Rbi Specialist - Johannesburg, South Africa - IDC

IDC

Verified Company

Johannesburg, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

To assess clients in distress, review restructuring/settlement proposals from clients and provide suitable restructuring and repayment profiles, review financial statements/management accounts and provide advice to the team regarding financial position of the clients and financial ability to commit to restructured repayment profiles, manage clients in distress for purposes of making recoveries.

Qualification and Experience Qualification**- The incumbent must have commercial qualifications e.g.

, BCom with post graduate degree:
MBA / MBL.

Knowledge & Experience

At least 810 years' experience in a Restructuring environment businesses experiencing distress.
Exposure to business rescue matters.
Exposure to legal agreements or litigation for purpose of recoveries.
Exposure to various collaterals.
Exposure to credit committees in financial institutions, Preferably DFI's.

Roles and Responsibilities

Review and consider settlement/restructuring proposals from clients and formulate the most efficient and suitable restructuring and repayment profiles for the client in distress.
Support the other team members in negotiating settlement/restructuring proposals with clients.
Prepare reports to relevant committees on the feasibility of settlements or restructuring of IDC client's facilities which are in arrears.
Carry out Business Reviews.
Ensure that IDC's collateral is maintained or improved for purposes of maximizing IDC's recovery,
Play a credit risk support role to other team members in providing financial advice or analysis of client's financial statement or management accounts in submission reports to committees.
Review legal agreements from a financial and credit risk perspective.
Manage and monitor clients in distress.

Job Reference:
IDC00089