Chief Operations Officer

• Apr 2022 - Present

Restructuring and Recovery Division Director

• Jul 2021 - Apr 2022

Senior Associate

• Aug 2019 - Jul 2020

Member of the Financial Advisory Services department/ specialized in NPL portfolios. Sell-side advisor in the Danube project team (assignment of receivables for a NPL portfolio of over 250m EUR). Part of multiple due diligence projects. Developed specifications for a new VDR/ Bidding online platform. Intermediated relationships between clients and third parties in various M&A projects. Generated answers to Requests for Proposal. Managing VDR access and documentation (users, documents, reports, Q&A). Meeting potential clients / searching for new prospects. Designing dashboards and developing workbooks in Tableau and PowerPoint for various due diligence reports. Show less

Department Manager Foreclosure, Insolvency and Fixed Assets Management

• Jan 2018 - Jul 2019

Managing the entire legal enforcement and insolvency activity for the Bank’s non-performing loans portfolio, for both private individuals and legal entities. Responsible with coordinating, periodical evaluation, professional development plans (specific training programs both in-house and outsourced) for all department members. In charge with the annual revision and forecast for department’s budget. In charge with submitting for approval of KPI’s, targets and bonus schemes. Managed the entire process of assignment of receivables to third parties for 2 NPL portfolios, along with Deloitte and Reff and Associates consultants. Developed specifications for a new enforcement system in collaboration with an external service provider. Legal Bailiff selection and conclusion of contracts. Monitoring the Legal Bailiffs’ work on Bank’s legal enforcement portfolio. Monitoring the Liquidators and Judicial Administrators for cases of insolvency or bankruptcy. Performing strategic analysis regarding Bank’s collection approach and proposal towards relevant .committees of plans and specific actions to be implemented. Delivering activity and performance reports regarding the Department’s activity for responsible internal control departments / top Management. Initiating and monitoring outsourcing activity in respect to specific activities, in order to maximize collection results. Development and implementation of business specifications for Bank’s internal collection activity monitoring tools. Development and implementation of recovery strategies regarding Bank’s real estate collaterals in auction or amiable selling, in accordance with internal and legal provisions based on an opportunity analysis. Representing the Bank, according to internal provisions, being able to sign documents related to the managed activity on Bank’s behalf. Show less

Board Member - Recovery Division Director

• Jan 2016 - Dec 2017

Establishing the main directions of activity and development of the Company. Establishing the accounting and financial control system and approval of financial planning. Appointing and revoking the Directors and determining their remuneration or other advantages, observing the general limits set by the General Meeting of Shareholders. Supervising the activity of the Company's directors. Establishing and dismantling of new secondary offices: branches, agencies, representations or other such units without legal personality. Preparing the annual report, organizing and summoning the General Meeting of the Shareholders and implementing its decisions. Approval of the rules regarding the authorized signatures of the Company, as well as the competencies of the Directors to represent the Company in various types of operations. Establishing internal procedures, rules and norms of the Company. Representing the Company in relations with third parties (Trade Registry, Credit Bureau, ANAF (fiscal authority), ANPC (Consumers Protection authority) and other state institutions such as Police, Courts of Law etc). Empowered with the supervision of the Department of Credit Administration and Collection. In charge with the annual revision and forecast for department’s budget. In charge with submitting for approval of KPI’s, targets and bonus schemes. Show less

Legal Adviser - legal enforcement monitoring

• Jul 2012 - Dec 2015

Coordinating the entire activity of the department and its employees. Developing specific collection procedures, keeping in line with existing rules. Monitoring the forced execution procedure and taking decisions on the measures taken in the activities carried out by the Hard collection department. Adapting the recovery strategy for particular cases and obtain waivers from the internal rules and procedures when the situation requires it. Representing the institution in the relationship with debtors / their legal representatives. Negotiating with potential clients for amiable sale / execution of bank guarantees. Maintaining the relations between the bank and the bailiffs. Elaborating reports on management request. Understanding bank rules and procedures. Developing and implementing new workflows along with other departments. Show less

Head of Legal

• Sep 2007 - Jul 2012

Coordinating the activity of the legal department within the company. Developing department specific procedures. Supervising the implementation of procedures. Responsible for drafting internal rules and drafts of business contracts, contracts with executors, payment agreements as well as any other documents related to the department's activity. Elaborating the enforcement strategy. The main contact person in the relationship with lawyers, executors, courts of law, ANSPDCP, OPC, as well as other state institutions. Supervising the fulfillment of tasks delegated to employees of the department. Representing the company in the relationship with debtors. Issuing activity reports to senior management. Legal support and counselling in legislative matters. Contacting debtors (both individuals and legal entities), preparing summons. Negotiating payments and payment agreements. Solving requests or complaints from debtors. Collection of B2B receivables. Show less