Director Special Credit - Morgan McKinley

Our client, a Global Bank, is looking for a Director to lead the Special Credit team based in London. Responsibilities below: • To be responsible for the effective management of a portfolio of distressed and problem assets where the bank may have exposures across different layers in the capital structure, in different products and in various industries/sectors and jurisdictions across EMEA • To optimize the credit costs, and recoveries on problem assets • To make balanced, timely and thoughtful recommendations and credit decisions on behalf of EMEA and exercise delegated credit authority appropriately • To support in the strengthening and developing of the risk appetite portfolio monitoring, and early warning frameworks in line with internal policies and senior management and regulatory expectations • To maintain a broad network of relevant external stakeholders in the recoveries / workout space in other banks, advisors law firms etc., Previous experience leading Special Credit teams is required. For further information please don't hesitate to contact me on my email: