Special Assets/ Distressed Loans Manager

 

International bank - work on problem loans

CBD based role

Take your Credit role to the next level

Exciting opportunity to work for an Exceptionally Reputed Bank in their Special Assets Team. In this role you will manage a portfolio of Problem Accounts across Australia and New Zealand.

You will have responsibility for:
Identifying substandard accounts and formulate a strategy for dealing with the issues,
Instigate recovery strategies or more intensive management of non performing loans as required by the Credit Committee.
Manage exposure to companies that have entered formal administration.
Implement exit strategies as required by the Credit Committee.
Review Residential Origination portfolio arrears (90+days).
Work in co-operation with the Bank's Public Relations department and Legal Division when undertaking formal recovery action.
Provide support to the management of delinquent Equipment Finance accounts (arrears, expired contracts, overdue reviews and principal reductions).
Prepare and present Loan Strategy Reports
Prepare management reports, APRA and Head office reports
Co-ordinate the reporting requirements concerning non performing loans for internal and external auditors

You must have:
Extensive knowledge in Banking and Finance particularly within the Credit Arena
Understanding of insolvency procedures and strategies to manage form administrations and exits
Strong analytical and problem solving skills
Knowledge of the processes involving litigation, mediation, bankrupcy liquidation
Knowledge of commercial and equipment leasing
Farm Debt mediation knowledge ( also knowledge of Food and Agribusiness would be desirable)
Extensive experience in Lending and customer account management
Sound Credit Appraisal skills
Experience in problem loan management
Tertiary qualifications in Commerce/Ecconomics/Finance

If you have the above qualifications and are intersted in this role - please call ????? ????? a confidential chat to Jacque Hemmings-Jones on (??) ???? ????