Financial Restructuring & Recovery Officer

ABN AMRO

Vacature informatie

Organisatie: ABN AMRO

Locatie: Amsterdam

Opleidingsniveau: HBO/WO

Arbeidsvoorwaarden: Marktconform

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At a glance

As part of the wider Risk Management division, the FR&R Department manages customers with increased risk profiles and customers who cannot meet their payment obligations and manages a watch and oversight process to identify those customers in the portfolio who are likely to be unable to meet their payment obligations in the next 12 months. FR&R’s primary objective is to provide the best possible results for both the customer and ABF. FR&R work to ensure that customers remain financially healthy and that any (potential) losses for ABF are limited. They also work to prevent any (possible) reputational damage.To achieve this, cooperation with various parties is necessary, internally these include Sales, Legal, Asset Management, Credit and externally, Administrators, Lawyers Insolvency Practitioners and collection agencies.

Your job

As a FR&R Officer you will maintain close contact with all UK FR&R customers and coordinate all UK FR&R activity. You will analyse and interpret the (non-) financial information from customers with an increased risk profile.You will look to negotiate and use creativity to limit potential losses for ABF and to improve our security position.In this role you will have frequent contact with and be part of the wider FR&R department in the UK and the Netherlands.Management of all UK FR&R files

Management of all UK FR&R files
  • Visit UK customers with an increased risk profile.
  • Guiding and, if necessary, restructuring/unwinding exposures with an increased risk profile.
  • Assessing the collateral, legal and financial structure of relationships with an increased risk profile.
  • Develop restructuring proposals for customers that you accompany.
  • Drawing up treatment plans in compliance with legal provisions and relevant directives.
  • Present analysis to the FR&R Committee(s) and gives additional explanations or answers to the questions of the Committee members
  • Conducting negotiations with stakeholders about the measures to be taken.
  • Ensure the approval of treatment plans and/or restructuring proposals.
  • Ensure the implementation and monitoring of treatment plans/agreements.
  • Continuous responsibility for the management of all assigned customers.
  • Managing/coordinating internal and external advisors.
  • Visit UK customers with an increased risk profile.
  • Guiding and, if necessary, restructuring/unwinding exposures with an increased risk profile.
  • Assessing the collateral, legal and financial structure of relationships with an increased risk profile.
  • Develop restructuring proposals for customers that you accompany.
  • Drawing up treatment plans in compliance with legal provisions and relevant directives.
  • Present analysis to the FR&R Committee(s) and gives additional explanations or answers to the questions of the Committee members
  • Conducting negotiations with stakeholders about the measures to be taken.
  • Ensure the approval of treatment plans and/or restructuring proposals.
  • Ensure the implementation and monitoring of treatment plans/agreements.
  • Continuous responsibility for the management of all assigned customers.
  • Managing/coordinating internal and external advisors.
  • Watch & Oversight

    Watch & Oversight
    • Implement and maintain a process to identify underperforming and increased risk customers in the portfolio to ensure that the appropriate customer classification between FR&R / Watch / Regular business can be maintained accurately.
  • Implement and maintain a process to identify underperforming and increased risk customers in the portfolio to ensure that the appropriate customer classification between FR&R / Watch / Regular business can be maintained accurately.
  • Client responsibilities

    Client responsibilities
    • Prepares analysis and reports supporting the restructuring assignment as required to be delivered to clients and other parties
    • Develops and maintain productive working relationships with management and workforce of the target business as well as its stakeholders
  • Prepares analysis and reports supporting the restructuring assignment as required to be delivered to clients and other parties
  • Develops and maintain productive working relationships with management and workforce of the target business as well as its stakeholders
  • Knowledge and recommendations

    Knowledge and recommendations
    • Is responsible for building up knowledge of sectors, local markets and country risks.
    • Puts forward proposals to update and revise the FR&R & Credit policy.
    • Whilst predominantly working on the Lease side, assists where appropriate with the FR&R activity of the Asset Based Lending side of ABF UK.
  • Is responsible for building up knowledge of sectors, local markets and country risks.
  • Puts forward proposals to update and revise the FR&R & Credit policy.
  • Whilst predominantly working on the Lease side, assists where appropriate with the FR&R activity of the Asset Based Lending side of ABF UK.
  • Your working environment

