Head of recoveries

Ready to take your career to the next level? Join LCB Finance PLC as the head of leasing and play a key role in shaping the future of financial services. We’re looking for a visionary leader who can inspire teams, build strong customer relationships, and drive business success.

Duties & responsibilities

1. Managing the overall leasing portfolio of the organization, ensuring a sustainable growth and profitability.
2. Developing and implementing strategic plans to expand leasing business in line with corporate objectives.
3. Driving business development initiatives to acquire new clients and strengthen existing customer relationships.
4. Overseeing credit evaluation, risk assessment, and approval processes for leasing proposals in compliance with internal policies and regulatory requirements.
5. Ensuring strict adherence to guidelines issued by the Central Bank of Sri Lanka (CBSL) and other regulatory authorities.
6. Monitor portfolio performance, including arrears management, recovery strategies, and asset quality.
7. Collaborate with sales, credit, legal, and operations teams to ensure efficient service delivery.
8. Lead, mentor, and develop the leasing team to achieve business targets and maintain high performance standards.
9. Preparing and present periodic reports to senior management on business performance, market trends, and risk exposure.
10. Identify new market opportunities, products, and partnerships to enhance the leasing sector.

Eligibility criteria

1. Bachelor’s degree in finance, banking, business management, accountancy, law or a related discipline from a recognized university.
2. Professional qualifications in banking, finance or credit management will be an added advantage.
3. Minimum 8-10 years’ experience in recoveries, collections or credit operations within a licensed finance company, bank or leasing company, with at least 3 years in a managerial capacity.
4. Through knowledge of recovery laws, leasing recoveries, litigation procedures and debt recovery practices in Sri Lanka.
5. Strong understanding of regulatory requirements and directions applicable to non-banking financial institutions issued by the Central Bank of Sri Lanka.
6. Proven leadership and people management skills with the ability to drive high-performing recovery teams.
7. Excellent negotiation, communication and conflict management skills.
8. Strong analytical and reporting skills with sound decision-making ability.
9. Ability to work under pressure and achieve strict recovery targets within deadlines.
10. High level of integrity, professionalism and customer handling skills.
11. Proficiency in MS Office applications and recovery management systems.
12. Fluency in Sinhala and English; knowledge of Tamil will be an added advantage.

When applying

No 76, S De S Jayasinghe Mawatha, Kohuwala Nugegoda.