Senior Recovery Manager, Corporate

To lead a team of corporate recovery managers to evaluate, develop and monitor recovery action plans on non- performing large Corporate accounts on a continuous basis, to achieve maximum and timely recoveries and/or turnaround of accounts at minimal costs.

Key Responsibilities:

• Lead detailed negotiations with customers, obtain commitment to implement appropriate strategies and actions to improve Business and Bank risk concerns. 
• Recommend new lending propositions, strategies and actions demonstrating well thought out decisions and judgement for deals within discretion, undertake analysis and recommendations for decision above discretion.
• Proactively develop and manage relationships with key stakeholders including regulators. Build and develop relationship across the bank to breakdown silos and maximize business growth. 
• Develop and maintain cooperative relationships between stakeholders on the client value chain and manage any direct reports.
• Develop and implement recovery strategies and action plans for each non- performing debt.
• Reduction of non- performing debts through aggressive recoveries and viable restructuring options.
• Full compliance with Credit policies and CBK prudential guidelines.
• Minimize recovery costs through vetting of invoices and upfront fees negotiations.
• Coach, guide and motivate staff to enhance efficiency and productivity.
• Recovery of debts written-off in line with the Prudential Guidelines

The Person

For the above position, the successful applicant should have the following:

• A bachelor’s degree.
• At least 8 years’ experience in Management of distressed corporate assets.
• At least 6 years’ experience in Stakeholder Management and Customer Relationship Management.
• At least 5 years' experience in Banking Operations, Regulatory and Compliance Reporting and Financial Analysis and Reporting.
• At least 4 years’ experience in Credit Quest Management (Credit Quest).
• At least 2 years’ experience in Corporate Banking Products Development.

The above position is a demanding role for which the Bank will provide a competitive remuneration package to the successful candidate. If you believe you can clearly demonstrate your abilities to meet the criteria given above, please log in to our Recruitment portal and submit your application with a detailed CV.

To be considered your application must be received by Friday 17^th November 2023.

Qualified candidates with disability are encouraged to apply.

Only short-listed candidates will be contacted.