Director - Restructuring

1 month ago

London, United Kingdom Chamberlain Career Management Full time

Director – Restructuring

The Bank:

An established, growing, stable and successful challenger bank who focus on business and personal finance in a small number of carefully chosen markets.

Job Purpose:

The primary responsibility of the role is to manage the credit relationship for customers classified as Watch and Recoveries. The aim is to return customers to good health, but where that is not practical to minimise provisions and maximise recoveries in as capital efficient manner as possible.

The job holder will lead credit discussions with customers and obtain credit approval for exposures from the relevant delegated authority. The role holder will be expected to manage individual larger cases when appropriate.

The role forms part of the second line of defence (2LOD) Business Support and Recoveries team and will share the common objectives:

  • To operate an effective second line credit risk management function which can demonstrate independence from the business units.
  • To ensure the relevant 2LOD units work collaboratively and constructively with the first line functions to deliver support for achievement of all business objectives whilst maintaining effective controls and optimising credit outcomes.

Key Accountabilities / Responsibilities:

  • Lead Watch and Recovery customer relationships whilst demonstrating a range of recovery and restructuring techniques across the portfolios to reduce risks and align portfolios to the risk appetite.
  • Visit customers to discuss the issues leading to the problem loan classification and develop appropriate strategies to address the concerns.
  • To make clear and supported credit recommendations to appropriate DA holders including loan restructuring where necessary. Monitor Management Information and over-see security and documentation requirements.
  • Develop strong, positive and open working relationships with the Bank’s key stakeholders.
  • Support the Managing Director Business Support to identify risk of impairment in a timely manner.
  • Ensure all conduct and compliance requirements are adhered to and are at the heart of the Bank’s approach.
  • Support the Managing Director Business Support to ensure risk appetite and operational targets for problem account management are achieved.
  • Identify lessons learned for feedback to the business units.
  • Maintain and manage pro-active and appropriate relationships with external suppliers.

Qualifications, Experience and Personal Qualities:

  • Significant experience in credit risk and workout roles in SME and corporate lending.
  • Experience gained across financial services and banking including Property Investment and Development Finance, Asset Finance and trading SME’s. Preference is this experience includes undertaking customer facing roles.
  • Extensive experience of working with senior executives and the ability to influence outcomes.
  • Strong awareness of the regulatory framework including Conduct and Compliance requirements.
  • Proven analytical skills with a strong working knowledge of risk control systems, processes and reporting.
  • Excellent interpersonal skills, including the ability to engage with clients who are facing stressed trading conditions.
  • Strong leadership capabilities with the ability to communicate effectively with both risk and front-line relationship teams.
  • Evidence of balanced and independent judgement with a proven ability to drive change.

What’s on offer:

  • This is the opportunity to work for an established, growing and successful challenger bank.
  • Career opportunities are there for the taking for ambitious strong performers as the bank continues to grow.
  • A competitive basic salary plus strong benefits package and annual discretionary bonus.
  • Flexible working with 2 days in the office or out visiting clients.
  • Work for a meritocracy – a business that empowers people, encourages them to learn and grow, who understands diversity makes them stronger and celebrates success.

  • Restructuring Director

    1 week ago

    London, United Kingdom Warner Scott Recruitment Full time

    My client is a market leading restructuring firm based in London. They are expanding their team and are hiring at Director Level. This team specialises in all aspects of restructuring. They advise companies and lenders in times of financial distress and help provide turnaround solutions. Mandates include Partners taking board advisory roles, formal...

  • Restructuring Director

    1 week ago

    London, United Kingdom Warner Scott Recruitment Full time

    My client is a market leading restructuring firm based in London. They are expanding their team and are hiring at Director Level. This team specialises in all aspects of Candidates should take the time to read all the elements of this job advert carefully Please make your application promptly.restructuring. They advise companies and lenders in times of...

  • Restructuring Director

    1 week ago

    London, United Kingdom Warner Scott Recruitment Full time

    My client is a market leading restructuring firm based in London. They are expanding their team and are hiring at Director Level. This team specialises in all aspects of restructuring. They advise companies and lenders in times of financial distress and help provide turnaround solutions. Mandates include Partners taking board advisory roles, formal...

  • Restructuring Director

    1 week ago

    London, United Kingdom Warner Scott Recruitment Full time

    My client is a market leading restructuring firm based in London. They are expanding their team and are hiring at Director Level. This team specialises in all aspects of restructuring. They advise companies and lenders in times of financial distress and help provide turnaround solutions. Mandates include Partners taking board advisory roles, formal...

  • Restructuring Director

    2 weeks ago

    London, United Kingdom Warner Scott Recruitment Full time

    My client is a market leading restructuring firm based in London. They are expanding their team and are hiring at Director Level. This team specialises in all aspects of restructuring. They advise companies and lenders in times of financial distress and help provide turnaround solutions. Mandates include Partners taking board advisory roles, formal...

  • Restructuring Director

    6 days ago

    London, United Kingdom Warner Scott Recruitment Full time

    My client is a market leading restructuring firm based in London. They are expanding their team and are hiring at Director Level. This team specialises in all aspects of restructuring. They advise companies and lenders in times of financial distress and help provide turnaround solutions. Mandates include Partners taking board advisory roles, formal...

