• You have already applied to this job.
This employer is no longer accepting CVs for this job, it has been deactivated by the company's administrator.
Unit Head Special Assets Management Group South
Job Detail
Banking/Financial Services
Functional Area
Special Assets Management
Total Position
Job Type
Full Time/Permanent ( First Shift (Day) )
Job Location
No Preference
Minimum Education
Degree Title
Bachelor or Master\'s degree preferably with Finance major
Career Level
Experienced Professional
Required Experience
5 Years - 8 Years
Apply By
Jan 31, 2022
Posted On
Jan 21, 2022

Job Description

Role Purpose

Job holder will manage Corporate Portfolio of Special Assets Management Group (SAMG) in Karachi. Incumbent will be required to develop, assist & implement settlements, restructuring and rehabilitation proposals related to delinquent and stressed corporate relationships.

  • Conduct regular reviews of assigned portfolio, initiate negotiations, and follow up with customers / lawyers / courts and other agencies whenever required
  • Develop, in consultation with senior management, recovery plans for assigned portfolio
  • Initiate and manage negotiations with clients
  • Mediate & monitor Settlements, Restructuring, Rescheduling, Write Offs, Waivers of default and overdue credit facilities
  • Liaise with internal and external legal counsels in dealing with court cases to ensure implementation of the best legal strategies
  • Responsible to assign responsibilities to Relationship Managers with allocation of accounts to them for necessary due diligence, negotiations, litigation, etc.
  • Collaborate with business units / relevant stakeholders to identify risk areas and minimize future losses in the assigned assets portfolio
  • Form and pro-actively participate in Steering Committees of Creditors
  • Supervise MISs that are submitted to the management at different levels

Eligibility Criteria

  • Bachelor / Master’s degree preferably with major in Finance
  • Five to eight years’ relevant experience in Corporate, Commercial, Risk Management or SAM Department of Banks / FIs
  • Well versed with SBP regulations & practices related to Non-Performing Loans
  • Financial and analytical skills
  • Proficient in MS Office, especially in Excel and Word.

Faysal Bank is an equal opportunity employer. Females and/or candidates who are differently-abled are encouraged to apply.

Required Skills

MS Office, Analytical Applications, Financial Skills,

Contents and Compilation ©2022 Rozee.pk
©2022 All other Rights Reserved to Faysal Bank.

Jobs in Pakistan