Debt Restructuring Manager (Hybrid)

Ensure understanding of the strategic objective for the Bank and support in achieving the department's strategy and related strategic plans.

Key Responsibilities:

• Achieve effective implementation of debt restructuring strategies for distressed portfolios.
• Appraise restructuring proposals and ensure alignment with the Bank’s credit policies and risk appetite.
• Assure compliance with internal policies, regulatory requirements, and SAMA guidelines.
• Conduct financial analysis of distressed clients to identify viable restructuring solutions.
• Identify restructuring opportunities and negotiate repayment terms with customers.
• Liaise with Corporate Credit, Risk, Legal, and Recovery teams to ensure effective case resolution.
• Ensure timely execution of restructuring plans and monitor performance against agreed terms.
• Provide periodic reports on restructuring portfolio performance, risks, and recovery outcomes.
• Communicate key risks, issues, and recommendations to senior management.
• Contribute to enhancement of restructuring frameworks, processes, and policies.

Qualifications & Experience:

• Bachelor’s degree in Finance, Accountant, Business Administration or a relevant major is preferred.
• CFE, CAMS, ICA, or equivalent professional certificate is preferred.
• Around +5 years of experience with a preference 3 years of experience in a relevant role.
• Prior experience in Debt Restructuring, Credit Risk Management, or a relevant field is preferred.

Key Skills:

• Debt Restructuring
• Financial Analysis and Modeling
• Negotiation and Settlement Skills
• Debt Recovery and Collections
• Risk Assessment and Portfolio Management
• Mitigation Strategies