JOB DESCRIPTION: 
HSBC Bank Armenia is looking for a Loan Management Unit Manager. The context of this role is to proactively identify and manage financial and non-financial risk of Wholesale High Risk and Problem Exposures, including win-win scenarios that would stabilize the businesses and maximize the recoveries to the Bank.
RESPONSIBILITIES: 
- Closely monitor the assigned portfolio and submit credit applications with robust but realistic action plans along with timely and accurate recognition of impairment allowance according to IFRS9 for credit impaired customers;
- Where appropriate liaise with external parties i.e. bankruptcy manager, external legal team, valuator, insurance companies, etc., in the scope of holistic customer management;
- Support in evaluation and risk assessment of relationships for identifying all the available options and agreeing appropriate strategies to support effective outcomes;
- Ensure that Facility Files are properly organized and contain all required information according to respective policies in logical and time order, as well as are audit compliant;
- Be fully compliant with local laws, regulations, regulatory guidance and local operating procedures.
REQUIRED QUALIFICATIONS: 
- University degree in Business Administration, Economics, Finance, Accounting or equivalent;
- At least 3 years of related work experience in banking, finance, accounting, and/ or business environment;
- High level of professional competence which helps to determine risk based solutions, demonstrated ability to assess risk trends, both internally and externally, good understanding of portfolio techniques, including analytics;
- Strong leadership, analytical, planning, negotiation, organizational, problem-solving and project management skills;
- Excellent knowledge of Armenian, English and Russian languages;
- Strong knowledge of MS Office and ability to quickly adapt to new software applications;
- Ability to work in tight timescales;
- Commercial orientation and good customer handling skills;
- Ability to timely understand the actual reasons of deteriorations in the businesses, to come up with respective solutions that are best tailored to both Bank's and the customers' needs;
- Ability to demonstrate judgmental thinking and effective decision-making in complex situation;
- Ability to conduct negotiations and expand the relationship with the internal and external stakeholders.
APPLICATION PROCEDURES: 
All interested and qualified candidates are encouraged to send their CV and a cover letter (both in English language) to: *******.*******@****.*** . Please, put the position title ("Loan Management Unit Manager") in the subject line of the email. Only shortlisted candidates will be invited for interviews.
Please clearly mention in your application letter that you learned of this announcement through Career Center and mention the URL of its website - www.careercenter.am. Thanks.
REMUNERATION/ SALARY: 
Competitive
OPEN TO/ ELIGIBILITY CRITERIA: 
All qualified candidates