Our client, a Global Bank, is looking for a Director to lead the Special Credit team based in London.

Responsibilities below:

• To be responsible for the effective management of a portfolio of distressed and problem assets where the bank may have exposures across different layers in the capital structure, in different products and in various industries/sectors and jurisdictions across EMEA
• To optimize the credit costs, and recoveries on problem assets
• To make balanced, timely and thoughtful recommendations and credit decisions on behalf of EMEA and exercise delegated credit authority appropriately
• To support in the strengthening and developing of the risk appetite portfolio monitoring, and early warning frameworks in line with internal policies and senior management and regulatory expectations
• To maintain a broad network of relevant external stakeholders in the recoveries / workout space in other banks, advisors law firms etc.,

Previous experience leading Special Credit teams is required.

For further information please don't hesitate to contact me on my email: