Head of Portfolio Recovery & Asset Restructuring

About the role

A leading regional bank is looking for a senior professional to lead its Portfolio Recovery & Asset Restructuring function. The role focuses on managing stressed corporate exposures, designing recovery strategies, and preserving asset value across a diverse corporate portfolio.

Key responsibilities

• Lead the Corporate Recovery & Restructuring function and oversee stressed and non‑performing corporate credit exposures.
• Develop and implement recovery, restructuring, and turnaround strategies for complex corporate relationships.
• Negotiate restructuring arrangements, settlements, and recovery plans with borrowers and stakeholders.
• Assess business viability, cash flows, collateral positions, and recovery prospects to formulate optimal resolutions.
• Collaborate with Corporate Banking, Credit Risk, Legal, and external advisors to manage problem accounts.
• Oversee legal recovery actions, enforcement proceedings, and collateral realization when required.
• Monitor portfolio performance and recommend proactive measures to mitigate potential losses.
• Ensure compliance with regulatory requirements, internal policies, and governance standards.
• Provide strategic insights and portfolio updates to Executive Management and relevant committees.
• Lead and develop a high‑performance team of recovery and restructuring professionals.

Required profile

• Bachelor’s degree in Finance, Accounting, Business Administration, Economics, Law, or a related discipline (post‑graduate preferred).
• Minimum 15 years of banking experience with significant exposure to corporate recovery, restructuring, special assets, credit risk, or workout functions.
• Proven track record in managing large and complex corporate restructuring and recovery cases.
• Strong understanding of corporate finance, credit analysis, restructuring frameworks, insolvency processes, and legal recovery mechanisms.
• Experience with large corporate groups, family‑owned businesses, and syndicated lending arrangements.
• Excellent negotiation, stakeholder management, analytical, and leadership capabilities.

Required skills