We are working with an international banking organisation who are looking for an experienced Remedial Specialist capable of working within a small team focused on managing credit exposure of potential problem customers.
Brief Overview of Duties and ResponsibilitiesManaging the local portfolio of delinquent Corporate Banking and SME customers, aiming to reduce overall overdue credit exposure of the bank through implementation of loan re-
structuring, collection and collateral asset sale strategiesIdentifying, locating and contacting of errant customers, and the containing, minimizing and or reducing the bank’s exposure and risks and business units.
Identifying potential problem accounts so that necessary action can be immediately taken to recover / decrease bank’s non-
performing loans and or to minimize the bank’s losses.Ensure immediate assessment of the NPL position, identify and contain risks, evaluate and secure bank’s collateral interests, and formulate remedial strategy through negotiation, preparation and finalization of re-
structuring Agreement, and or taking of necessary legal action and enforcement of security if requiredLeading a small team of officersQualifications and ExperienceUniversity graduate with a degree preferably in finance, economics or related majors.
Extensive relevant experience at a reputed bank or other comparable financial services or consultancy company , ideally within a similar corporate banking roleA specialism in remedial / bad debts / collection functionExcellent oral and written communication skills in English and ArabicIn depth knowledge of corporate banking operationsGood knowledge of financial markets and industry best practices.
Flexible team player and able to work and deliver under pressure.Ability to inspire and lead others