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:
Manage recovery process through repossession, valuation and realization of security through appropriate means in order to maximize profitability.
Monitor the Receiver/Receiver Manager’s performance and control of receivership expenses.
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.
Management of impairment/provisions for non-performing loans.
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
Time management and organization skills
Must have attention to details 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
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
Experience :3.0 Year(s)
The deadline for submitting the application is 2 January 2022.
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