Senior Account Officer – Restructuring & Follow Up – Commercial Bank of Kuwait

•Focus on the collection of overdue amounts in the facility accounts with a view toward recovering the overdue interest, principal, suspended interest & writing back the provisions.

•Liaise with external & internal lawyers on a pro-active basis to ensure expeditious resolution of legal cases are being conducted and followed.

•Provide periodical & timely information on corporate delinquent debt; prepare position reviews and monthly NPA monitoring forms.

•Review the Audit Comments on Classified accounts and take pro-active action to prevent further deterioration and improve asset quality and recovery prospects.

•Participates in periodic reviews held by Remedial Management, Risk Management, and the various businesses.

•Interacts with the clients, review financial statements and appropriate financial analysis, and negotiates any changes in documentation or terms and conditions of loan.

•Ensure a regular inspection on collateral is conducted (weekly) is conducted regularly

•Reviewing the official gazette – state of Kuwait- on weekly basis.

Job Details

Date Posted: 2017-08-15
Job Location: Al Kuwait, Kuwait
Job Role: Banking
Company Industry: Banking

Preferred Candidate

Career Level: Mid Career
Degree: Bachelor's degree

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