Default Recovery Manager at Fairstone
Location
toronto, on
Job Type
Full-time
Category
Other-General
Posted
June 17, 2026
Lead recovery initiatives at Fairstone Bank as a Default Recovery Manager in Toronto. Drive delinquency reduction and improve collection processes while enhancing team performance.
As the Manager of Default Recovery Collection, you will oversee all early-stage collection activities and ensure adherence to industry best practices. Your role involves collaborating with third-party vendors, managing delinquent accounts, and implementing operational improvements. Bring your leadership and financial expertise to this significant position within the company.
Key Responsibilities:
• Lead a team to mitigate loss and reduce delinquency
• Monitor productivity for optimal team efficiency
• Manage vendor performance and relationships
• Develop recovery strategies based on account risks
• Provide guidance on negotiations and solutions
Requirements:
• Post-secondary degree or diploma required
• 5+ years of leadership experience preferred
• Proven background in mortga...
As the Manager of Default Recovery Collection, you will oversee all early-stage collection activities and ensure adherence to industry best practices. Your role involves collaborating with third-party vendors, managing delinquent accounts, and implementing operational improvements. Bring your leadership and financial expertise to this significant position within the company.
Key Responsibilities:
• Lead a team to mitigate loss and reduce delinquency
• Monitor productivity for optimal team efficiency
• Manage vendor performance and relationships
• Develop recovery strategies based on account risks
• Provide guidance on negotiations and solutions
Requirements:
• Post-secondary degree or diploma required
• 5+ years of leadership experience preferred
• Proven background in mortga...