RISK MANAGER – Abu Dhabi Islamic Bank

Function: Restructuring Specialist

ROLE PURPOSE:

Take lead within directly managing sophisticated restructuring routines and major situations with minimum guidance  

Crucial Accountabilities of the function:

• Conduct, steer and monitor general restructuring process.
• Undertake restructuring plans with senior loan companies of the assigned portfolio.
• Coordinate any key issues with regards to any restructuring activities with direct supervision of Head of GSAM.
• Control all CPs, CSs, any financial conditions imposed by finance documents or key stakeholders, and coordinate the implementation of the on-going provision of financial information.
• Be Involved in cashflow monitoring, forecasting and reporting within GSAM and use other designated resources to supply quarterly cashflow forecasts which include overview of historical collections;
• Establish proper liaison and attend all meetings with external and internal stakeholders concerning the assigned portfolio.
• Subject to approval matrix, engage with respect to the lender in appointing External Restructuring Advisors, with responsibilities for specific operational and financial areas of the restructuring.
• Coach and groom the united team of restructuring officer reporting to the SRO.
• Prepare Budget, Credit Reviews, Show AC for necessary approval and keep maintaining proper records for several full cases assigned under his/her name.

Specialist Skills / Technical Knowledge, Technical Competencies Necessary for this role:

•  Genuine fascination with business and finance environment with a quantitative mindset, sensitivity to details, and accuracy in everyday work.
• Relevant Bachelor degree (Finance, Engineering, Law), Master, MBA, CFA, CMA or similar ate preference.
• Knowledge of exact definitions and information on all Banking products. Understanding of Islamic /Sharia compliant banking products/practices
• Ability to work in a multicultural environment with particular connection with working in GCC being truly a plus point.
• Ability to work under stiff target, work pressure, prioritizes rightly, and delivers results.
• Able to align Risk Business and Mitigants Objectives to to aid recovery objectives.
• Team player – able to work within a combined group and promote cross functional environment.
• Ability to multitask and willingness to “roll-up his sleeves and obtain involved into deep details”

Previous experience:     

• Experience of 15+ years of experience at financial advisory firms, funds or in commercial banking (experience in corporate finance, debt advisory, M&A advisory or project finance departments).
• Restructuring experience is necessary.
• Experience in developing markets.