Banamex Director de Reestructuración y Recuperación de Cartera Mayorista

The Remedial Mgmt Sr Group Manager manages multiple teams through other managers. In-depth understanding of how own sub-function contributes to achieving the objectives of the function. A good understanding of the industry, direct competitors' products and services, is also necessary in order to contribute to the commercial objectives of the business. Requires thorough understanding of strategic direction of the function within the relevant part of the business, combined with a solid conceptual/practical grounding in both the function and/or area of expertise and related subject areas. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication/negotiation may be necessary. Responsible for executing functional strategy in area managed. Determines approach to implementing functional strategy. Accountable for end results, budgeting, planning, policy formulation and contribution to future strategy of the area(s). Impact reflects size of team managed, strategic influence on the business and interaction with other functions or businesses. Full management responsibility for multiple teams, including management of people, budget and planning, to include duties such as performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval. May be doing involved or responsible for diverse (cross-discipline) activities. Typically, a direct report to a C16 role and function as an intergral member of the functional leadership team within a country/site location, job family, or line of business.

Reviewing and approving valuations and restructuring analysis for stressed and distressed assets and situations, including the determination of write-off, reserve and risk of loss amounts that directly impact the P&L of the firm; Providing guidance and strategic / tactical thought leadership on the assessment of liquidity, debt capacity and other areas of financial and operating performance to evaluate areas of weakness and potential for turnaround, which is measured by setting and monitoring appropriate classification triggers; Working closely with Region Heads and senior members of Risk and Business to ensure coordination on the restructuring/valuation process and situations and escalating any potential issues Tracking ongoing performance of classified credits and reporting to senior credit and business management; Providing thought leadership on policy and procedural matters that affect Remedial Managment and driving solutions; and Participating in and leading Citigroup-level and Business-level policy-based initiatives and special projects Reporting to Seniors, manage exposures from early problem recognition through to full restructuring or insolvency recovery, including appropriate risk rating, classification and carrying values. Demonstrates effective communication with the issuer and all relevant constituents to ensure awareness of the problems and potential solutions, including fresh equity, disposals, refinancing or restructuring Assess financial and operating performance to evaluate weaknesses and potential for turnaround and to evaluates liquidity requirements and debt capacity Partner with the Valuation Team, in modeling and assessing companies' financial position to assesses appropriate debt structure and accurate debt value (using the most appropriate valuation methodology) Assist, lead and/ or influence the structuring and negotiation of term sheets (dependent upon experience) Engage and lead the restructuring team comprised of lawyers, accountants, banks, and creditor groups, occasionally as part of a creditors' committee Partner with and influence decision making among internal businesses and product areas – including senior management Conducts risk management of the classified portfolio including monitoring performance of assigned accounts and forecasting exposures for capital and asset quality purposes Provides