Overview
Assistant Manager Financial Restructuring Jobs in Riyadh, Saudi Arabia at The Saudi Investment Bank
Title: Assistant Manager Financial Restructuring
Company: The Saudi Investment Bank
Location: Riyadh, Saudi Arabia
Responsibilities:
- Support defined financial restructuring solutions to assist distressed clients and companies.
- Follow the structure, systems, protocols and methodologies defined for stressed and distressed loan management.
- Document troubled loan relationships and other assigned cases to identify complex cases that need to be escalated for effective management in line with credit risk management objectives.
- Execute the actions required for the recovery and ultimate sale of assets held as collateral for loans in default or foreclosure.
- Stay updated on industry best practice related to asset management and financial restructuring, and comply with applicable regulatory requirements, internal policies and procedures, and industry standards.
- Support the preparation of accurate and timely periodic management and progress reports to inform the leadership and Credit committee and facilitate decision-making.
- Understand and follow clearly articulated guidance on how to complete assigned tasks, ensuring alignment with sub-functional goals.
- Utilize allocated resources efficiently to complete tasks as per defined standards and within process boundaries.
- Comply with established policies, processes, and procedures to ensure work accuracy and consistency.
- Address simple, recurring issues independently while escalating complex challenges to the appropriate stakeholders.
- Contribute to continuous improvement efforts by identifying inefficiencies in routine activities.
- Actively participate in pre-defined development initiatives, leveraging organizational resources to enhance skills and knowledge.
Required Qualifications:
- Minimum Qualifications: Bachelor’s Degree in Finance or a related major
- Preferred Experience: 3-5 years of relevant experience
- Language: English
