Tuesday, February 16, 2016

Early Work Out Senior Officer (SE & Corporate) - Work Out Department


Main responsibilities :

• Minimize exposure/risk on own portfolio and maximize recovery.
• Perform mandatory actions on case with maximum speed.
• Conduct client review
• Develop strategy to support client through difficulties/reorganize business relationship (incl. calculation of business plan)
• Evaluate credibility of client’s restructuring plan
• Propose strategy (detailed into intervention plan) to decision body
• Lead the relationship with clients on behalf of the bank
• Execute approved strategy incl. decision on any operational activities within approved strategy, i.e. execute any steps/actions leading to bank’s loss minimization
• Call for consultation from internal resources; external by approval of Head of workout
• Monitor/ report client situation
• Report any corruption attempts
• Administers the process of preparing the documentation for PLC / decision making authorities.
• Maintain contact with related roles within the Bank and collaborate closely with them to optimize the process.
• Participates at seminars, workshops, conferences and meetings related with his/her duties on request or suggested by HR.
• Assists upon request all audit teams internal / external.
• Fulfills the other duties assigned by superiors.



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