Head of Recovery Division

[FONT=&quot]Ref Job number: #003 #[/FONT]
[FONT=&quot]Job Title:[/FONT][FONT=&quot] Head of Recovery Division [/FONT]
[FONT=&quot]Location: Tirana[/FONT]
[FONT=&quot]Division: Recovery Division[/FONT]
[FONT=&quot]Closing Date: 15.07.2014[/FONT]

[FONT=&quot]Credit Agricole Albania Bank S.A[/FONT][FONT=&quot].,[/FONT][FONT=&quot]member of Crédit Agricole Group, a market leader in universal customer-focused banking in France and one of the largest banks in Europe seeks to serve the real economy by supporting its clients’ projects in all areas of retail banking and associated specialized business lines. [/FONT]
[FONT=&quot]Emphasizing its values and its commitment, we are the bank of common sense. It puts the satisfaction and the interests of its 54 million customers, 160,000 employees, 1.2 million shareholders and 6.5 million mutual shareholders, at the heart of its activities. It is seeking to recruit experienced and dynamic employees which geographical scope of activity will be focused in the respective regions.[/FONT]

[FONT=&quot]We are seeking to recruit[/FONT][FONT=&quot]: [/FONT][FONT=&quot] Head of Recovery Division[/FONT]

[FONT=&quot]Main Job Purpose[/FONT][FONT=&quot]: [/FONT]

[FONT=&quot]Responsible for the effective management of the bad loan portfolio, with a view to reducing the portfolio in delay[/FONT]


[FONT=&quot]Direct Reports to[/FONT][FONT=&quot]: [/FONT][FONT=&quot]Chief Operations Officer[/FONT]


[FONT=&quot]Main Responsibilities:[/FONT]

· [FONT=&quot]Supervision of all activities linked to bad loan negotiations with SMEs and Corporate clients[/FONT]

· [FONT=&quot]Supervision of all activities linked to collection of retail bad loans[/FONT]

· [FONT=&quot]Reporting and forecasting of the Division progress to senior management[/FONT]

· [FONT=&quot]Effective management of the subordinates[/FONT]

· [FONT=&quot]Cooperation with the Legal Division as needed on legal issues related to assigned portfolio[/FONT]

· [FONT=&quot]Maintenance of required knowledge levels to ensure compliance with state regulatory requirements in addition to Bank policies and procedures[/FONT]

· [FONT=&quot]To manage the Retail / Corporate and collection process, in compliance with the authorities delegated to him / her by the Bank.[/FONT]

· [FONT=&quot]To adjust the policies of the Local Procedures/Manuals to be in full compliance with the local laws and local Central Banks’ directions. [/FONT]

· [FONT=&quot]To issue detailed Collections Policy and Procedures for all Collections transactions.[/FONT]

· [FONT=&quot]To submit to the Committees a complete analysis of the Collections activity.[/FONT]
· [FONT=&quot]To issue capacity plans and forecasts for collections operations and act on them with a cost effective manner. [/FONT]

· [FONT=&quot]To apply fraud prevention procedures in all processes and transactions in a pro-active way and supervise their implementation (when the business capacity does not allow Fraud Manager). [/FONT]

· [FONT=&quot]To monitor deficiencies and ensure that appropriate corrective actions are implemented.[/FONT]

· [FONT=&quot]To negotiate and propose together with the Legal Division outsourcing contracts for Collections and / or Legal services.[/FONT]

· [FONT=&quot]To monitor and manage cost-effectively the outsourcing collaborations. [/FONT]

· [FONT=&quot]To maintain a flow of information to monitor write-offs, recoveries, past due, non-accrual and renegotiated obligations.[/FONT]

· [FONT=&quot]Supervises controls and updates the reporting with the changes in the BOA’s regulatory framework. [/FONT]

· [FONT=&quot]To delegate the duties (but not responsibilities) previously mentioned in a professional and audible manner. [/FONT]

· [FONT=&quot]To define targets together with the COO and to follow them up[/FONT]

· [FONT=&quot]Follow up the outsource recovery activities in any (including follow up of the budget)[/FONT]

· [FONT=&quot]To perform in compliance with the Group Policies[/FONT]

· [FONT=&quot]Responsible for Recovery in term of IS governance [/FONT]


[FONT=&quot]The ideal Candidate should have:[/FONT]

• [FONT=&quot]Good background in debt recovery management[/FONT]
• [FONT=&quot]Advanced knowledge of litigation management within banking institution and strong ability to represent the bank’ legal position[/FONT]
• [FONT=&quot]Experience in managing a credit resolution area with knowledge of the realization process and related legislations[/FONT]
• [FONT=&quot]Knowledge and/or experience / familiarity with bank products, systems and processes [/FONT]
• [FONT=&quot]Experience in retail and /or corporate collection recovery[/FONT]
• [FONT=&quot]Sound financial analysis skill[/FONT]
• [FONT=&quot]Effective negotiation and dispute resolution skills with an ability to manage risk in a retail and corporate environment [/FONT]
• [FONT=&quot]High integrity, risk focus and attention to detail[/FONT]

[FONT=&quot]Criteria to be fulfilled:[/FONT]

• [FONT=&quot]University degree, in Economic or Jurisprudence; MBA will be preferable. [/FONT]
• [FONT=&quot]At least 5 years of experience in banking sector, preferably in Recovery, or in a bailiff office.[/FONT]

· Good written and spoken English

• [FONT=&quot]Very Good communication skills[/FONT]
• [FONT=&quot]Computer literacy[/FONT]

How to apply:
Strong motivated candidates looking for a dynamic job and professional team are welcomed to apply by following these steps:

1- Properly fill our standard application form available to be downloaded. We kindly advise to carefully fill all required info and obligatory fields. For downloading the application form, please click here.
2- Submit the completed application form by sending it only through this e-mail address jobapplication@credit-agricole.al.
3- In the e-mail subject please specify clearly the position reference number.

Please note that only shortlisted candidates will be further contacted from our HR specialists.