Commercial Bank of Kuwait - Kuwait City - - Ensure receipt of approval from the Credit Committee for transferring irregular and offloaded Corporate and IBD accounts to the Restructuring and Follow-up Unit. - Ensure all documents pertaining to irregular accounts are acquired from CCD/IBD respectively, and create individual case files. - Work in close coordination with Credit Administration Department (CAD) and legal department about all Legal and operational follow-ups. - Manage and perform follow-up procedures relating to the recovery of the outstanding balances with the Customer. - Develop constructive ideas to increase recovery - Coordinate with other creditors towards formulate a settlement plan for syndicated clients. - Prepare and present to management settlement/restructuring proposals for approval. - Communicate the approval & obtain suitable documentation from clients. - Ensure that the lines are made available & the facilities processed as per approvals. - Effect day to day management of the account ...
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