Senior Manager - Financial Restructuring and Recovery

McGregor Boyall

Saudi Arabia

Ref: NP388-486

Job description / Role

Employment: Full Time

Our client is one of KSA's largest and oldest banks with products such as Corporate and Institutional banking, SME banking, retail banking, investment banking, brokerage, asset management and insurance service

Job summary:

* Manage the Special Assets (SA) assigned portfolio to deliver the Bank's objectives of minimizing adverse publicity, avoidable losses and the creation of NPLs.

Key responsibilities:

* Takes over time-intensive problem relationships
* Focus on asset protection and doing everything commercially possible to avoid the Bank incurring losses.
* Injects a new urgency into the relationship management approach to focus customers on solving their problems.
* Tests all previous assumptions, ascertains the facts and considers all problem situations from a new perspective.
* Devise solutions to fix problems and return relationships back to RM control or pass them to Recoveries for legal action.
* Supports in customer interactions to achieve better outcomes for the Bank where a lighter touch is appropriate.
* Supplies comprehensive monthly reports to the Board as required on the status of all relationships under assigned portfolio.
* Gives 'lessons learned' feedback, training and experience to help improve business knowledge and performance.

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Requirements

Requirements:

* Candidates with Corporate Finance/Corporate Risk experience with minimum 5-7 years of experience within the region will be considered.
* Candidates with Bachelors/Masters in Finance/Accountancy from a well-recognized university are preferred.
* Good communication and negotiation skills are highly preferred.

About the Company

Established in 1987, McGregor Boyall is a global recruitment consultancy providing permanent and contract / interim professionals across a wide variety of disciplines including Technology, Risk, Finance, Compliance, Legal, Marketing and HR & Talent Management. Since our inception, we have built an unrivalled reputation for helping organisations recruit the very best talent to ensure that they realise their business and operational objectives.

Headquartered in the city of London, and with further offices throughout the UK (Manchester, Birmingham, Edinburgh and Glasgow) as well as globally in Dubai and Singapore, we are able to offer recruitment solutions throughout the UK & Europe, Middle East and Asia Pacific regions.

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Senior Manager salaries in Saudi Arabia

Average monthly compensation
SAR 28,500

Breakdown available for industries, cities and years of experience