist, you will be responsible for managing a portfolio of high-risk arrears accounts, ensuring timely action to resolve outstanding debts.
- Manage a portfolio of complex, high-risk arrears accounts.
- Apply commercial acumen to determine suitable recovery strategies.
- Engage directly with customers using advanced collections techniques.
- Maintain detailed records of all customer interactions and recovery efforts.
- Oversight of the repossession process to ensure compliance with internal procedures and regulatory requirements.
Key Responsibilities:
- Managed a portfolio of high-risk arrears accounts, ensuring appropriate and timely action to resolve outstanding debts
- Applied commercial judgement to determine suitable recovery strategies, including debt write-offs, escalations, or referrals to mercantile agencies
- Engaged directly with customers using advanced collections techniques to secure immediate payments or establish sustainable payment arrangements
- Maintained detailed and accurate records of all customer interactions and recovery efforts, supporting transparency and audit readiness
- Provided clear and concise instructions to external mercantile agencies, ensuring thorough investigation and resolution pathways
- Oversaw the repossession process, ensuring compliance with internal procedures and regulatory requirements
Deep Understanding: Financial Services and Asset Finance industry, including NCCP and Debt Collection Guidelines.
Proven Experience: Loss recovery, collections, and responsible lending environments.
Skills: Strong negotiation and customer engagement skills with a high level of emotional intelligence.
Salary: $85,000–$90,000 + super
Work Hours: 8:30 am–5:00 pm
Location: Melbourne - 2 days/week in the office (any days)
Seniority Level: Senior
IndustryCredit Intermediation, Financial Services, and Insurance
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