Restructuring Specialist

Overview

Description

Role : Restructuring Specialist

Location : ADIB - HQ Abu Dhabi

Role Purpose: Manage identified classified assets to minimize loss and maximize recoveries by adapting appropriate workout solution.

Responsibilities

• Conduct monitor and steer overall restructuring and/or remedial and/or settlement activities (workout) until completion for relationships under management.
• Develop/review strategy for each relationship under management and confers the same with line manager and/or Head of GSAM to ensure effective adherence to approved workout strategy.
• Produce credit proposals analysis and recommendations on the best way to manage distressed accounts through workout in order to maximize recovery.
• Attend all internal and external audit issues promptly to comply with Banks policies and Central Bank regulations.
• Maintain updated data/statisti...