Description:
Key Performance Areas
Innovative restructuring solutions to Banking accounts
- Assume a portfolio management responsibility for allocated Banking clients that have been transferred to Workout and Restructuring Unit.
- Engage internal stakeholders such as the Banking, Credit team, Legal and collections teams to obtain an understanding of the client and the clients business.
- Obtain all the necessary and required information to conduct a full diagnostic analysis and undertake a preliminary due diligence and recommend procuring an external due diligence where necessary and justifiable.
- Conduct research through engaging various stakeholders and sources to determine long term business and financial viability
- Engage client and conduct a high level review to establish if the client matter requires critical urgent attention by the Bank and report the position accordingly.
Manage the implementation of the approved restructure of customer accounts
- Engage clients, all relevant internal and external stakeholders on the outcome of the restructure proposal.
- Negotiate an equitable deal considering the Banks interest.
- Gather all the necessary documents required in drafting the new agreements.
- Provide input to the drafting of loan agreements, equity agreements and security documents in collaboration with the Legal Team and in line with the approved Terms and Conditions by the various Credit Committees.
- Issue the client with signed agreements.
Monitoring and Evaluation of restructured customer accounts
- Monitor all accounts within given portfolio to ensure that desired results are achieved pertaining to the approved turnaround and performance and ensure that all subsequent terms and conditions of approval are met.
- Obtain management information from client within prescribed timelines, analyse and engage clients regarding performance variances ensuring that action plans are in place to close the gaps of any negative variances.
- Provide regular (as prescribed) performance status update for each client and represent the account at the various governance structures (EXCO, Credit Committee or Board).
- Provide portfolio and client information to Finance Division for consideration in impairment calculation.
Provide advisory services to internal and external stakeholders where required
- Provide advice and guidance to the collections teams and the Banking team with respect to the identification of client accounts that should be flagged for a workout intervention based on lessons learnt in managing high risk clients.
- Participate in the reviewing of policies and procedures where workout and restructuring subject expertise may be required.
- Accompany Banking team members on req
08 Jul 2025;
from:
gumtree.co.za