Libertas Funding

Head of Asset Recovery

Greenwich, CT · Contract

Sponsorship not specifiedDetected 21 days ago

Financial AnalysisValuationCustomer SupportLeadershipAccounts PayableUnderwriting

About the role

The Head of Asset Recovery leads the end-to-end resolution of problem loans, developing and executing recovery strategies that protect principal and maximize outcomes through restructuring, settlement, liquidation, or exit.
This role conducts detailed borrower and guarantor financial analysis, recommends risk grade/accrual and loss recognition actions, and negotiates and documents workout arrangements while monitoring ongoing performance.
The position also oversees collection-related litigation and post-judgment efforts, coordinates collateral evaluation and disposition, partners cross-functionally (Legal, Credit/Loan Policy, Loan Operations, Compliance) and provides portfolio reporting and leadership to the asset recovery department.

Implements lockbox arrangements, direct debtor notifications (for accounts receivable redirection), or asset seizures where necessary.
Early Intervention Consulting: Partners with frontline SME lending teams to identify early warning signs of deteriorating liquidity (e.g., overdraft patterns, frequent loan extensions, trade payment delays) to mitigate / minimize losses before default.
Coordination with Risk Stewards: Partner with Legal, Compliance and Credit/Loan Policy to ensure negotiated workout agreements and recovery actions remain compliant with internal policy and applicable requirements

Attend and support legal proceedings as required (hearings, depositions, trials, etc.)
Communicate regularly with Senior Leadership, including formal portfolio reporting as required.
Perform other related duties as required
Ideal Candidate Profile:

5-7 years of commercial underwriting experience, specifically working with asset-backed structures, UCC-1 filings, blanket liens, and borrowing base monitoring.
Strong credit and financial analysis skills
solid understanding of commercial credit structures and loan policy (formal credit training preferred)
Underwriting Knowledge: 5-7 years of commercial underwriting experience, specifically working with asset-backed structures, UCC-1 filings, blanket liens, and borrowing base monitoring.

Libertas Funding is an institutional-quality private credit firm headquartered in Greenwich, CT, providing growth capital, revenue-based financing, and working capital solutions to established small and medium-sized businesses nationwide.
We seek qualified candidates who work with integrity and excellence, and who value teamwork, customer service, diversity, and accountability.
Backed by deep institutional banking and credit expertise, Libertas combines proprietary technology and disciplined underwriting with a relationship-first approach, serving as a long-term financial partner to middle-market businesses pursuing acquisitions, expansion, and other strategic growth initiatives.
Position Overview:

This listing is sourced directly from Libertas Funding's careers page and normalized into a canonical job model.