FR&R Director Restructuring & Recovery

This is what we offer you

• Salary: Gross monthly salary between EUR 6,475 and EUR 9,250 (scale 11) for a 40-hour work week.
• Extras: a thirteenth month, 8% holiday allowance, and a 10% Employee Benefit Budget.
• Development budget: EUR 1,400 development budget per year for your growth and development.
• Hybrid working: a balance between home and office work (possible for most roles).
• Pension: decide for yourself the amount of your personal contribution.

Job Overview

Contribute to a healthy credit portfolio and minimize credit losses for Rabobank by supporting corporate clients facing financial difficulties. As FR&R Director Restructuring & Recovery, you will leverage your expertise in restructuring and recovery to help maintain a healthy credit environment at Rabobank.

You and your job

As Director, you manage a designated portfolio of corporate clients transferred from Business departments who are facing financial difficulties. You will use your expertise and experience for their benefit and thereby contribute to a healthy credit portfolio. Our mission is to create new perspectives for our clients by providing dedicated expertise on restructuring and recovery. Furthermore, you have an advisory role to Risk/Business departments on early detection of financial difficulties.

Your Role

• Manage a designated portfolio of corporate clients transferred from Business departments facing financial difficulties.
• Utilize your expertise and experience to benefit clients and contribute to a healthy credit environment.
• Provide dedicated expertise on restructuring and recovery, creating new perspectives for clients.
• Advise Risk/Business departments on early detection of financial difficulties.

Get results

• Successful corporate and financial restructuring of Wholesale clients, including involvement in foreclosure, litigation, or liquidation processes.
• Consistent and precise reporting that enhances portfolio management and decision-making.
• Enhanced strategies, practices, and proper provisioning for managing distressed assets, leading to better risk control and compliance.

Facts & Figures

• Approximately 60-70 corporate clients with financial difficulties within the Wholesale organization
• FR&R Wholesale & Rural (“WR”) is the international division of FR&R and consists of around 90 people worldwide.
• 9.5 million customers around the world

Top 3 responsibilities

• Analyse & Interpret with customer focus: Manage a portfolio of clients with financial difficulties and defaults across our region and various products.
• Internal & External Stakeholder Management: Maintain relationships with syndicates, financial advisors, and external counsels.
• Support & Cooperate: Advise on watch list accounts to help relationship managers develop strategies to prevent further deterioration to FR&R.

Position within the organization

FR&R EA&A is responsible for corporate clients in financial difficulties in the Wholesale organization in the region Europe, Asia & Africa. All our activities within FR&R are performed through regional teams (such as the FR&R EA&A team) in close collaboration with the Global FR&R team in Utrecht. We are part of the CRO domain next to the risk management department within the region EA&A.

Together we achieve more than alone

We believe in the power of difference. Bringing together people's differences is what makes us an even better bank. So we are very curious about what you can bring to our team at FR&R EA&A.

Our FR&R EA&A team works closely together to manage our clients facing financial difficulties and act as reliable partner to deliver a predictable client journey with effective and efficient decision making. Working together is the way we work; as one determined team at Rabobank. Talking of Rabobank: We are a Dutch bank that operates in 38 countries for over 9,500,000 customers. Together with these customers, our members and partners we stand side by side to create a world in which everyone has access to enough healthy food. In the Netherlands we work to create a country in which people are happy with how they live, work and do business.

You and your talent

• Bachelor or Master degree in financial or target industry
• At least 10 years of experience in account management, risk management, or restructuring environment
• Excellent English communication skills and leadership experience
• Strong track record in strategic thinking and strong analytical skills
• Knowledge of the Wholesale portfolio, countries, cultures, and languages is preferred
• Knowledge of (complex) loan structuring and risk mitigation
• Understanding of credit fundamentals and legal knowledge
• Results-oriented, client-focused, and strong in sensing needs
• Promoting collaboration and building relationships