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JOB NAME

Manager: Workout & Restructuring – Corporate (FTC) - 24 Months [Centurion (Head Office)]

POSTED BY: Land & Agricultural Development Bank
REF:LBAF 55
Date Published:Monday, September 20, 2021
Date of Expiration:Saturday, March 19, 2022 EXPIRED
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LOCATION OF THIS JOB

South Africa | CENTURION (HEAD OFFICE)] in South Africa

INDUSTRY

DEVELOPMENT FINANCE INSTITUTIONS

JOB TYPE

Contract

MAIN JOB DESCRIPTION

Closing Date 2021/09/27
Reference Number LAN210917-1
Job Title Manager: Workout & Restructuring – Corporate (FTC) - 24 Months [Centurion (Head Office)]
Division Portfolio Management Services
Unit PMS Workout and Restructuring
Job Type Classification Contract
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion (Head Office)

JOB ADVERT SUMMARY
The Portfolio Management Services Division within the Land Bank is responsible for the proactive monitoring of the credit health and risk in terms of the Bank's portfolio of Commercial and Corporate Clients.

KEY PERFORMANCE AREAS
1. Innovative restructuring solutions to Corporate accounts
2. Manage the implementation of the approved restructure of customer accounts
3. Monitoring and Evaluation of restructured customer accounts
4. Provide advisory services to internal and external stakeholders where required.
5. Record Keeping and Reporting

REQUIREMENTS FOR THIS JOB

PREFERRED MINIMUM EDUCATION AND EXPERIENCE
1. 3 years Business / Commercial Qualification (BCOM) 5-8 years Corporate Banking experience which includes:
1) Corporate Finance/Banking deal structuring
2) Structured trade and commodity finance
3) Strong Financial and Credit Analysis and Assessment background
4) Formulating business turnaround plans
5) Evaluation of business restructures or workouts
6) Managing turnaround of distressed clients.

CRITICAL COMPETENCIES
1. Microsoft Office
2. Business Acumen
3. Legal procedures
4. Deal structuring Turnarounds, workout and restructuring
5. Credit and Financial Analysis Credit assessment / evaluation

ADDITIONAL REQUIREMENTS
Sound knowledge and understanding of the legislation and regulations inclusive of legislative and regulatory bodies within a specific environment
1) Companies Act
2) Insolvency Act
3) National Credit Act
4) Land Bank Act Travel as and when required. Extended hours as and when required / Time management Willing to work outdoors Valid SA Driver’s License Stress management