Unit Head - Overseas Recovery Unit

Qualifications, Work Experience & Skills

Candidate must:

- Possess a Graduation degree in Commerce/ Finance/ Banking/ Business Administration (Desirable: Post-Graduate in Business Administration)

- Possess minimum 5 years' post qualification work experience, preferably in Credit Relationship/ Credit Administration in a Bank.

- Have expertise in financial analysis, cash flow analysis and strong analytical skills

- Have ability to analyze situations, strategize and select best course of action.

- Have Excellent interpersonal written and oral communication skills in English

- Have Good working knowledge of MS Office, fair understanding of Core Banking System environment etc.

- Be a highly self-motivated individual, equally capable of performing individually and as a team member.

Principal Accountabilities

- To formulate and implement Strategies to effectively manage, control and reduce the Non-Performing Assets Portfolio of Overseas Branches (Saudi Arabia & Kuwait).

- To install an early detection mechanism for delinquent accounts & furnish timely information to all concerned departments and Management Team.

- To provide management on regular basis trend analysis of the portfolio and recommend credit measures to be applied.

- To recommend appropriate steps for recovery of delinquent accounts and ensure action / follow up including strengthening of security and legal action where necessary.

- Meet with clients and negotiate for recovery / settlement / rescheduling of classified delinquent accounts.

- Preparation of write-off / legal action / settlement proposals for approval of management / Board.

- Ascertain assets / income of recalcitrant borrowers.

- Liaise with Legal Department and Bank's Lawyers to discuss cases under litigation.

- To arrange sale of mortgaged / Acquired properties of delinquent borrowers by liaising with real estate agents or other means.

- Submit progress reports and periodic reviews and other MIS to the Management in respect of recoveries and status of the delinquent accounts including adequacy of loan loss provisions.

- Document policies and procedures to serve as a road-map for the day-to-day operations.