Associate Director, Workout– Siemens Bank GmbH Singapore Branch

We know that a business only thrives if our people arethriving. That’s why we always put our people first. Our global and diverseteam would be happy to support you and challenge you to grow in many ways. Whoknows where our joint journey will take you?

Siemens Financial Services (SFS), a subsidiary of SiemensAG, provides financial expertise and industry knowledge to support Siemens’customers and markets. SFS actively participates in sustainability efforts,aiding decarbonization and customer transition goals in areas like climatechange and energy security. With around 2,600 team members, SFS promotes adiverse, teamwork-oriented culture of trust and mutual respect. You will beinvolved in providing structured debt financing for Asia-Australia through SiemensBank GmbH. As part of a strong and established team of project and structuredfinance risk managers, you will support the Bank’s continued growth with afocus on energy and infrastructure transactions. In this context you willunderwrite and manage your own projects

As an Associate Director - Workout, you will make adifference for the servicing of the Problem Obligor portfolio of Siemens BankGmbH, maintenance & governance of the related transactions of the Branchand acting as contact person for all Workout related topics.

You’ll make a difference by:

• Being responsible for implementing andmonitoring adequate measures regarding loss minimization for problem loans.Based on the risk analysis including financial and other due diligence youassess options, implement them and monitor the results
• Being responsible for approvals, internaldocumentation and determination of allowances
• Performing validation and maintenance of problemobligor loan portfolio, ensuring data quality. This includes managing arrearsand maintaining data for allowances in the Lending systems.
• Collaborating closely with various teams,including Risk Management, Rating, Legal, Accounting, Controlling, Compliance,and Regulatory Reporting, to address queries and ensure smooth operations
• Engaging with customers, bank partners, keyregulators, and internal and external auditors, fostering productiverelationships including representing Siemens Bank in customer negotiations.
• Providing advisory support and guidance to RiskManagement colleagues and other departments for Problem Obligors, transactionsin intensive care and Forbearance.
• Actively supporting the digitalization ofworkflows

You’ll win us over by:

• The basis of your success is a bachelor´s ormaster´s degree and 3 to 5 years of experience in the international andstructured credit business in a financial company (preferably for Leveraged orProject financing; other product experience helps, e.g. purchase ofreceivables)
• Having gained initial experience in Workout,Restructurings, insolvency procedures, and realization of collaterals
• You bring advanced knowledge about riskassessment as well as rating and credit analysis. Further knowledge includescontract legal documentation. Risk management processes, risk mitigationinstruments and risk systems are familiar to you due to your previousprofessional experience.
• Being familiar with coordinating internalinterfaces and negotiating with external clients, shareholders, attorneys andbank partners
• Having intercultural sensitivity and excellentEnglish skills enable you to communicate and collaborate with colleagues andpartners in an international environment
• Having a strong teamwork ethic, goodorganizational skills and a high level of attention to detail complete yourprofile
• Having strong IT user skills (in particular withExcel-based financial models)

Do you want to know more about us?

We at Siemens Financial Services providebusiness-to-business financial solutions. Our unique combination of financialexpertise, risk competence and industry know-how enable us to create tailoredinnovative financial solutions. We have our headquarters in Munich, Germany andalmost 2,600 employees worldwide. Follow this link to discover our world:www.siemens.com/finance.

At SFS, we take pride in the diversity of our people. Ourrecruitment decisions are based on the key inherent needs and requirements ofeach role, and candidates are selected based on their unique strengths andcharacteristics. We are dedicated to building a workforce that reflectsdiversity and creates an environment where every employee can reach their fullpotential.

Create a better #TomorrowWithUs! We value your uniqueidentity and perspective and are fully committed to providing equitableopportunities and building a workplace that reflects the diversity of society.Come bring your authentic self and create a better tomorrow with us.