Senior Manager, Special Assets Corporate

Role overview

This position is focused on steering the bank’s corporate special assets work by restructuring distressed exposures, driving recovery actions, and managing settlements for non-performing corporate financing. The role aims to secure practical resolutions, improve collection outcomes, and protect the bank’s interests while staying aligned with internal policies and regulatory requirements.

Core responsibilities

The role covers the management of large corporate restructurings for non-performing loans, along with the execution of recovery plans for distressed corporate accounts. It also includes leading settlement activity for troubled corporate financing and ensuring that all settlement arrangements are developed and implemented in line with approved policies, procedures, and regulatory standards.

Non-performing loan restructuring

• Identify the root causes behind customer underperformance and diagnose the operational and financial issues affecting the portfolio.
• Review customer financial information within the SAM portfolio to assess whether borrowers can support a restructuring solution.
• Analyze original loan terms against borrower financial performance to recommend appropriate restructuring actions and revised terms.
• Build financial models to test the viability of proposed restructuring measures.
• Track borrower financial health and adherence to restructuring terms, then recommend changes where needed to improve effectiveness.

Portfolio assessment and rating

• Evaluate the division’s portfolio using reports and information from corporate operations to understand overall loan status.
• Ensure the corporate portfolio is correctly rated in line with bank standards and identify non-performing exposures, including loans rated 10, 11, and 12.
• Prepare projections for non-performing loans to support an accurate view of portfolio health and exposure trends.

Provisioning and portfolio protection

• Assess the financial issues in the portfolio and estimate the required provisions in line with bank standards and Basel rules.

Management of non-performing loans

• Work closely with portfolio clients to develop initiatives and settlement arrangements that help them meet obligations to the bank.
• Lead feasibility studies and credit proposals to assess client status and identify workable recovery solutions.
• Ensure collateral and security interests are properly identified and applied to safeguard the bank’s position and meet credit risk requirements.
• Coordinate with Corporate Banking, Collections, and Legal teams to manage delinquent cases and pursue debt recovery through legal measures where appropriate.
• Contribute to training initiatives that help Relationship Managers and Credit Officers better identify and handle high-risk customers.
• Engage with bankruptcy trustees and courts to validate the bank’s claims and support bankruptcy proposals that align with the bank’s interests.

Settlement management

• Lead or join meetings with distressed borrowers to negotiate sustainable settlement plans that work for both the bank and the customer, while respecting internal policies, procedures, and SAMA guidelines.
• Review settlement proposals and obtain approval from the Loan Recovery Head before escalating legal cases against highly delinquent corporate customers when needed.
• Coordinate closely with the bank’s legal representatives to ensure settlements and related actions comply with internal and SAMA requirements.
• Oversee the filing and archiving of client documents so that portfolio records remain accessible and well organized.

Credit monitoring and risk control

• Review obligor ratings in the portfolio at least once every year.
• Monitor portfolio clients proactively, with special attention to watch-list customers and weak obligors.
• Work with CAMC to track delinquency, determine the reasons for weakness, and propose action plans to the Head of SAM for delinquent exposures.
• Monitor PDO cases and recommend remedial actions to the Head of SAM.
• Conduct meetings with key clients and weak clients as required.
• Ensure compliance with corporate credit policies, procedures, and risk management rules such as concentration limits.
• Contribute to the development and revision of credit policies, procedures, and credit or product programs as needed.

Leadership and financial objectives

• When required, supervise team performance through planning, coaching, and feedback to support professional and personal development.
• Provide leadership to achieve functional goals effectively.
• Deliver the assigned individual and group financial targets for recovery and collection.

Decision-making and governance

• Recommend credit actions to the Corporate Remedial Committee or Credit Committee.
• Exercise credit decision-making authority at level 6 for the portfolio, subject to final determination.
• Follow all bank governance, audit, risk, compliance, fraud detection, and anti-fraud controls and requirements.

Qualifications and experience

A degree in accounting or finance with honors is required. A master’s degree or MBA is considered an advantage. Professional certifications such as CA, CPA, CIA, CCSA, FRM, CFA, or PRM are preferred. The role calls for 8 to 10 years of experience in corporate banking and corporate credit risk.

Key skills and profile

The ideal candidate should bring strong credit structuring capability, a solid grasp of corporate credit rating models, sharp analytical and evaluation skills, and the ability to manage, train, and develop others. The role also requires an intelligent, strategic, and perceptive professional who can learn quickly, work with energy, understand business operations deeply, and present credit viewpoints clearly in committee settings.

Additional information

This position includes responsibility for relationship management, settlement design, legal coordination, and interaction with bankruptcy trustees and courts. The successful applicant will be expected to operate within internal procedures, regulatory guidance, and the bank’s credit and risk framework at all times.