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Manager, Default Recovery - Collections at Fairstone - ApplyBlast

Manager, Default Recovery - Collections

Fairstone

4 months ago

Toronto, Ontario

Hybrid

Full Time

Manager

0 applicants

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About this role

The Manager, Default Recovery - Collections role at Fairstone Bank oversees early-stage collection activities across residential and commercial mortgages, as well as credit card portfolios. This position involves leading a team to mitigate losses, managing third-party vendor relationships, and implementing operational improvements while ensuring strict compliance with regulatory guidelines. The candidate will drive delinquency resolution strategies, optimize recovery rates, and provide executive reporting on performance metrics.

Responsibilities

Lead and develop a team of collection specialists to mitigate loan losses
Oversee early-stage collection activities across multiple mortgage product lines
Manage external third-party vendors and collection agency relationships
Implement process enhancements to improve recovery rates and operational efficiency
Report performance metrics and delinquency trends to senior leadership

Skills

Qualifications

University degree preferredPost secondary degree or diploma

About Fairstone

fairstone.ca

Headquarters

Montreal, Quebec, Canada

Company Size

1001-5000 employees

Founded

1926

View Profile

With a nearly 100-year legacy in Canada, Fairstone offers quick personal loans and mortgages to near-prime customers online and in 250 branches coast to coast.