Remedial Executive

Remedial will undertake the Bank’s efforts in managing and recovering non-performing loans, thereby minimizing losses and improving the quality of our loan portfolio. This role requires a strong background in credit risk management, loan recovery, and debt restructuring. The successful candidate will demonstrate expertise in negotiating and implementing resolution solutions for complex non‑performing loan situations, as well as in leading teams in a high‑risk environment.

• Develop and implement a comprehensive strategy for the management of non‑performing loan (NPL) and non‑performing asset recovery.
• Negotiate, structure, and implement resolution arrangements with borrowers experiencing financial distress.
• Coordinate with legal counsel and other advisors to manage the recovery process for secured and unsecured loans.
• Develop policies and procedures for the identification, management, and resolution of non‑performing assets.
• Manage relationships with external parties, including legal counsel, auction houses, and asset management companies.
• Enforce billing and collection deadlines.
• Prepare weekly and monthly reports.
• Attend training on legislative procedures related to debt collection management.

• Bachelor's degree in Finance, Business Administration, or related field.
• Minimum 2 years of experience in loan recovery, or distressed asset management.
• Proven track record in negotiating and implementing successful resolution solutions for distressed loans.
• Strong analytical and problem‑solving skills, with a detailed understanding of financial statements and credit analysis.
• Effective communication and negotiation skills, able to work with borrowers and stakeholders at all levels.
• Knowledge of the legal processes associated with loan recovery, including bankruptcy and foreclosure.
• Understanding of regulatory requirements and industry best practices in loan recovery and recovery management.