- Management and workout of CG 12-14 accounts and any other accounts under GSAM management.  - Minimise losses/provisions and maximize recoveries / repayments from the accounts assigned in the GSAM portfolio  - Meeting the day to day servicing of the GSAM accounts and logically assessing the potential impairment  - Reducing and improving the bank's high risk exposures through exit of noncore accounts.  - Continually improving standards of risk management  - Coordinating, driving and directing effective compliance and operational risk management.  Key Roles & Responsibilities -   - Evaluate /analyse accounts to identify problems, formulate options available, make recommendations and implement a/c strategies. All plans should preserve the value of collateral and avert further downside risks.  - Review credit files, financials and security documentation to identify causes of problems and current status.  - Proactively monitor progress of strategies and plans, and ensure timely adjustment to changing circumstances.  - Restructure irregular lines into bankable structures within the scope of an overall exit plan to expedite recoveries, minimize losses and maximize interest and incidental revenues from work outs.  - Control operations across designated accounts to ensure compliance with agreements, regulations etc. Preparation (timelines and accuracy) of all internal and external reports. Liaise with operational departments - CRC/Operations/Trade Finance and other institutions, legal advisors, accountants, other banks in the pursuit or recoveries.  - Ensure high quality, updated and accurate database for all designated accounts in the portfolio.   - Seek market information to identify proactively industry problems, negative trends, potentially problem relationships including operational risk, reputational risk, event risk, etc. within Wholesale Bank/SME business in country and bring to the attention of AH, GSAM any risks that are not being properly managed/need attention.  - Active Participation and contribution at EAR, RCIF meetings and other similar forums  - Ensure full awareness of all the policies and procedures, internal/external including money laundering and prevention. Ensure compliance with these policies and procedures on an ongoing basis.  - Ensure effective compliance and operational risk management at the Business Unit Level.  Qualifications & Skills  - CA/MBA with at least 2-4 years banking experience, with a track record of demonstrating a high order of analytical and structuring ability and understanding/ hands on experience of banking workings and nuances.   - The ability to engage, maintain, build and command working relationships with peers and seniors that are based on professional and personal respect.  - The moral courage to take tough decisions and defend them, whether with business or within the risk chain.  - The ability to adapt quickly to a rapidly changing environment and to act with a high degree of autonomy.  - High energy levels.  - Sincerity and perseverance

Mumbai

Standard Chartered Bank - Assistant Account Manager - Group Stressed Asset Management 

Standard Chartered Bank - Assistant Account Manager - Group Stressed Asset Management  ,Job Description for Standard Chartered Bank - Assistant Account Manager - Group Stressed Asset Management  in SCB in  Mumbai for (6-10) years of experience. Apply Now!

Job Description for Standard Chartered Bank - Assistant Account Manager - Group Stressed Asset Management  in SCB in  Mumbai for (6-10) years of experience. Apply Now!