To find innovative commercial restructuring solutions for Corporate Banking clients identified as in need of a proactive intervention to mitigate risk and prevent or minimize potential losses. Seek opportunities for new investors with the main objective being resuscitation, ultimately protecting the interests of the stakeholders. Provide technical expertise using turnaround methodologies to develop, implement, and monitor business rescue plans. Manage the end-to-end process of identified distressed Corporate Banking clients.Key Performance AreasInnovative restructuring solutions to Corporate accounts. Assume a portfolio management responsibility for allocated Corporate Banking clients that have been transferred to Workout and Restructuring.Engage with internal stakeholders such as the Corporate Banking, Credit team, Legal, and Portfolio Performance Management teams to obtain an understanding of the client and the client's needs.Gather all necessary information to conduct a full diagnostic analysis and undertake preliminary due diligence, recommending external due diligence where necessary.Conduct research through engaging various stakeholders and sources to determine long-term business and financial viability.Manage the implementation of the approved restructuring of customer accounts. Engage clients and all relevant internal and external stakeholders on the outcome of the restructure, ensuring an equitable deal considering the Bank's interests.Draft the necessary documents required in collaboration with the Legal Team, in line with the approved Terms and Conditions by the various Credit Committees.Monitor and evaluate restructured customer accounts to ensure desired results are achieved pertaining to the approved turnaround and performance.Ensure that all subsequent terms and conditions of approval are met, analyze management information from clients, and engage them regarding performance variances.Provide regular performance status updates for each client and represent the account at various governance structures (EXCO, Credit Committee, or Board).Provide portfolio and client information to the Finance Division for consideration in impairment calculation.Provide advisory services to internal and external stakeholders where required. Offer advice and guidance to the Portfolio Performance Management teams and the Corporate Banking team with respect to the identification of client accounts that should be flagged for a workout intervention.Assist in reviewing policies and procedures where workout and restructuring subject expertise may be required.Support Corporate Banking team members in client meetings to provide expert opinion on possible workout and restructuring related issues.Ensure that client information is managed in terms of the Bank's record management policies and provide reports as required for different governance structures.Update client information on relevant systems in collaboration with the Specialist: Compliance.Generate various trend reports on matters that will potentially be worked out and those that are currently being worked out.People Management and Performance Management. Analyze the business plan to determine applicable deliverables and targets. Compile the Performance Management documentation in collaboration with the staff member in terms of: Job Profile requirements, Key Performance Areas, and Personal Development Plan.The Position is Based in CAPE TOWN.Desired SkillsDeal StructuringDesired Work Experience5 to 10 yearsDesired Qualification LevelDegree
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