At a glance As part of the wider Risk Management division, the FR&R Department manages customers with increased risk profiles and customers who cannot meet their payment obligations and manages a watch and oversight process to identify those customers in the portfolio who are likely to be unable to meet their payment obligations in the next 12 months. FR&R's primary objective is to provide the best possible results for both the customer and ABF. FR&R work to ensure that customers remain financially healthy and that any (potential) losses for ABF are limited. They also work to prevent any (possible) reputational damage. To achieve this, cooperation with various parties is necessary, internally these include Sales, Legal, Asset Management, Credit and externally, Administrators, Lawyers Insolvency Practitioners and collection agencies.
Your job As a FR&R Officer you will maintain close contact with all UK FR&R customers and coordinate all UK FR&R activity. You will analyse and interpret the (non-) financial information from customers with an increased risk profile. You will look to negotiate and use creativity to limit potential losses for ABF and to improve our security position. In this role you will have frequent contact with and be part of the wider FR&R department in the UK and the Netherlands. Management of all UK FR&R files
Visit UK customers with an increased risk profile.
Guiding and, if necessary, restructuring/unwinding exposures with an increased risk profile.
Assessing the collateral, legal and financial structure of relationships with an increased risk profile.
Develop restructuring proposals for customers that you accompany.
Drawing up treatment plans in compliance with legal provisions and relevant directives.
Present analysis to the FR&R Committee(s) and gives additional explanations or answers to the questions of the Committee members
Conducting negotiations with stakeholders about the measures to be taken.
Ensure the approval of treatment plans and/or restructuring proposals.
Ensure the implementation and monitoring of treatment plans/agreements.
Continuous responsibility for the management of all assigned customers.
Managing/coordinating internal and external advisors.
Watch & Oversight
Implement and maintain a process to identify underperforming and increased risk customers in the portfolio to ensure that the appropriate customer classification between FR&R / Watch / Regular business can be maintained accurately.
Prepares analysis and reports supporting the restructuring assignment as required to be delivered to clients and other parties
Develops and maintain productive working relationships with management and workforce of the target business as well as its stakeholders
Knowledge and recommendations
Is responsible for building up knowledge of sectors, local markets and country risks.
Puts forward proposals to update and revise the FR&R & Credit policy.
Whilst predominantly working on the Lease side, assists where appropriate with the FR&R activity of the Asset Based Lending side of ABF UK.
Your working environment ABN AMRO is a Dutch Bank offering a full range of services to retail, private, commercial and merchant banking clients. We are also active internationally in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing. The culture we aim for within the Bank is one in which we strive to strengthen our clients' position. Our success is based on our client's success. We want clients to perceive us as a trusted partner, professional and ambitious - our core values. At ABN AMRO UK we follow the Banks global strategy. We always aim to put our customers first and to create sustainable, long-term value for all our stakeholders - customers, shareholders, employees and society at large; it is our people that we rely on to help us achieve this ambition. We concentrate on our strategic priorities:
Invest in our future
Maintain a moderate risk profile
Selectively grow our businesses
ABN AMRO UK is part of the Corporate Banking business line and operates the following businesses in the UK:
Corporate and Institutional Banking - which includes Corporate Banking, Clearing Global Markets - Sales & Trading, Escrow & Settlement, and Financial Institutions
Commercial Banking which includes Asset Based Finance and International Desk, which provides transactional banking services
Our business lines are supported by a number of functions such as Risk, Compliance, Legal, IT, Finance (Including Tax), Business Management and Human Resources. We currently employ approx. 380 individuals in the UK.
Good first degree or equivalent work experience gathered within a FR&R function
Experience in a similar position
Relevant insolvency experience
Proven financial industry working experience
Knowledge of leasing market and products and activities
Experience in structuring of deals
Ability to interpret financial statements
Advanced understanding of financial ratios and business principles and strong analytical skills with an ability to question assumptions
Advanced knowledge of credit analysis and lending/leasing functions
Advanced knowledge of typical equipment finance and bank products and services
Highly motivated and ambitious, with high energy levels and ability to prioritize and multi-task effectively
Eagerness to learn and self-develop
Solution driven and can-do mentality
Good/strong Risk knowledge
Ability to work under pressure and meet deadlines
What we offer Opportunity to work in a dynamic environment, where flexibility is highly appreciated. We encourage you to grow and develop as a person and as an employee.
Internal Number: 4829183
About ABN AMRO Bank
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