Head of Financial Restructuring, Australia
2 months ago
Rabobank is the world’s leading specialist in food and agribusiness banking. One of our key strengths lies in our people who have a deep understanding of agriculture and are committed to adding long-term value for clients. Our commitment to our employees and clients is at the heart of everything we do.
At Rabobank our culture is unique, because every day our people work knowing that we are all playing our part in supporting our farmers to feed the world. Our culture is focused on growing each other. We strive to create an open, balanced and flexible workplace where people feel that they belong, can be open and honest and are supported.
Rabobank Australia has recently been awarded 18th place in LinkedIn’s Top Companies 2023: The 25 best workplaces to grow your career in Australia. We are in extremely proud of this achievement, as it reflects the investment in our people, their growth and development.
**About the role**:
Within Rabobank Australia’s Risk Management function, Financial Restructuring is responsible for developing and implementing recovery strategies for clients in financial difficulties or default. A recovery strategy is a plan aimed at either retaining the client, potentially through debt restructuring, or at exiting the client relationship through refinance with another bank, sale of assets or receivership. Financial Restructuring is also responsible for ensuring that all non-performing loans have appropriate provision assessments.
The Financial Restructuring teamwork in partnership with Country Banking, Wholesale Banking and Credit Risk offering support and strategic advice where appropriate.
**Key Responsibilities and Accountabilities**:
The Financial Restructuring team is responsible for the management of Australian Country Banking and Wholesale Banking clients classified as in “financial difficulties” or “default”.
The **Head of Financial Restructuring, Australia** is a specialist role, responsible for the day-to-day management of the Financial Restructuring team. This includes;
- Direct Management of large and/or complex clients in financial difficulty or default as required from time to time including sensitive litigation and complaints
- Compliance with key prudential obligations including APRA Prudential Standard APS220 Credit Risk Management, Farm Debt mediation (various State Acts) and Corporations Act 2001
- Implement the execution agenda set by Financial Restructuring & Recovery Wholesale & Rural (FR&R W&R) under guidance of the Group Executive, Chief Risk Officer
**To be successful in this role, you will have**:
- Significant prior related experience including leading a team
- A preference for strong technical experience in insolvency and legal including forbearance, mediation, administration, receivership, insolvency & bankruptcy.
- Recovery experience including workout of large & complex client transactions preferred
- A thorough understanding of Credit Risk Management and Financial Restructuring within the financial services industry and related regulatory standards (ECB, APRA, Farm Debt Mediation Legislation).
- Understanding of legal aspects of litigation process and complaints management.
- Understanding of banking and finance operations.
- Knowledge of causes, influences and drivers of credit risk.
- Superior organisations skills to manage relationships with various stakeholders at differing levels
**Our Values, Vision and Mission**
Rabobank Australia fully embraces inclusion and belonging and delivers positive experiences for our people and clients. Our great working conditions, broad learning and development programmes and the opportunity to work together for the greater good are reasons why our employees love working here. We are committed to our values; we are client focussed, action oriented, purposeful and courageous in our work. We are professional and considerate and bring out the best in each other and are committed to keep learning. We have an open culture, where you can be yourself and be valued for who you are.
**What we're proud to offer you**:
**Wellbeing leave**. These 2 extra leave days support greater work/life balance and is just another way we are helping our employees to lead happier, healthier, and more fulfilling lives.
**Education Assistance Program**. Rabobank values the development of its people and has a great Education Assistance Program to assist with professional development.
**Parental Leave** that supports you and your family while giving you the freedom and flexibility to enjoy this special time (Primary carer up-to 14 weeks paid leave)
**Bonus and Additional Leave**. We realise sometimes 4 weeks Annual Leave isn't enough At Rabobank we provide an incentive for eligible employees to receive 1 extra week Annual Leave and an option to purchase another 2 weeks Annual Leave.
**Extra Insurance**. Rabobank recognises that employees need to protect their financial wellbeing, in the event of serious illness, injury, or e
-
Restructuring & Insolvency Associate
2 months ago
Sydney, Australia Taylor Root Global Legal Recruitment Full timeRestructuring & Insolvency Associate **Location** Sydney, New South Wales**Contract Type** Permanent**Posted** Posted 2 hours ago**Industry** Law firm**Expiry Date** 2023-09-26**The Role** Our client, a top tier global law firm, is seeking an Associate to join their leading restructuring & insolvency practice in Sydney. The practice head is extremely...
-
Sydney, Australia RSM Australia Full timeSydney Restructuring and Recovery Vacation Student **Sydney Restructuring and Recovery Vacation Student** **Job no**: 494263 **Work type**: Casual **Location**: Sydney **Categories**: Restructuring & Recovery **Our Vacation Program** As a Vacation Student in the Restructuring & Recovery team, you will get a head start on your career by obtaining...
-
Sydney, Australia RSM Australia Full timeSydney Restructuring and Recovery Vacation Student **Sydney Restructuring and Recovery Vacation Student** **Job no**: 494263 **Work type**: Casual **Location**: Sydney **Categories**: Restructuring & Recovery **Our Vacation Program** As a Vacation Student in the Restructuring & Recovery team, you will get a head start on your career by obtaining...
-
Restructuring Manager
1 week ago
Sydney, Australia Lead Group Consultancy Full timeLooking to advance your career working in corporate restructuring? - Flexible working options for a more balanced approach to life - With 5-7 years experience in Restructuring and Chartered accountancy **Restructuring Manager** One of our clients is looking for a Restructuring Manager based in Sydney. In addition to being an integral part of their team,...
-
Manager, Restructuring
3 weeks ago
Sydney, Australia McGrathNicol Full timeMcGrathNicol is a specialist Advisory and Restructuring firm, helping businesses improve performance, manage risk, and achieve stability and growth. We are currently seeking an experienced Manager to join our Restructuring team in our Sydney office. As part of our Restructuring team, you will assist our clients to restore stability and maximise value...
