Remedial Assistant Manager.
Posted Updated
- Raise to the attention of Management credit assets that may be moved to classified status in order to minimize loan provisioning.
- Identify problem lending situations and recommend appropriate corrective action to minimize losses and maximize recoveries. Make recommendations for provisions as and when needed.
- Performing a risk assessment, analyzing current risks & identifying potential risks that are affecting the company.
- Ensures that appropriate credit risk ratings & related restructuring packages are assigned to the borrowers & are effectively communicated to relevant stakeholders
- To ensure all the provision are properly reported in the division’s P&L and related profitability in case of any settlement.