At a Glance
- Tasks: Manage loans from settlement to recovery, ensuring payments and deadlines are met.
- Company: Asset Based Lending Pty Ltd, a dynamic finance company in Melbourne.
- Benefits: Competitive salary, supportive team environment, and opportunities for professional growth.
- Other info: Fast-paced environment with opportunities to develop problem-solving and negotiation skills.
- Why this job: Join a hands-on role where your skills make a real difference in finance.
- Qualifications: Experience in finance or loan administration and strong communication skills.
The predicted salary is between 62100 - 75900 $ per year.
- Loan Administration & Recoveries Officer
- Asset Based Lending Pty Ltd – Melbourne VIC
We are seeking a highly organised, proactive and detail-oriented Loan Administration & Recoveries Officer to manage loans from settlement through to payout, extension or, where necessary, default and asset recovery.
This is a hands‑on role requiring strong numerical, communication and problem-solving skills, with responsibility for ensuring payments, deadlines and contractual requirements are managed effectively.
Key responsibilities
- Prepare and issue monthly interest invoices and monitor payments.
- Follow up overdue payments and communicate with borrowers regarding outstanding amounts.
- Prepare loan payout figures upon request.
- Reconcile borrower payments against invoices and loan records, maintaining accurate financial records in Xero.
- Assist with month-end reconciliations and reporting.
- Monitor upcoming loan expiries and proactively contact borrowers to confirm repayment arrangements.
- Assess extension requests based on payment history, exit strategy and current LVR, and seek the required internal approvals.
- Coordinate with valuers and tracking providers to arrange site visits and ensure requirements are completed within required timeframes.
- Manage defaulted loans in accordance with internal procedures and contractual requirements.
- Coordinate with tracking and recovery providers to locate and recover secured assets.
About you
- Experience in finance, lending, loan administration, collections, asset finance or a similar role.
- Experience using Xero or similar accounting software.
- Strong numerical, reconciliation and organisational skills.
- Excellent communication, negotiation and problem-solving abilities.
- Confidence managing overdue payments and difficult conversations professionally.
- The ability to manage competing deadlines, maintain accurate records and identify potential issues early.
- Confidence liaising with external providers, including valuers, tracking companies, recovery agents and auctioneers.
- #J-18808-Ljbffr
Loan Administration & Recoveries Officer in Melbourne employer: Asset Based Lending Pty Ltd
Asset Based Lending Pty Ltd is an exceptional employer located in Melbourne, VIC, offering a dynamic work environment that fosters professional growth and development. With a strong emphasis on teamwork and collaboration, employees benefit from a supportive culture that encourages innovation and problem-solving. The company provides competitive remuneration, comprehensive training programs, and opportunities for career advancement, making it an ideal place for those seeking meaningful and rewarding employment in the finance sector.
Contact Details:
Asset Based Lending Pty Ltd Recruitment Team