  • Restructuring Director

    2 weeks ago

    London, United Kingdom Warner Scott Recruitment Full time

    My client is a market leading restructuring firm based in London. They are expanding their team and are hiring at Director Level. This team specialises in all aspects of restructuring. They advise companies and lenders in times of financial distress and help provide turnaround solutions. Mandates include Partners taking board advisory roles, formal...

  • Associate Director- Restructuring

    4 weeks ago

    London, United Kingdom Gambit Search Limited Full time

    Gambit Search are working closely with a leading consultancy who are looking for an experienced Associate Director to join their team in either an insolvency or advisory/restructuring capacity. With an excellent reputation in the market and a commitment to delivering innovative solutions, this firm offers an attractive opportunity at associate director...

  • Restructuring & Insolvency Managing Director

    8 hours ago

    London, United Kingdom Ambition Full time

    Associate Director - Insolvency & Restructuring Ambition has the pleasure of partnering with the UK's fastest growing advisory firms who are looking to make a strategic hire in their London Insolvency & Restructuring division at the Managing Director level. This firm has had great success and undergone phenomenal growth in recent years. They are now...

  • Director - Restructuring

    7 days ago

    London, United Kingdom Chamberlain Career Management Limited Full time

    Director - Restructuring The Bank: An established, growing, stable and successful challenger bank who focus on business and personal finance in a small number of carefully chosen markets. Job Purpose: The primary responsibility of the role is to manage the credit relationship for customers classified as Watch and Recoveries. The aim is to return customers...

  • Associate Director/Director

    7 days ago

    London, United Kingdom Stonebridge Executive Search Full time

    Associate Director/Director - Restructuring and Advisory Our client believes in empowering individuals and communities to make the right decisions and achieve their goals. Their well-established UK Restructuring team is seeking an Associate Director to join their dynamic team. The team has a proven track record of handling complex advisory assignments and...

  • Associate Director

    1 month ago

    London, United Kingdom RSM UK Full time

    Associate Director - Restructuring Advisory We are searching for an experienced Associate Director - Restructuring Advisory Overall Purpose An exciting opportunity to develop a breadth of commercial skills and experience across advisory and formal insolvency assignments with the Restructuring Advisory team. As an Associate Director within the team you...

  • Director of Compliance: Insolvency and Restructuring

    4 weeks ago

    City of London, United Kingdom HIA Legal Full time

    **Job description** This opportunity sits with a leading Insolvency and Restructuring firm, well known as a centre of excellence within the industry. The firm is London based, with a robust offering across multiple sectors. Aside from enjoying an excellent reputation, our clientoffers a market leading salary, flexible working and an engaging and...

  • Restructuring Tax Services

    1 month ago

    London, United Kingdom Alvarez and Marsal Full time

    **Description** With many commercial sectors, both in the UK and internationally, suffering varying degrees of distress, a number of our business units have a growing requirement for extensive tax support (including debtor and creditor advisory, restructuring and formal insolvency). A strong restructuring tax team with the right expertise is critical to the...

  • Associate Director, Credit

    1 month ago

    London, United Kingdom Pro-Tax Recruitment Full time

    **This Big 4 Firm is looking for an Associate Director, Credit & Restructuring Tax in London & Manchester.** The Credit & Restructuring Tax Team is a fast-growing team that provides market-leading expertise to a range of clients across a variety of situations. This firm are looking for Associate Directors to work on a wide range of transactions, advising...

  • Corporate Restructuring Director

    1 month ago

    London, United Kingdom eFinancialCareers Full time

    This is an exciting role to work with a rapidly expanding team. You will work on high-profile Special Situations and restructuring projects. duties include full responsibility for restructuring process. Supervision of junior staff Complex financial analysis Financial modelling Board negotiations Working capital and cash flow reporting. Distressed M&A Wider...

  • Restructuring & Insolvency Associate

    4 weeks ago

    London, United Kingdom Jameson Legal Full time

    A very well regarded City firm is looking to hire a Restructuring & Insolvency Associate for its Legal 500 ranked team in London. The firm’s leading team works on a full range of both contentious and non-contentious Restructuring & Insolvency matters. In particular, you will have the opportunity to work on both cross-border and domestic restructuring,...

  • Restructuring Manager

    7 days ago

    London, United Kingdom Stonebridge Executive Search Full time

    We are delighted to have partnered with a restructuring powerhouse to help them recruit for an exceptional Restructuring Manager for their Corporate advisory team based in their London office. This is an opportunity to work for a leading boutique advisory firm and to work on some of the highest profile and complex assignments in the market. The Role The...

  • Restructuring & Insolvency Associate

    1 month ago

    London, Greater London, United Kingdom Jameson Legal Full time

    A very well regarded City firm is looking to hire a Restructuring & Insolvency Associate for its Legal 500 ranked team in London.The firm's leading team works on a full range of both contentious and non-contentious Restructuring & Insolvency matters. In particular, you will have the opportunity to work on both cross-border and domestic restructuring,...

  • Restructuring and Insolvency Lawyer

    2 weeks ago

    London, United Kingdom HIA Legal Full time

    Job Title: Restructuring and Insolvency Associate Location: London, United Kingdom Company Overview: Our client is a global, US-headquartered law firm with a strong presence in London, renowned for its excellence in finance and restructuring law. The Finance and Restructuring Group is led by experienced legal professionals who are committed to...