Directly working with the VP/SVP FRR in proactively managing all wholesale banking non-performing loans risk grade 5 (WB NPL) and work with clients where credit quality has deteriorated to WATCHLIST (Risk Grade 4), in order to avoid the bank from facing an impairment and to ensure maximum recovery of both the capital and interest.
Undertaking negotiations with clients, banks and external legal counsel to developing recommendations to restructure facilities to improve the WB NPL ratio through identification and implementation of solutions to achieve the highest recovery rates.
Under the guidance of the Vice President Financial Restructuring and Remedial (VP FRR), develop recommendations/proposals to Coordinating/Steering Committees of Creditors, Board Credit and Investment Committee (BCIC), Management Credit Committee (MCC) and providing input on provisions for proposed Non – Performing Portfolio. Execute recommendations following approvals/decisions.
Solutioning of non-performing assets and problem loans by defining personalized strategies and actions plans to ensure value maximization and recovery
Primary contact for WB impaired assets, working pro-actively to manage exposures and mitigate loss.
Recovering of bank assets and propose any remedial action that may be required, including legal.
Support in the managing of the Financial Restructuring and Remedial team in following up on all non-performing loans in order to maximize recovery.
Manage and execute specific assignments as instructed by VP/SVP FRR.
Recovering of bank assets and any remedial action that may be required.
Create appropriate templates and ensure prompt submission to Management.
Participate in the continuous competence improvement and leveling up of team members through shared learning.
Bachelors Degree – Commerce, Economics or related banking studies
Masters Degree – Advantageous
Minimum 10 years banking experience, 5 of which with strong financial restructuring, remedial account management, remedial exposure, and recoveries on delinquent accounts and remedial action required within a corporate banking environment.
Strategic thinking Planning & Organization
Problem solving Strong communication skills
Performance management Strong interpersonal skills
Restructuring People management
Quantitative skills Conflict management
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