Relationship Manager; Corporate and SME Recoveries (1 Position )S
Job Purpose:
To coordinate and control relationship of Special assets that require a high degree of attention to minimize risks, prevent losses and restore profit through rehabilitation, restructuring, turnaround, workout and manage exit strategies
Main Responsibilities
Work procedures
- * Manage recovery process through repossession, valuation and realization of security through appropriate means in order to maximize profitability.
- * Monitor implementation of agreed repayment plan and its adherence.
- * Manage exit strategy for each account managed by the unit.
- * Oversee and recommend allotment of debt for collection either by an external collector or internal legal counsel.
- * Ensure NPL for SME/Corporate are adequate impaired/provisioned.
- * Support the department to coordinate and control implementation of the bank’s recovery strategy for the account managed by the unit.
- * Review cases to understand the issues surrounding the case, verify security held, and determine action plan.
- * Carry out checks for the team follow ups on the productivity, benchmark on number of accounts per staff, calls per day, contacts, promises taken, promises kept and amount collected.
- * To formulate rehabilitation action plans and strategies for all downgraded accounts so as to minimize bank’s risk
- * To maintain and preserve Bank income streams where a turnaround can be achieved on a special asset.
- * To establish partnerships with business unit and credit department leading to close collaboration and early identification of stressed assets.
- * To provide professional business support aimed at resolving challenges faced by stressed clients.
Attributes:
- * Good understanding of Banks loan products and its end to end credit process.
- * Good knowledge of bank credit policies, procedures and systems
- * Good Credit Appraisal, Restructuring Skills and Customer Relationship Skills.
- * High degree of communication, negotiation and inter-personal skills
- * Good skills on Performance Management and effective risk management and be able to promote strong risk management culture Coaching skills
- * Good communication skill
- * Standard computer skills
- * Make sure you must pay attention to the information available
Qualifications and Experience:
- * Holder of University Degree/ Advance Diploma in Banking/Commerce (Accounting)/Economics/finance or equivalent qualifications from recognized higher learning institution
- * Holder of CPA or ACCA will be an added advantage
- * Banking experience of more than 3 years preferably in Special Asset Management/Business Support or Workout Unit in a Commercial Bank
- * Good experience in asset management
- * Business Support and Practice Unit in Commercial Bank for managing specific commercial assets
- * Approximate: 3.0 years
The deadline for submitting the application is 2 January 2022
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