Recovery Manager, Finland

at  Bondora

At Bondora, our mission is clear: to empower people to enjoy life more while alleviating the stress of managing finances. Founded in 2008, Bondora has proudly served a diverse community of over 1 million customers for an impressive 16 years.
As a rapidly growing financial technology company, we’re reaching new heights with a bold vision. We’re set to acquire a banking license, unlocking a world of possibilities for our customers. Our investment product is available Europe-wide, and we’re actively expanding our loan product footprint to 11 new countries.
Join us on this journey and let’s build the future of finance together!

WHAT IS THIS ROLE ABOUT?

Join our dynamic team at Bondora, where you will lead and transform our debt recovery operations in the Finnish market. As the Finnish Debt Recovery 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 recovery process in Finland, 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 Finnish 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.