Special Assets Wholesale Sr. Specialist

Job Purpose / Role:

To manage relationships with clients of the assigned remedial portfolio (non-performing loans at rates (RB21 , RB22 and RB23) And W/O clients in terms of their financial status and in order to prepare high quality/comprehensive credit proposals that propose maintenance, restructuring or transfer to and from remedial.

Areas Of Responsibility:

• Policies, Processes & Procedures

Follows all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.

• Day-to-day operations

Follows the day-to-day operations related to own job to ensure continuity of work.

• Assessment of Client Portfolio Status

Develops projections of remedial portfolio, so as to support the accurate evaluation of portfolio's status and health and the loans that might be under remedial.

• Development of Provisions

Analysis of the assigned portfolio, to identify the nature and characteristics of their financial problems and project the provisions required.

• Credit Approval

Prepare and ensure quality of all CAs before sending it to Credit for CA Review.

Collaborates with the Credit Analytics Unit and Risk Management on an ongoing basis in order to constantly secure and enhance the quality of the credit portfolio.

• Management of Non-Performing Loans

Manage relationships with assigned remedial clients and analyses all relevant data.

Suggestions that help the customer to overcome his financial problems and meet the demands and requests of the bank.

Carrying out feasibility studies for assigned clients to assess their current situation and to suggest implementation of initiatives and payment settlements that will help clients to overcome their financial difficulties.

Cooperates with all relevant parties, using all legal procedures.

Follow up on the careful implementation of proposed payment settlements and corrective initiatives to assess their efficiency.

• Credit Risk Policy Support

Analyses the remedial portfolio characteristics, identifies the reasons for loans bad performance and provides recommendations for the improvement of risk policy.

• Continuous Improvement

Contributes to the identification of opportunities for continuous improvement of processes and practices taking into account international best practice.

• Reporting

Assists in the preparation of timely and accurate reports of Riyad Bank to meet company and department requirements, policies and standards.

• Safety, Quality & Environment

Complies with all relevant safety, quality and environmental management policies, procedures and controls to ensure a healthy and safe work environment

• Related Assignments

Undertake any other related duties or tasks as directed and required by the Bank.

Qualifications & Experience:

Minimum Qualifications:

• Bachelor's degree in Business with preferably a specialization in Finance or Accounting

Minimum Experience:

• 4-6 years relevant experience in the banking sector

Language:

English: Advanced