OP Corporate Bank plc Latvia Branch is part of OP Financial Group, the leading financial service group of Finland established in 1902 providing a comprehensive range of banking and insurance services to private and corporate customers. OP is Finland’s largest employer in the financial sector with approximately 13 000 finance professionals, including more than 140 employees in the Baltic states.
OP Corporate Bank plc Latvia Branch provides financial services to legal entities and is an important financial partner for the largest corporate and public sector companies in Latvia since 2008. Being part of a large and strong financial group allows us to provide high quality professional financial services and ensure consistent availability of credit resources and a competitive edge in the local market, including products that promote sustainable economy.
Currently, they are looking for a Senior Credit Controller to join their team!
As a Senior Credit Controller, you will play a key role in ensuring the timely repayment of granted loan and leasing liabilities. You will be responsible for monitoring customer payment behaviour, managing debt recovery processes, and collaborating with internal and external stakeholders to mitigate credit risk.
Key responsibilities
• Monitor existing customers and their payment behaviour
• Restructure financing arrangements in cases of payment difficulties
• Manage dunning (pre-trial debt collection) and oversee legal debt collection process
• Collaborate with local debt collection agencies and other external partners
• Organize and manage the repossession process, including safekeeping of repossessed assets
• Oversee the sale of repossessed assets
• Prepare and deliver regular reports of debt collection KPIs
• Draft and submit credit proposals.
About you
• Minimum of 5 years of experience in credit control, corporate debt recovery or financial restructuring
• Solid understanding of Latvian legal framework in debt repossession
• Strong financial analysis and restructuring skills
• Excellent communication and co-operation skills
• High attention to detail and critical thinking abilities
• Self-motivated with the ability to work independently and manage tasks effectively
• Proficient in MS Office tools (Excel, PowerPoint, Word)
• Fluent in Latvian and English, both written and spoken; knowledge of Russian is desirable
• Higher education in Finance, Economics, Legal or related discipline.
What OP Bank offers
• Collaborative and positive working environment built on transparency, respect, and sustainability
• Stability and opportunities for long-term professional development
• Comfortable office located in the heart of Riga
• Flexible hybrid work arrangement
• Monthly salary starting from 3300 EUR gross, plus annual performance-based bonuses
• Company culture that supports wellbeing and work-life balance, with a comprehensive benefits package.
