Bahrain Job Openings
Madison Pearl
Head of Remedial Management
Manama
FULL TIME
September 12, 2024
C
Posted by
Cheska Pagsanjan
Recruiter
A leading bank in Bahrain is seeking an experienced and strategic Head of Remedial Management to join their expanding team. The successful candidate will be a key member of the leadership team and the role demands a blend of strategic insight, risk management, and leadership skills to enhance recoverable values and ensure compliance with the bank's policies.
Key Responsibilities:
- Provide strategic and risk-based decision to support senior management and define the operating framework
- Oversee the restructuring to ensure the recoverable value is maximized.
- Lead initiation of legal action against customers where appropriate in parallel with developing restructuring while ensuring compliance with the Bank’s policies and procedures.
- Define escalation and monitoring activities to ensure proper control over troubled accounts
- Manage the development of exit strategies for impaired loans
- Minimum 10 years of experience in similar financial restructuring role.
- Bachelor’s degree in business administration, finance, commerce, banking or equivalent required.
- Professional certificates such as CFS/ CIMA/ ACCA/ PRM/ FRM is preferred.
Interested candidates, please apply to this advertisement directly or send it to rubina.kausar@madisonpearl.com
*ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED*
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