Development Bank of Namibia

Manager: Workout

Posted: 12 hours ago

Job Description

The Manager: Workout is responsible for leading the Workout function within the Credit Risk Unit by managing and rehabilitating non-performing loans (NPLs) with recovery potential. The role entails formulating and executing effective recovery strategies, utilizing appropriate turnaround and risk management tools for distressed clients, and reducing the Bank’s exposure to losses through timely and efficient loan rehabilitation.

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