Corporate Recovery Manager, Qatar recruitment
The ideal candidate will be responsible for the risk management of the Non-Performing corporate loan with the specific objective of minimizing expected losses on these accounts by maximizing the collection/recoveries.
Responsibilities:
- Confirm recoveries assigned are approved, registered and entered in the computer system.
- Engage in correspondence with the borrowers before and after finalization of settlement plan.
- Establish an Annual Recovery Review Plan describing the summary of expected recoveries for the year.
- Ensure that periodic checks on margin and collateral valuations in respect of customer risk exposures are carried out.
- Prepare periodic reports summarizing key findings and results of recoveries including recommendations of various legal actions against borrowers.
- Meet with customers to negotiate settlement plan, draft terms conditions and complete documentation prior to effecting rescheduling of liability in the system.
Requirements:
- University Degree in Business / Banking / Finance.
- Minimum 8 to 10 years of experience in Corporate and Commercial Credit in a similar role in a bank in the GCC.
- Fluency in oral and written English
- Familiar with all MS Office applications.
To apply for this role, kindly quote the Job Title in the subject of your email and send your CV as an attachment in MS Word Document format to mariam.r@gulfconnexions.com
Only short listed candidates will be contacted.
January 8, 2012
• Tags: Corporate Recovery Manager, Operations careers in the Qatar, Qatar recruitment • Posted in: Financial