Raiffeisen Bank
27.07.2016, 15:32
Early Work Out Officer ( SE ) – Work Out Department
Overall job definition :
The Early Workout unit is established within the Workout Department for the purpose of maximizing the recoveries of the SE & Corporate Portfolio, for both RBAL /RLAL. Early Workout unit should be expert in restructuring the deals or effectively move them to the Late Workout.
Main responsibilities :
Minimize exposure/risk on own portfolio and maximize recovery.
Perform mandatory actions on case with maximum speed.
Conduct client review
Develop strategy to support client through difficulties/reorganize business relationship (incl. calculation of business plan)
Evaluate credibility of client’s restructuring plan
Propose strategy (detailed into intervention plan) to decision body
Lead the relationship with clients on behalf of the bank
Execute approved strategy incl. decision on any operational activities within approved strategy, i.e. execute any steps/actions leading to bank's loss minimization
Call for consultation from internal resources; external by approval of Head of workout
Monitor/ report client situation
Report any corruption attempts
Administers the process of preparing the documentation for PLC / decision making authorities.
Maintain contact with related roles within the Bank and collaborate closely with them to optimize the process.
Participates at seminars, workshops, conferences and meetings related with his/her duties on request or suggested by HR.
Assists upon request all audit teams internal / external.
Fulfills the other duties assigned by superiors.
Competencies / Skills :
University degree in Economic field
Previous experience in SE Workout or relevant fields , preferably min 5 years
Detailed knowledge of options for restructuring solutions is a must, while knowledge on the execution procedures and /or bankruptcy would be an advantage.
Very good analytical and financial skills – ability to develop/ adjust simple models
Ability to participate in difficult negotiations
Strong time management skills for processing and managing multiple cases in parallel
Very strong negotiation & communication skills.
Knowledge of bank’s systems
High ethical standards
Very good knowledge of English language
Overall job definition :
The Early Workout unit is established within the Workout Department for the purpose of maximizing the recoveries of the SE & Corporate Portfolio, for both RBAL /RLAL. Early Workout unit should be expert in restructuring the deals or effectively move them to the Late Workout.
Main responsibilities :
Minimize exposure/risk on own portfolio and maximize recovery.
Perform mandatory actions on case with maximum speed.
Conduct client review
Develop strategy to support client through difficulties/reorganize business relationship (incl. calculation of business plan)
Evaluate credibility of client’s restructuring plan
Propose strategy (detailed into intervention plan) to decision body
Lead the relationship with clients on behalf of the bank
Execute approved strategy incl. decision on any operational activities within approved strategy, i.e. execute any steps/actions leading to bank's loss minimization
Call for consultation from internal resources; external by approval of Head of workout
Monitor/ report client situation
Report any corruption attempts
Administers the process of preparing the documentation for PLC / decision making authorities.
Maintain contact with related roles within the Bank and collaborate closely with them to optimize the process.
Participates at seminars, workshops, conferences and meetings related with his/her duties on request or suggested by HR.
Assists upon request all audit teams internal / external.
Fulfills the other duties assigned by superiors.
Competencies / Skills :
University degree in Economic field
Previous experience in SE Workout or relevant fields , preferably min 5 years
Detailed knowledge of options for restructuring solutions is a must, while knowledge on the execution procedures and /or bankruptcy would be an advantage.
Very good analytical and financial skills – ability to develop/ adjust simple models
Ability to participate in difficult negotiations
Strong time management skills for processing and managing multiple cases in parallel
Very strong negotiation & communication skills.
Knowledge of bank’s systems
High ethical standards
Very good knowledge of English language