Themis Portfolio Management L imited is a specialized servicer of non-performing loans. The company is seeking to recruit Property Enforcement Manager in Nicosia.
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Themis Portfolio Management Limited is a specialized servicer of non-performing loans. The company is seeking to recruit Property Enforcement Manager in Nicosia.
Responsibilities:
- Supervise the operations of the Property Enforcement Unit to ensure foreclosure proceedings comply with legislative frameworks.
- Review and approve new foreclosure proposals based on the internal approving limits.
- Collaborate closely with the Loan Asset Management Units (LAM) on case handling and provide technical support as needed.
- Manage the operations of external vendors providing foreclosure services to the Company.
- Support internal and external teams in managing complex cases.
- Ensure that all systems are duly updated.
- Deliver on annual targets assigned.
- Liaise with external Vendors to resolve arising issues promptly.
- Participate in the negotiation and preparation of contracts for any new outsourcing engagement.
- Present proposals related to Unit operations upon relevant Ccommittees, and deliver presentations as required.
- Act as the primary liaison for foreclosure issues with external entities such as the Central Bank and ACB E-Auctions.
- Ensure that the designated reports on the status of the foreclosure process, are timely delivered to the various stakeholders, including any regulatory reports.
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Work closely with the Legal Department and external legal advisors to analyse the impact of new legislation and obtain legal opinions on significant issues affecting the foreclosure process.
· Incorporate legislative amendments affecting the foreclosure process into the Company’s procedures, policies, and systems.
- Participate in regular and ad hoc committees as recommended by the Head of the department and approved by the Company’s Executive Committee.
- Manage risks related to Unit operations and ensure incidents are reported timely and accurately in line with Company policies.
- Oversee the handling of foreclosure-related legal matters (e.g., application appeals) in collaboration with external legal associates and LAM Units to safeguard the Company’s interests.
- Stay updated on and implement regulations, procedures, and circulars relevant to the Unit’s operations.
Requirements:
- A bachelor’s degree from an accredited University in the areas of Business, Economics, Finance or Banking.
- At least 10 years of experience in the banking sector and preferably, in the area of credit.
- At least 10 years of managerial experience with large teams.
- Strong commercial awareness, ability to work well under pressure and efficiently manage time and priorities.
- Excellent multitasking abilities.
- Any prior experience in a similar position would be considered as an advantage.
- Advanced communication and negotiation skills are essential.
- Fluency in both Greek and English, written and spoken.
Remuneration Package:
An attractive remuneration package including premium benefits will be offered to the successful candidate based on skills and experience. In addition, but not limited to our benefits include:
- Provident Fund
- Discretionary Incentive Scheme
- Life Insurance
- Flexible working arrangement
- Employee Assistance Program
- Company events
- Company discount scheme
Job applications are thoroughly screened, and only successful candidates will be contacted.
Themis’ services and supporting operational procedures are of a highly sensitive nature due to the information being accessed and used. Our internal policies stipulate that no job offers can be made to individuals who have Non-Performing Loans (NPLs) owed to any banking institution in Cyprus, at the time of entering an employment contract with Themis Portfolio Management Limited. To this end, you are advised that if your application reaches the stage where we may consider making an offer to you, you shall be required to confirm that you don’t have any NPLs and to provide your national identification (ID) number as well as your consent for Themis to conduct a full search of the existence of any such NPLs with any banking institution in Cyprus.