Head-Portfolio Recovery & Asset Restructuring

Overview

Main Responsibilities

• Lead the Corporate Recovery & Restructuring function and oversee the management of stressed and non-performing corporate credit exposures.
• Develop and implement recovery, restructuring, and turnaround strategies for complex corporate relationships.
• Negotiate restructuring arrangements, settlements, and recovery plans with borrowers and other stakeholders.
• Assess business viability, cash flows, collateral positions, and recovery prospects to formulate optimal resolution strategies.
• Work closely with Corporate Banking, Credit Risk, Legal, and external advisors to manage problem accounts effectively.
• Oversee legal recovery actions, enforcement proceedings, and collateral realization where required.
• Monitor portfolio performance and recommend proactive measures to mitigate potential losses.
• Ensure compliance with regulatory requirements, internal policies, and governance standards.
• Provide strategic insights and portfolio updates to Executive Management and relevant committees.
• Lead and develop a team of recovery and restructuring professionals, fostering a high-performance culture.

Qualifications & Experience

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, Law, or a related discipline. A postgraduate qualification is preferred.
• Minimum 15 years of banking experience, with significant exposure to Corporate Recovery, Restructuring, Special Assets, Credit Risk, or Workout functions.
• Proven track record in managing large and complex corporate restructuring and recovery cases.
• Strong understanding of corporate finance, credit analysis, restructuring frameworks, insolvency processes, and legal recovery mechanisms.
• Experience dealing with large corporate groups, family-owned businesses, and syndicated lending arrangements.
• Strong negotiation, stakeholder management, analytical, and leadership capabilities.

Key Competencies

• Strategic Thinking

• Credit Risk Management

• Stakeholder Negotiation
• Portfolio Management