Portfolio Manager- BBU recruitment
Success of BB business is exclusively based on effective and efficient monitoring. The relevant system based reports on business should be quick, forthright and accessible to all in the BBU team. Some of the reports should be pre-emptive, giving the due dates of LTRs, information on past dues, the income from each account to name a few should be readily available and the BBU team should constantly monitor the performance of each of the customer account, coupled with repeated visits to the customer to ensure, that the banks funds are used for the purposes on which they are taken etc
A robust portfolio management account monitoring process would be set-up within BBU to look into the following areas on an pro-active basis:
TOD/EOL management
Deferrals overdue
Overdue Covenants
Overdue reviews
Insurance deferral over dues
Insurance expired
Monthly / quarterly check on credit / debit turnover in the account as compared previous trend
Utilization patterns
Cheque returns
Frequency of excesses
High value debits or credits in the account
Group company transactions
Compliance with covenants
Adverse mark to market movements on FX transactions/Failed FX settlement trades
Any significantly adverse press reports that might require senior management
Adverse trends, if any, noted in the stock and debtor listing and stock inspection ETC.
Other portfolio monitoring activities trends