Head of Recoveries – LCB Finance PLC

Job Overview

LCB Finance PLC is seeking a dynamic and experienced professional for the position of Head of Recoveries. This senior leadership role is responsible for managing recovery operations, arrears management strategies, leasing portfolio performance, and ensuring regulatory compliance within the organization.

The ideal candidate should possess strong leadership, credit recovery expertise, and extensive experience in the finance or leasing sector.

Job Title

Head of Recoveries

Company

LCB Finance PLC

Job Location

Kohuwala, Nugegoda, Sri Lanka

Job Type

Full-Time

Job Description

LCB Finance PLC is looking for a visionary leader to manage and strengthen its recoveries and collections operations. The selected candidate will oversee recovery strategies, credit operations, portfolio performance, and recovery team management while ensuring compliance with Central Bank regulations and company policies.

The role requires strategic planning, leadership, negotiation skills, and deep knowledge of leasing recoveries and debt recovery procedures in Sri Lanka.

Duties & Responsibilities

• Manage the overall leasing portfolio to ensure sustainable growth and profitability
• Develop and implement strategic plans to expand leasing business operations
• Drive business development initiatives to acquire new clients and strengthen customer relationships
• Oversee credit evaluation, risk assessment, and approval processes for leasing proposals
• Ensure compliance with Central Bank of Sri Lanka (CBSL) regulations and internal policies
• Monitor portfolio performance including arrears management and asset quality
• Collaborate with Sales, Credit, Legal, and Operations teams for efficient service delivery
• Lead, mentor, and develop the leasing and recovery teams
• Prepare periodic reports on business performance, market trends, and risk exposure
• Identify new market opportunities, partnerships, and product improvements

Eligibility Criteria

• Bachelor’s Degree in Finance, Banking, Business Management, Accountancy, Law, or related field
• Professional qualifications in Banking, Finance, or Credit Management will be an added advantage
• Minimum 8–10 years of experience in recoveries, collections, or credit operations within a Licensed Finance Company or Leasing Company
• Minimum 3 years of managerial experience
• Strong knowledge of:
  • Recovery laws
  • Leasing recoveries
  • Litigation procedures
  • Debt recovery practices in Sri Lanka
• Excellent understanding of CBSL regulatory requirements
• Proven leadership and people management skills
• Strong negotiation, communication, and conflict management abilities
• Excellent analytical and reporting skills
• Ability to work under pressure and meet strict recovery targets
• High level of professionalism and customer handling skills
• Proficiency in MS Office and recovery management systems
• Fluency in Sinhala and English (Tamil knowledge is an added advantage)

Required Skills

• Recovery management
• Credit operations
• Risk assessment
• Leadership and team management
• Negotiation and communication
• Financial reporting
• Regulatory compliance
• Customer relationship management

How to Apply

Interested candidates can submit their applications via:

📧 careers@lcbfinance.lk

📞 011 28 25 404

📍 LCB Finance PLC
No. 76, S De S Jayasinghe Mawatha,
Kohuwala, Nugegoda, Sri Lanka.