    ABN AMRO is a Dutch Bank offering a full range of services to retail, private, commercial and merchant banking clients. We are also active internationally in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing.The culture we aim for within the Bank is one in which we strive to strengthen our clients’ position. Our success is based on our client’s success. We want clients to perceive us as a trusted partner, professional and ambitious - our core values.At ABN AMRO UK we follow the Banks global strategy. We always aim to put our customers first and to create sustainable, long-term value for all our stakeholders – customers, shareholders, employees and society at large; it is our people that we rely on to help us achieve this ambition.We concentrate on our strategic priorities:

    ABN AMRO is a Dutch Bank offering a full range of services to retail, private, commercial and merchant banking clients. We are also active internationally in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing.We concentrate on our strategic priorities:
    • Client focus
    • Invest in our future
    • Maintain a moderate risk profile
    • Selectively grow our businesses
    • Improve profitability
  • Client focus
  • Invest in our future
  • Maintain a moderate risk profile
  • Selectively grow our businesses
  • Improve profitability
  • ABN AMRO UK is part of the Corporate Banking business line and operates the following businesses in the UK:

    ABN AMRO UK
    • Corporate and Institutional Banking – which includes Corporate Banking, Clearing Global Markets - Sales & Trading, Escrow & Settlement, and Financial Institutions
    • Commercial Banking which includes Asset Based Finance and International Desk, which provides transactional banking services
  • Corporate and Institutional Banking – which includes Corporate Banking, Clearing Global Markets - Sales & Trading, Escrow & Settlement, and Financial Institutions
  • Commercial Banking which includes Asset Based Finance and International Desk, which provides transactional banking services
  • Our business lines are supported by a number of functions such as Risk, Compliance, Legal, IT, Finance (Including Tax), Business Management and Human Resources. We currently employ approx. 380 individuals in the UK.

    Your profile

    • Good first degree or equivalent work experience gathered within a FR&R function
    • Experience in a similar position
    • Relevant insolvency experience
    • Proven financial industry working experience
    • Knowledge of leasing market and products and activities
    • Experience in structuring of deals
    • Ability to interpret financial statements
    • Advanced understanding of financial ratios and business principles and strong analytical skills with an ability to question assumptions
    • Advanced knowledge of credit analysis and lending/leasing functions
    • Advanced knowledge of typical equipment finance and bank products and services
    • Highly motivated and ambitious, with high energy levels and ability to prioritize and multi-task effectively
    • Eagerness to learn and self-develop
    • Solution driven and can-do mentality
    • Good/strong Risk knowledge
    • Ability to work under pressure and meet deadlines
  • Good first degree or equivalent work experience gathered within a FR&R function
  • Experience in a similar position
  • Relevant insolvency experience
  • Proven financial industry working experience
  • Knowledge of leasing market and products and activities
  • Experience in structuring of deals
  • Ability to interpret financial statements
  • Advanced understanding of financial ratios and business principles and strong analytical skills with an ability to question assumptions
  • Advanced knowledge of credit analysis and lending/leasing functions
  • Advanced knowledge of typical equipment finance and bank products and services
  • Highly motivated and ambitious, with high energy levels and ability to prioritize and multi-task effectively
  • Eagerness to learn and self-develop
  • Solution driven and can-do mentality
  • Good/strong Risk knowledge
  • Ability to work under pressure and meet deadlines
  • What we offer

    Opportunity to work in a dynamic environment, where flexibility is highly appreciated. We encourage you to grow and develop as a person and as an employee.

    Interested?

    Are you interested? Please apply via the button below.For more information please contact Niki Champion, Senior Resourcing Partner, UKrecruitment@uk.abnamro.com, +44 203 192 9342.

    UKrecruitment@uk.abnamro.com

    Vacature informatie

    Organisatie: ABN AMRO

    Locatie: Amsterdam

    Opleidingsniveau: HBO/WO

    Arbeidsvoorwaarden: Marktconform

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