Are you a seasoned professional in the field of asset management, ready to take on a leadership role? alBaraka Bank is looking for a dedicated and experienced Unit Head for our Special Assets Management (SAM) department. If you have a strong background in managing distressed assets and possess exceptional leadership skills, we invite you to apply for this important position within our organization.

Role Overview

As the Unit Head SAM, you will oversee the management of special assets within the bank, focusing on distressed or non-performing assets. Your responsibilities will include:

• Portfolio Management: Supervising the overall management of special assets, including loan restructuring, recovery, and resolution.
• Risk Assessment: Conducting detailed assessments of distressed assets to determine recovery strategies and minimize potential losses.
• Team Leadership: Leading a team of professionals responsible for asset recovery and working collaboratively with internal stakeholders.
• Compliance and Regulations: Ensuring compliance with internal policies, regulatory guidelines, and legal requirements related to special asset management.
• Reporting and Analysis: Providing regular reports and analysis to senior management on the status of special assets, recovery efforts, and risk exposures.

Requirements

To be successful in this role, you should possess:

• Experience: Minimum 7-10 years of experience in special assets management or a related field within the banking industry.
• Education: Bachelor’s degree in finance, business administration, or a relevant field. Advanced degree or professional certification (e.g., CFA, FRM) is a plus.
• Leadership Skills: Strong leadership abilities with proven experience in managing and motivating teams.
• Analytical Skills: Excellent analytical and problem-solving skills to assess complex asset situations and develop effective recovery strategies.
• Communication Skills: Effective communication skills to interact with stakeholders, negotiate agreements, and present recommendations to senior management.
• Integrity and Compliance: Strong commitment to ethical practices, compliance, and risk management principles.

Location and Application

This position is based at alBaraka Bank’s headquarters in [Location]. If you are ready to take on a challenging and rewarding role as Unit Head SAM and contribute to the success of alBaraka Bank, please submit your updated resume to . Please mention “Unit Head SAM” in the subject line of your email.

Join alBaraka Bank and become part of a dynamic team committed to excellence in asset management and financial services. Take the next step in your career and make a significant impact in the banking industry. We look forward to receiving your application and exploring the opportunity to work together.

At alBaraka Bank, we value innovation, integrity, and collaboration in managing special assets effectively. Apply now and be part of our journey towards success!