Manager Financial Restructuring & Recovery
At the Financial Restructuring & Recovery Department, we are looking for a passionate Manager Financial Restructuring & Recovery.
The Financial Restructuring & Recovery Manager reports to the Chief Commercial Officer. The Financial Restructuring & Recovery Manager is responsible for the strategic process of restructuring or settlement of non-performing loans, the primary goal of which is to generate returns for the institution, converting potential losses into revenue.
What will you be doing?
Management and Policy
- You develop the financing recovery policy as part of the strategic financial policy in accordance with the Hakrinbank strategy, planning, and control cycle.
- You determine the financing recovery framework and develop quality standards for the service and the credit review processes, and you ensure their realization.
- You identify and assess the risks involved on the basis of collected data, and formulate adeqwwwe control measures for their mitigation or prevention.
- You ensure implementation and compliance with local and international compliance and lending standards, laws and regulations.
- You establish a communication protocol within the recovery policy for standards and guidelines, cultivating good practices and a payment culture among clients, in order to retain clients and grant re-lend potential.
- You help establish KPIs for loan, credit review, and credit quality processes.
Operations
- You monitor the non-performing loan portfolio and ensure tight control of the case portfolio/finances to maximize the contribution to the goals for the collection of funds, recovery rates, and restructuring proposals, and depreciation times.
- You establish new policies as needed to ensure efficient case management and to ensure that all compliance issues are implemented and handled efficiently.
- You provide training and sessions for all stakeholders to improve the quality of service related to the handling of problem loans, restructuring or recovery, and foreclosure management.
- You closely monitor the developments of legal cases (in collaboration with the Legal Department) and ensure that the cases are properly closed.
Reporting
- You set up a management dashboard, and report the progress of the non-performing loan portfolio.
Giving guidance
- You conduct planning, and performance appraisal interviews in accordance with the HR planning, and appraisal cycle.
- You coach, facilitate, and support employees in order to increase job satisfaction and professional competence.
- You ensure correct staff deployment (allocation and motivation) of employees of the department, and you ensure good qualitative and quantitative staffing.
- You are responsible for (arranging) training in order to increase the professional competence of employees and stakeholders.
Projects
- You participate in (organization-wide) unit projects and achieve them efficiently and effectively within time and budget.
What do we ask for?
- Academic training – Business economics or equivalent degree.
- Five years in a leadership position in lending or Business Banking.
- Excellent oral and written skills in the Dutch language.
- Knowledge of and proficiency in MS Office.
- Demonstrated good technical, interpersonal, and decision-making skills.
- Good communication and reporting skills.
- Demonstrated interpersonal skills.
- Analytical, planned, and problem-solving mentality.
- Being discreet, empathetic, and diplomatic.
- Strategic insight into business processes as a basis for the identification of improvement processes.
- Excellent PC knowledge of MS Office (Word, Excel, PowerPoint).
Are you convinced that you can meet this challenge?
Please email your motivation letter and complete resume to solliciteren@hakrinbank.com by May 27, 2022, at the latest, attn. Human Resource Manager, specifying Manager Financial Restructuring & Recovery as the subject, or apply immediately using the form below:
