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Principal Risk Management Specialist (Corporate Recovery)
Asian Development Bank
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Location : Manila , Philippines |
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Experience : More than 10 Years |
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Last date of Submission : 19 Mar 2010 |
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Sector : Sustainable Development |
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Compensation : Negotiable |
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Skill Set : Programme Management |
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Nature of Job : Full Time |
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Job Description |
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- Take over transactions deemed impaired, or in risk of impairment, from operational departments in a structured and documented manner.
Oversee the analysis of impaired or potentially impaired transactions.
- This includes financial and legal due diligence and analysis; interaction with accountants, legal and financial consultants; contacts with senior management of obligor/investee; construction of financial and valuation models as required; as well as other essential tasks.
- Lead in developing the best course of action in terms of exit strategy (e.g. sale, restructuring, liquidation, or any combination thereof) in the form of a Problem Account Memorandum to the respective approval authority within ADB.
- Provide leadership in executing the approved corporate recovery strategy. Initiate and lead all phases of the corporate recovery process in conjunction with all stakeholders involved. Negotiate with the obligor and other creditors as required, Ensure the monitoring of classified transactions.
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Qualifications:
- At least 12 years experience in a commercial or investment bank, law practice or specialized consulting firm prior to joining ADB; of which at least 7 years in the area of corporate recovery and corporate restructurings, of which some at a senior level.
- Proven ability to evaluate individual loans, guarantees, and direct and indirect equity transactions under a corporate recovery perspective.
- Widely recognized for demonstrated expertise in corporate recovery in emerging markets. Proven ability to independently and simultaneously lead a number of different corporate recovery cases in various countries in all material aspects.
- Ability to appreciate corporate recovery in an emerging market context, which may present a weak legal and institutional framework, and from the perspective of a multilateral development institution. Contribute new or innovative corporate recovery approaches.
- Familiarity with industry best practice in corporate recovery and corporate restructuring, with legal frameworks and bankruptcy laws.
- Strong analytical and creative problem solving skills.
- Excellent interpersonal and communication skills. Ability to interact, at a senior and top level, with all internal and external stakeholders involved in a corporate recovery process. Ability to work with individuals from different cultural/national backgrounds in a team approach.
To Apply Click Here |
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