-
Sydney, Australia Hamilton Locke Full time**Job no**: XQG99 - ** Category**: Legal Professional, Hamilton Locke **The role** Are you tired of the bureaucracy and politics of big firms, but still want to work on quality, market-leading transactions? We’re looking for a senior lawyer to join our rapidly expanding Restructuring & Insolvency Practice. We’re a diverse group, and are looking for...
-
Lawyer / Associate - Restructuring & Insolvency
1 month ago
Sydney, Australia Hamilton Locke Full time**Job no**: XQG99 - ** Category**: Legal Professional, Hamilton Locke **The role** Are you tired of the bureaucracy and politics of big firms, but still want to work on quality, market-leading transactions? We’re looking for a senior lawyer to join our rapidly expanding Restructuring & Insolvency Practice. We’re a diverse group, and are looking for...
-
Sydney, Australia RSM AUSTRALIA Full timeOur Vacation Program As a Vacation Student in the Restructuring & Recovery team, you will get a head start on your career by obtaining valuable practical experience during your university break. Learning from the best and brightest minds in the business world, RSM will help launch your career by offering: An opportunity to select a division that aligns...
-
Sydney, Australia RSM AUSTRALIA Full timeOur Vacation Program As a Vacation Student in the Restructuring & Recovery team, you will get a head start on your career by obtaining valuable practical experience during your university break. Learning from the best and brightest minds in the business world, RSM will help launch your career by offering: An opportunity to select a division that aligns...
-
Restructuring Accountant
5 days ago
Sydney, Australia Lead Group Full timeAn excellent opportunity for an accounting professional who has experience in Restructuring and Insolvency has become available. One of Sydney's largest and most respectable Insolvency and Restructuring firms has been experiencing a huge amount of growth and has opened an opportunity for a Restructuring Accountant to join the team.They are able to offer...
-
Restructuring Accountant
2 months ago
Sydney, Australia Lead Group Full timeAn excellent opportunity for an accounting professional who has experience in Restructuring and Insolvency has become available. One of Sydney's largest and most respectable Insolvency and Restructuring firms has been experiencing a huge amount of growth and has opened an opportunity for a Restructuring Accountant to join the team.They are able to offer...
-
Sydney, Australia Levitate Recruitment Full time**Job ID: LEV23838**: **Insolvency & Restructuring Jobs in Sydney, Australia**: - **Sydney** **Excellent package to reflect experience - Includes Bonus and relocation allowance**: **JOB DESCRIPTION**: As a result of increased workload and internal movements, there are several opportunities for Insolvency & Restructuring professionals to join a specialist...
-
Senior Analyst
4 weeks ago
Sydney, Australia BDO Australia Full timeAbout the team: Our Business Restructuring team encompasses all facets of corporate and personal insolvency, business restructuring and turnaround management. We are experts across a vast array of industries and appointments. We provide clear, practical advice to businesses and financial institutions in a timely manner confirming our reputation of delivering...
-
Insolvency and Restructuring Manager
5 days ago
Sydney, Australia Lead Group Full timeInsolvency and Restructuring Manager One of our clients is looking for an Insolvency and Restructuring Manager based in Sydney. In addition to being an integral part of their team, you’ll have the opportunity to have a significant impact on the business.In this position, you will manage, execute and complete client engagements with responsibility for...
-
Insolvency and Restructuring Manager
2 months ago
Sydney, Australia Lead Group Full timeInsolvency and Restructuring Manager One of our clients is looking for an Insolvency and Restructuring Manager based in Sydney. In addition to being an integral part of their team, you’ll have the opportunity to have a significant impact on the business.In this position, you will manage, execute and complete client engagements with responsibility for...
-
Manager - Turnaround & Restructuring
2 weeks ago
Sydney, Australia Deloitte Full timeJob Requisition ID: 30472 Experience flexibility like nowhere else with our award winning DeloitteFlex policy Diversity isn't just a buzz word, we live it (WGEA and AWEI Employer of Choice) Exclusive perks, rewards, and benefits What will your typical day look like? Work with a team of creative and passionate people to bring calm clarity...
-
Manager - Turnaround & Restructuring
1 week ago
Sydney, Australia Deloitte Full timeJob Requisition ID: 30472 Experience flexibility like nowhere else with our award winning DeloitteFlex policy Diversity isn't just a buzz word, we live it (WGEA and AWEI Employer of Choice) Exclusive perks, rewards, and benefits What will your typical day look like? Work with a team of creative and passionate people to bring calm clarity...
-
Director, Restructuring
2 months ago
Sydney, Australia McGrathNicol Full timeMcGrathNicol is a specialist Advisory and Restructuring firm, helping businesses improve performance, manage risk, and achieve stability and growth. We are seeking a Director to join our Restructuring team, based in our Sydney office, who wants to grow and develop their career in a collaborative and supportive environment. You would be responsible for...
-
Associate Director
11 hours ago
Sydney, Australia KPMG Australia Full time**Job Description**: KPMG’s **Turnaround and Restructuring** team support underperforming businesses to stabilise and implement change. We are one of the most highly regarded and trusted teams in the industry, taking a national approach to support clients across a wide range of sectors and industries. We work at speed to deliver options and a runway to...
-
Manager - Turnaround & Restructuring
2 weeks ago
Sydney, Australia Deloitte Full timeJob Requisition ID: 30472 Experience flexibility like nowhere else with our award winning DeloitteFlex policy Diversity isn't just a buzz word, we live it (WGEA and AWEI Employer of Choice) Exclusive perks, rewards, and benefits What will your typical day look like? Work with a team of creative and passionate people to bring calm clarity to...
