Senior Relationship Manager Restructuring at NMB Bank December 2024
Job Overview
NMB Bank is a trusted financial partner, offering innovative banking solutions to empower individuals and businesses.
Position: Senior Relationship Manager Restructuring
Job Location : Head Office
Job Purpose: To coordinate and control relationship of Special assets that require a high degree of attention to minimize risks, prevent losses and restore profit through rehabilitation, restructuring, turnaround and workout strategies.
Main Responsibilities:
- Manage relationship of stressed assets to ensure credit and other risks are properly identified, assessed and addressed.
- Formulate rehabilitation action plans and strategies for all downgraded accounts so as to minimize bank’s risk.
- Maintain and preserve bank’s income streams where turnaround can be achieved on a special asset.
- Establish partnerships with business units and the credit department leading to close collaboration and early identification of stressed assets.
- Provide professional business support aimed at resolving challenges faced by stressed clients.
- Management of impairment/provisions for non-performing loans.
- Manage all transactions associated with the normal operations of the accounts managed by the unit.
- Management of suspended interest and provisions.
- Lead, arrange and/or agree to participate in the formation of any creditors group for accounts managed by the unit.
- Support the department to coordinate and control implementation of the bank’s recovery strategy for the account managed by the unit.
- On a case by case basis, manage the recovery process through realization of collaterals using appropriate legal means in order to maximize profitability.
Knowledge and Skills:
- Good understanding of the bank’s loan products and its end-to-end credit process.
- Good knowledge of bank credit policies, procedures, and systems
- Good Credit Appraisal, Restructuring Skills and Customer Relationship Skills.
- High degree of communication, negotiation and inter-personal skills
- Time management and organization skills
- Attention to details.
- Strong skills in Performance Management and effective risk management and ability to promote strong risk management culture
- Coaching skills
- Good communication skills
- Standard computer skills
Qualifications and Experience:
- Bachelor’s degree in Banking/Commerce (Accounting)/Economics/Finance or related fields of study from a recognized higher learning institution.
- CPA or ACCA certification is an added advantage.
- Banking experience of more than 5 years preferably in Special Asset Management/Business Support or Workout Unit in a Commercial Bank
- Experience in stressed asset management.
NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position.
NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.
Only shortlisted candidates will be contacted.
Job opening date : 03-Dec-2024
Job closing date : 17-Dec-2024