Financial Restructuring

Financial Restructuring & Recovery Officer - Leasing

**At a glance**:
The Financial Restructuring & Recovery Officer reports to the Head of Financial Restructuring & Recovery.

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**:
Managing FR&R customers, evaluating inherent risks and managing these accordingly for the development, maintenance and quality of the whole portfolio. To adhere to the FR&R policy, local regulations and legislation and client interests to optimise the profitability of the portfolio.
- The FR&R Officer, Asset Based Finance has the following responsibilities- 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.
- Watch & Oversight:
- Develop 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.
- Technical skills:
- Strong understanding of UK insolvency rules and practices.
- Displays a high level of commercial acumen, and an awareness of the key drivers of corporate failure or underperformance
- Proficient in detailed financial and commercial analysis and able to identify potential areas of sensitivity
- 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.
- 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
- Strong communication skills, building effective relationships at all levels
- Knowledge and recommendations:
- Transfers knowledge to colleagues and, using his/her experience and vision of FR&R, advises them so that they can perform their duties more professionally.
- Is responsible for building up knowledge of sectors, local markets and country risks.
- Discusses outcomes of FR&R activity and learnings with the wider UK team.
- Puts forward proposals to update and revise the FR&R & Credit policy.
- Trains (new) colleagues.
- Whilst predominantly working on the Leasing side, assists where appropriate with the FR&R activity of the Commercial Finance side of ABF UK.

**Your working environment**:
**ABN AMRO is an enterprising bank with a primary focus on Northwest Europe. We serve clients in the retail, private banking and corporate banking sectors. We are also present internationally in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing.**

At ABN AMRO we have a clear purpose: Banking for better, for generations to come. The shift towards sustainability is one of the most important challenges of our time. Supporting our clients at times that matter has always been our role and our responsibility. Together, we aim high and work towards lasting relationships that are relevant and responsible, both now and in the future. We want to be the bank that leads the way.
- Our strategy goes far beyond financial value: we want to accelerate the transition to sustainability. We do this b