AVP – Credit Restructuring recruitment
In this role you will manage exposure to counterparties where deterioration in credit risk is clearly evidenced to the extent that timely or full recovery is considered to be at risk. The restructuring team will take over full relationship management, as well as the credit role for counterparties managed by the Bank. You will work with the counterparty, other creditors, financial and legal advisors to maximize recovery for the firm.
You will be responsible (with a Director) for a caseload of counterparties. This will include negotiating with all related parties, taking roles on steering/coordinating committees, reviewing appropriate strategy, obtaining internal approvals and communicating as appropriate with senior management. The role requires someone who is able to work with external and internal (eg legal, portfolio, counterparty risk, finance) stakeholders.
In terms of background, you must have relevant experience in a credit risk and restructuring role in either a bank or consulting practice. The client would be particularly interested in ACA qualified accountants from a leading practice in a restructuring role / writing IBRs etc.