Rakan Alhumedy, VP- Syndication Officer

Rakan Alhumedy

VP- Syndication Officer

The Saudi National Bank - SNB

Location
Saudi Arabia - Riyadh
Education
Bachelor's degree, Accounting and Commercial Law
Experience
8 years, 4 Months

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Work Experience

Total years of experience :8 years, 4 Months

VP- Syndication Officer at The Saudi National Bank - SNB
  • Saudi Arabia - Riyadh
  • My current job since January 2023

- Leading new Syndicate deals including OTD.
- Participating in Secondary market deals.

Associate Vice President - Corporate Banker / Credit Officer - Restructuring at The Saudi National Bank - SNB
  • Saudi Arabia - Riyadh
  • April 2021 to December 2022
Assistant Vice President / Corporate Banker- Restructuring at National Commercial Bank - Alahli Ncb
  • Saudi Arabia - Riyadh
  • April 2020 to April 2021

The Restructuring Department deals with troubled accounts that require a focused relationship managment team to handle and maintain. Our main goal is to restructure client facilities to minimize losses and ultimately return the client to business status.

Roles of the Restructuring department include:

- Restructure Accounts and maintain a “performing” Account status.
- Help improve client account performance while maintaining the banks interest.
- Perform Syndicate Restructurings on large scale clients with other banks and Financial institutions.
- Improve the banks position by increasing collaterals against granted facilities.

Corporate Banker/ Corporate Banking Division at National Commercial Bank - Alahli Ncb
  • Saudi Arabia - Riyadh
  • April 2018 to April 2020

The Corporate Banking Division offers its a services to a wide range of clients (with revenues between SAR 200MM - SAR 1.2Bn). As a result this brings about a wide variety of challenges which requires us to meet each clients needs on different levels of sophistication

Role includes


Managing relationships with a leading portfolio of medium to large corporate clients in the origination and execution of corporate banking transaction

Monitor client performance and perform KYC, client onboarding & pipeline maintenance

Maintain close coordination with all relevant product partners to ensure close alignment, prioritization and opportunity identification across the target client portfolio

Monitor client performance (financials, management, relevant news) and escalate any potential credit, operational, legal, compliance or environmental consideration to the team

Resolved a variety of complex client issues and reconstruction of accounts to maintain customer relationships efficiency.

Assistant Corporate Banker (Institutional Banking) at National Commercial Bank - Alahli Ncb
  • Saudi Arabia - Khobar
  • December 2016 to April 2018

The Institutional Banking Division consists of large corporates exceeding SR 600MM revenues.

Al Rowad Alahli Trainee at National Commercial Bank - Alahli Ncb
  • Saudi Arabia - Riyadh
  • April 2016 to December 2016
Senior Accounting Officer - Investor Relations at Almarai
  • Saudi Arabia - Riyadh
  • January 2016 to April 2016

* Preparing monthly, quarterly, and annual financial analysis.
* Preparing quarterly and annual reports for the public.
* Publishing the company's announcements to the CMA and Tadawul websites.
* Assuring that all information published complies with the Corporate Governance rules and the CMA Laws.
* To provide information and to answer all interested parties' question with the compliance of Corporate Governance rules.
* Organizing shareholder meetings
* Assuring that shareholders and executives comply with the CMA and Corporate Governance rules.
* Updating and developing the investor relations page on the company's website for the convenience of the public.

Education

Bachelor's degree, Accounting and Commercial Law
  • at Victoria University of Wellington
  • December 2014

Bachelor of commerce(BCom) degree with double major in Accounting and Commercial Law, minoring in Taxation.

Specialties & Skills

Accounting
Finance
Time Management
Teamwork
Financial Analysis
Credit and Risk Managment
Communication
Portifolio Managment

Languages

English
Expert
Arabic
Expert

Training and Certifications

Certificate Of Proficiency In English (Certificate)
Date Attended:
October 2010
Valid Until:
January 9999