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