Position No: 58
Position Title: Senior Officer
Department: Project Implementation and Monitoring (DPM)
Location: Thessaloniki, Greece
Type of position: Professional
Closing Date for applications: 16 March 2015
Appointment Type: Three-year fixed term appointment (internal candidates holding open-ended appointments will retain their open-ended appointment status)
Organizational context and impact of results
Under the overall guidance and supervision of the Director DPM, the Senior Officer DPM is responsible for making a significant contribution to the maintaining of the bank’s impaired loan portfolio at a minimum level by means of pro-active proposals on credit management, practical work-out and debt restructuring and portfolio monitoring.
The expected key impact of the work of the Senior Officer DPM in assisting with the corporate recovery, operational restructuring and performance improvement of operations is to contribute to the achievement of the operational objectives and mandate of the Bank.
Functions
- Contributes to operation monitoring and corporate recovery by making proactive proposals for recovery/restructuring options which will minimize losses from banking operations, as well as analyzing recovery options with reference to risk/reward trade-offs, future financial viabilities, prioritizes solutions and identifies contingencies;
- Participates in the preparation, the due diligence, the appraisal, and the monitoring of operations including issuance of amendments, waivers, consents and notices of monitored operations and monitors compliance with financial covenants as outlined in the legal documentation;
- Preparation of financial reports, analysis and/or information for the monitored operation and provides an opinion of their financial performance for the monitoring period;
- Liaises and maintains relationships with counterparties in other international entities and within the BSTDB;
- Promotes the Bank’s activities through participation in various events.
Competencies:
- Professionalism: maintains a level of expertise and professional knowledge commensurate with the respective position and job description,
- Results Orientation: demonstrates ability for achieving results against an internal or external standard of excellence.
- Communication and interaction with impact: Transfers efficiently and effectively information and messages, wields effective tactics for persuasion.
- Client/stakeholder orientation – ensures appropriate service of high standard to internal and/or external customers and develops constructive and sustainable business/ customer relationships.
- Teamwork: effectively cooperates with others aiming at the achievement of team objectives.
- Cultural sensitivity/Diversity: supports and promotes an environment that holds opportunities for all, regardless of race, gender, culture and age.
- Integrity: maintains standards of objectivity, independence and discretion. Behaves ethically and in consistency with institutional core values.
- Accountability: exhibits a strong sense of responsibility for one’s work and resulting consequences.
- Innovation and change: is open to and applies novel ideas and thinking to improve processes, methods, systems or services. Accepts and adapts to changes.
- Critical thinking: clarifies goals, examines assumptions, evaluates evidence, accomplishes actions, and assesses conclusions.
Minimum requirements for the position
- Education: First-level University degree in Finance, Accounting, or Business Administration.
- Experience: at least 8 years of relevant working experience including proven experience in restructuring of loans and/or portfolio management.
- Computer skills: Excellent working knowledge of Word/Excel/Power Point packages; SAP user working knowledge.
- Well-developed credit/workout skills including an understanding of major risk factors that impact on impaired loans in today’s changing financial and economic environment.
- Ability to work intensively with lawyers on debt restructuring.
- Advanced financial analysis skills including the ability to prepare financial projections and financial models.
- Excellent command of English.
Desirable education/qualifications/experience/knowledge/skills:
- Postgraduate degree in in Finance, Accounting, or Business Administration.
- CFA qualifications.
- Good knowledge of a language of a member state of the Bank.
It is the BSTDB’s policy to offer equal employment opportunities to qualified candidates regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities.
Application Procedure
In order for your application for one or more of the above vacancies to be considered valid, please:
1. Complete the BSTDB Application Form in full:
- Provide an answer to each question.
- If a question is not applicable to you, please complete N/A.
- No additional documents (such as CV’s) will be considered.
2. Send the completed BSTDB Application Form as an attachment to: recruit@bsdb.org. Pleaseinclude in the subject line of the e-mail only the Reference Number of the vacancy you are applying for and your full name.
Example: 119 John Smith
The above-described application procedure should be followed separately for each vacancy.
In case of application for more than one vacancy, you will receive an automatic receipt confirmationonly to the application which was sent first. Only short-listed candidates will be contacted.
