NPL Manager
TF Bank AB is seeking a dynamic and hands-on professional to join our team as an NPL Manager. In this role, you will form the strategy for managing and maximizing the value of TF Bank Group’s Non-Performing Loan (NPL) portfolio. You will play a crucial role in building and leading a proactive, skilled NPL management team equipped with tools to optimize our NPL operations. This position involves liaising with third-party collection agencies (3PC), negotiating Forward Flow and portfolio sales agreements, and driving strategic initiatives in the NPL area.
Key Responsibilities:
- Strategic Leadership: Define and execute the NPL strategy, ensuring effective management of the NPL portfolio.
- Portfolio Management: Oversee NPL portfolio activities, including sales as one-offs or through Forward Flow agreements to maximize value.
- Transaction Management: Lead end-to-end transaction processes—engaging investors, structuring deals, and overseeing due diligence and closure.
- Third-Party Management: Collaborate with Debt Collection Agencies (DCAs) to enhance performance through data-driven strategies.
- Tool Development: Continuously evaluate and improve the bank’s NPL management toolkit to enhance operational efficiency.
- Data Analysis: Provide actionable insights from NPL collections data to support effective decision-making.
Qualifications:
- Minimum of 5+ years of experience in managing large, complex transactions and projects in banking or NPL-related field.
- Experience in structuring financial transactions.
- A degree in a relevant field such as Mathematics, Statistics, Economics, or Computer Science /or a strong experience in financial sector.
Preferred Skills:
- Expertise in analyzing Debt Collection Agencies performance to maximize collection efficiency.
- Excellent knowledge of SQL for data extraction and manipulation.
- Department
- Risk & Decision Analytics
- Role
- NPL Manager
- Locations
- Helsinki
- Remote status
- Hybrid
- Employment type
- Full-time
Helsinki
About TF Bank
TF Bank is a digital bank offering consumer banking services and e-commerce solutions through a proprietary IT platform with a high degree of automation. The platform is designed for scalability and adaptability to different products, countries, currencies and digital banking solutions. TF Bank prioritizes organic growth under controlled conditions and expansion is taking place in carefully selected segments and markets. Operations are conducted in the Nordics, the Baltics, Poland, Germany, Austria, Spain, Ireland, the Netherlands and Italy through subsidiary, branch, or cross-border banking with the support of the Swedish banking license.
The business is divided into three segments: Credit Cards, Ecommerce Solutions and Consumer Lending. The target group for all services is creditworthy private individuals, and the loan amounts are relatively small with short repayment terms. TF Bank also offers deposit products in several markets.
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