Collections and Recovery Manager, Lithuania

What is this role about?

Join our dynamic team at Bondora, where you will lead and transform our debt recovery operations in the Lithuanian market. As the Lithuanian Recovery and Collections Manager, you will play a crucial role in driving recovery strategies, managing the default portfolio, and ensuring compliance with local regulations while creating a positive impact on Bondora's growth and success.

Your main responsibilities will be:

• Establishing and driving the debt collections recovery process in Lithuania, adapting strategies to local conditions, regulations, and cultural factors.
• Managing the default portfolio, ensuring efficient tracking, collection, and recovery.
• Leading and implementing strategies to optimize recovery rates and align them with company objectives.
• Building and maintaining relationships with external partners such as legal advisors, courts, bailiffs, and collection agencies.
• Staying updated on market trends and legal requirements in debt recovery, sharing insights with stakeholders.
• Monitoring and analyzing portfolio performance, using key metrics to refine and enhance recovery efforts.

What would ensure success in this role?

• 3+ years in debt recovery within the Lithuanian market, with a strong understanding of local practices, regulations, and customer behavior.
• In-depth knowledge of debt collection laws, compliance requirements, and risk management.
• Proven track record in optimizing recovery workflows and managing Non-Performing Loan (NPL) portfolios.
• Strong negotiation skills and an established network with DCAs, bailiffs, and other stakeholders.
• Hands-on approach to problem-solving and task execution, actively engaging in recovery processes when needed.
• Strong analytical skills to assess recovery data, identify trends, and develop effective strategies.

What can you expect at Bondora? 

• Contribute to Bondora’s ambitious goal of reaching 1BN in revenue. Your skills and efforts will directly impact our growth trajectory and shape the future of our company.
• Our employees deserve the best. We recognize our people with a competitive salary and a generous benefits package (5 weeks of vacation, private healthcare compensation, hobby grant, mental healthcare support, share options and much more!)
• We provide an environment that encourages your personal and professional growth. As we constantly evolve and innovate, you’ll have endless opportunities (and budget) to expand your skills and skyrocket your career.

The next steps

If you have the guts, ideas, and a team vision, apply now! 

Our hiring process: 

• Meet Iryna, our Recruiter: Your first interview with Iryna will give you the chance to share your experiences and aspirations. 
• Assessments: Complete our personality and logic assessments to showcase your strengths. 
• Engage with Giedre Toleikyte, our Head of Operations for Recovery: Impress our Head of Operations for Recovery with your expertise. 
• Put your skills to the test: Tackle a home task related to legal and analytics field. 
• Meet Helena, Chief Loan Services and Justas, Country Manager in Lithuania. 
• The celebration begins: If the stars align, receive an offer to join the Bondora team!