Job Purpose:
To manage assigned remedial accounts and to ensure maximum recoveries of Non-Performing Loans, Memorandum and other remedial accounts by implementing the Bank’s NPL reductions and recoveries strategies.
Accountabilities:
Debt Management:
Manage assigned remedial accounts effectively to ensure restructuring/ settlements will deliver maximum recoveries to reduce Non-Performing Loans ratio.
Perform comprehensive due diligence and obtain additional information needed for developing strategies to ensure the Recovery Bank Strategy of reducing NPL and maximizing recoveries is achieved.
Client Management:
Actively engage in meeting clients to identify and discuss potential opportunities for debt settlement by providing creative solutions, thus ensuring value maximization for the bank. Follow up on a regular basis with clients on the meetings held and the outcome of the interactions.
Remedial Management Reporting:
Prepare the required Monthly/Quarterly Reports of the Department.
Assist in preparing Remedial Management reports/proposals to be presented to Committees including Remedial Credit Committee (RCC), Compliance Provisioning Committee (CPC), and Executive Risk Committee (ERC).
Generic Accountabilities:
Policies & Procedures: Recommend improvements to departmental policy and direct the implementation of procedures.
Corporate Governance: Ensure compliance with all CBK, GB operational procedures, Risk and AML policies and procedures
Education, Knowledge, Experience and Skills:
Education / Qualifications: Bachelor’s Degree in finance, accounting or similar discipline with a Certificate in credit management
Knowledge: Corporate Banking, Remedial Credit
Experience: 5-7 years in corporate banking sector with at least 2-3 years in remedial credits especially dealing in difficult debts and settlements.
Investment Banking and Corporate Finance experience plus regional Debt Restructuring Workouts experience.
Generic & Specific Skills:
Excellent Communication Skills
Analytical Thinking
Excellent Negotiation Skills
Remedial Management Orientation
Bilingual in Arabic & English
Proficient in MS Office
Employer want to submit job applications through their website at: Apply Online
To manage assigned remedial accounts and to ensure maximum recoveries of Non-Performing Loans, Memorandum and other remedial accounts by implementing the Bank’s NPL reductions and recoveries strategies.
Accountabilities:
Debt Management:
Manage assigned remedial accounts effectively to ensure restructuring/ settlements will deliver maximum recoveries to reduce Non-Performing Loans ratio.
Perform comprehensive due diligence and obtain additional information needed for developing strategies to ensure the Recovery Bank Strategy of reducing NPL and maximizing recoveries is achieved.
Client Management:
Actively engage in meeting clients to identify and discuss potential opportunities for debt settlement by providing creative solutions, thus ensuring value maximization for the bank. Follow up on a regular basis with clients on the meetings held and the outcome of the interactions.
Remedial Management Reporting:
Prepare the required Monthly/Quarterly Reports of the Department.
Assist in preparing Remedial Management reports/proposals to be presented to Committees including Remedial Credit Committee (RCC), Compliance Provisioning Committee (CPC), and Executive Risk Committee (ERC).
Generic Accountabilities:
Policies & Procedures: Recommend improvements to departmental policy and direct the implementation of procedures.
Corporate Governance: Ensure compliance with all CBK, GB operational procedures, Risk and AML policies and procedures
Education, Knowledge, Experience and Skills:
Education / Qualifications: Bachelor’s Degree in finance, accounting or similar discipline with a Certificate in credit management
Knowledge: Corporate Banking, Remedial Credit
Experience: 5-7 years in corporate banking sector with at least 2-3 years in remedial credits especially dealing in difficult debts and settlements.
Investment Banking and Corporate Finance experience plus regional Debt Restructuring Workouts experience.
Generic & Specific Skills:
Excellent Communication Skills
Analytical Thinking
Excellent Negotiation Skills
Remedial Management Orientation
Bilingual in Arabic & English
Proficient in MS Office
Employer want to submit job applications through their website at: Apply Online
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