Head of financial restructuring and recovery – South East

Business Money Promotions Ltd; Stamford; On-site; GBP 125,000 - 150,000; Full time

Job summary

A leading global banking group is seeking a Head of Financial Restructuring and Recovery in Stamford, UK. This senior role involves coaching teams, assessing risk profiles, and developing restructuring proposals. Candidates should have a strong understanding of UK insolvency laws and experience in ABL/Leasing or insolvency. A market-leading salary and benefits are offered.

Benefits

Market leading basic salary

Car allowance

Bonus

Wide range of additional benefits

Qualifications

• Strong understanding of UK insolvency laws, customs and practices.
• A background in ABL / Leasing or insolvency and restructuring is essential.
• Able to identify key issues on assignments and suggest workable solutions.

Responsibilities

• Coach and develop the team ensuring full talent potential is utilised.
• Identify and visit customers with an increased risk profile.
• Assess the collateral, legal and financial structure of relationships.

Skills

Understanding of UK insolvency laws

Background in ABL / Leasing

Ability to identify key issues

Experience in managing a team

Job description

Head of financial restructuring and recovery – South East

Overview

An exciting opportunity has arisen to join a leading global banking group in a senior financial restructuring and recovery role within their UK based asset based lending and leasing divisions.

Responsibilities

• Coach and develop the team ensuring full talent potential is utilised.
• Identify and visit customers with an increased risk profile.
• Assess the collateral, legal and financial structure of relationships with an increased risk profile.
• Develop restructuring proposals for customers where appropriate.
• Drawing up treatment plans in compliance with legal provisions and relevant directives.
• Present analysis to the financial restructuring and recovery committee and provide explanations or answers to questions from committee members.
• Conduct negotiations with stakeholders about the measures to be taken.
• Develop and maintain a process to identify underperforming and increased risk customers in the portfolio.
• Prepare analysis and reports supporting the restructuring assignment as required to be delivered to customers and other parties.
• Develop and maintain productive working relationships with management and the workforce of the target business as well as its stakeholders.

Qualifications

• Strong understanding of UK insolvency laws, customs and practices.
• A background in ABL / Leasing or insolvency and restructuring is essential.
• 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.
• Previous experience managing a team.

Benefits

In return you can expect a market leading basic salary, car allowance, bonus and a wide range of additional benefits.

How to apply

For more information about this role or any of our vacancies call 01625 522 774 or email [e-mail].

Contact: M2 Professional Recruitment Services – Tel: [phone] – Fax: [phone] – Email: [e-mail] – Website: www.m2recruit.co.uk