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Head of financial restructuring and recovery – south east

Stamford
Business Money Promotions Ltd
Posted: 19 September
Offer description

Head of financial restructuring and recovery – South East

Overview

An exciting opportunity has arisen to join a leading global banking group in a senior financial restructuring and recovery role within their UK based asset based lending and leasing divisions.


Responsibilities

* Coach and develop the team ensuring full talent potential is utilised.
* Identify and visit customers with an increased risk profile.
* Assess the collateral, legal and financial structure of relationships with an increased risk profile.
* Develop restructuring proposals for customers where appropriate.
* Drawing up treatment plans in compliance with legal provisions and relevant directives.
* Present analysis to the financial restructuring and recovery committee and provide explanations or answers to questions from committee members.
* Conduct negotiations with stakeholders about the measures to be taken.
* Develop and maintain a process to identify underperforming and increased risk customers in the portfolio.
* Prepare analysis and reports supporting the restructuring assignment as required to be delivered to customers and other parties.
* Develop and maintain productive working relationships with management and the workforce of the target business as well as its stakeholders.


Qualifications

* Strong understanding of UK insolvency laws, customs and practices.
* A background in ABL / Leasing or insolvency and restructuring is essential.
* Able to identify key issues on assignments and suggest workable solutions.
* Experienced in presenting findings clearly in reports and other deliverables to clients.
* Appreciation of the risks inherent in advising distressed businesses and their stakeholders.
* Previous experience managing a team.


Benefits

In return you can expect a market leading basic salary, car allowance, bonus and a wide range of additional benefits.


How to apply

For more information about this role or any of our vacancies call 01625 522 774 or email jobs@m2recruit.co.uk.

Contact: M2 Professional Recruitment Services – Tel: 01625 522 774 – Fax: 01625 523 377 – Email: jobs@m2recruit.co.uk – Website: www.m2recruit.co.uk

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