Description

JOB DESCRIPTION
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JOB RESPONSIBILITIES
- Manage a portfolio of NPL for both Commercial Banking and Global Banking.
- Formulate and execute workout and recovery strategies on distressed accounts
- Independently represent the Bank in multi-bank workouts and meetings with stakeholders, including customers, lawyers, and financial advisors.
- Maintain strong relationships with various parties involved in the process.
- Proactively lead recovery efforts and legal actions on non-performing loans (NPL).
- Oversee restructuring, enforcement, and bankruptcy processes in Singapore and foreign jurisdictions as needed.
- Conduct post-mortem reviews to identify credit and operational risks.
- Share insights and lessons learned with internal teams through briefings.
- Assist in the prompt identification of early warning signs for corporate accounts and provide advice on risk mitigation for higher-risk accounts.
- Support relevant management, audit, regulatory inquiries, and reporting.
- Assist the Remedial team on relevant or ad-hoc projects.

JOB SKILLS
credit-recovery

JOB REQUIREMENTS
- Degree in Banking, Finance, Accountancy, Business, or a related field.
- 5 to 10 years of banking experience in credit and corporate account management, including at least 5 years in managing corporate non-performing loans (NPL), restructuring, and recovery.
- Experience with cases in foreign jurisdictions is advantageous.
- Proven ability to manage diverse stakeholders, including corporate customers, lenders, financial advisors, lawyers, liquidators, and judicial managers.
- Strong knowledge of insolvency laws and practices, along with a solid understanding of banking products and services.
- Excellent analytical skills with a keen attention to detail.
- Strong negotiation and influencing skills.
- Good interpersonal and communication skills; a team player who can work well with the Remedial team, Business Units, and other stakeholders.
- Hardworking with a persistent and can-do attitude; takes proactive action and has an agile/flexible mindset to explore alternatives to resolve problems.
- Results-driven and able to work independently with minimal supervision.