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Corporate Workout Executive
14 hours ago
Job Overview
Nordea Bank Norge ASA is seeking a seasoned Corporate Workout Executive to lead our High Risk Workout team in driving the execution of restructuring and workout strategies for medium and large high-risk corporates.
The successful candidate will oversee the implementation of structured workout and restructuring strategies, ensuring alignment with Nordea's risk framework. This role requires a strategic thinker with deep financial expertise and strong leadership skills.
Responsibilities:
- Ensure effective execution of workout and restructuring strategies to protect value, mitigate risk, and achieve best possible outcomes for customers and Nordea.
- Lead cross-border teams of senior Workout and Restructuring Executives, ensuring each case is managed with a structured, strategic, and risk-aware approach.
- Develop and implement workout strategies, ensuring alignment with risk appetite and overall bank objectives.
- Collaborate with internal stakeholders to optimize decision-making and ensure effective internal communication.
- Oversee high-stakes negotiations, managing stakeholder relationships with companies' management, boards, external advisors, and financial institutions.
Requirements:
- Proven experience in managing and overseeing restructuring and workout strategies within a financial institution.
- Strong background in credit risk management, corporate banking, or distressed asset resolution.
- Leadership experience in managing high-performing teams.
- Master's degree or equivalent in a relevant field.
- Fluent in English; knowledge of Scandinavian languages an advantage.
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