Responsibilities:
• Is primarily responsible for maintaining business relationships with defaulted corporate customers from entry to exit, bearing in mind protecting the bank assets.
• Achieving the Departments objectives of recoveries of classified portfolio and Maximize working funds & profitability.
• Improving asset quality by restructuring/rescheduling facilities including and not limited to obtaining additional securities, and recommending change in risk rating.
• Analyze financial statements, review cash flows & all other financial data provided by delinquent customers; prepare proposals for the corporate remedial committee in accordance with standards.
• Continuous follow up and monitoring all customer aspects including payments schedule, valuation, documents validation, guarantees and update customers file.
• Co-ordinate with Real Estate concerned parties for expeditious foreclosure of mortgaged property
• Liaise with legal department and follow on a pro-active basis to ensure expeditious resolution of legal cases and quick filing of legal action.
• Furnish periodic & timely information related to assigned portfolio.
Job Details
| Date Posted: | 2013-01-20 |
| Job Location: | Riyadh, Saudi Arabia |
| Job Role: | Accounting/Banking/Finance |
| Company Industry: | Banking; Financial Services; Finance/Economics |
Preferred Candidate
| Career Level: | Mid Career |
| Gender: | Male |
| Nationality: | Saudi Arabia |
| Degree: | Bachelor's degree / higher diploma |
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