GM: Credit Workout and Restructure

Location: Centurion, South Africa
Salary: 1400000 Annually
Recruiter: Mindworx Consulting
Job Ref: CNT000270/SM
Date posted: Friday, October 4, 2019
Summary: To innovatively develop and effectively implement a rehabilitation or rescue plan strategy for clients in distress or potentially to be in distress. To apply industry best practices, accepted company policy and procedures to minimise the Bank’s losses and maximise the bank’s return.



Job Description

To monitor and drive the turnaround plans of clients and agreed performance targets through regular engagements and performance management plans (measures of milestones).

  1. Develops, Implements and aligns the workout and restructuring plans to the corporate plan
    2. Creates processes, policies and procedures to manage Innovative restructuring solutions and monitor progress for the Land Bank
    3. Management of Workout and Restructuring Operations and Reporting
    4. Manage Stakeholder Relationships
    5. Departmental and People Management


Degree in Finance / Business / Accounting
8 years or more experience in workout and restructuring at a senior level as well as general banking experience (credit value chain / credit risk management / account management / collections / turnarounds / restructuring and workouts), as well as strong financial acumen, debt restructuring and agricultural economics experience.



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