Job Description

Job Description: 

Summary
 Responsible for managing recovery activities relating to Corporate, SME and Commercial Banking portfolio
managed by Corporate Recovery. The main objective is to maximize recovery for the Bank.

Duties and Responsibilities

 Manage budgets and timeliness of recovery activities and in line with the Bank’s strategy. Manage collection
activities effectively and efficiently.
 Plan, manage, monitor and take necessary actions to protect the Bank’s assets. Identify, develop, implement and
monitor recovery strategies in order to protect and recover the Bank’s assets.
 Implement proper restructuring / rescheduling / scheme of arrangement process is taken accordingly for the
benefit of the Bank.
 Analyze customer’s financial position to determine the appropriateness of the recommended collection activity.
Identify workout arrangements for the customers without jeopardizing the Bank’s position.
 Prepare working papers and provide input / comment on the working papers.
 Ensure proper legal action process is taken according to the Bank’s guidelines.
 Initiate, supervise, monitor and facilitate legal action process taken by way of foreclosure and civil suit
proceedings.
 Liaise and follow-up with external parties such as solicitors, valuers, auctioneers, financial advisors, accounting firms,
local authorities and courts.
 Ensure that daily operation is properly managed to achieve the desired outputs.
 Execute daily/weekly/monthly recovery activities as planned and prepare periodical reports and any special
assignments in a timely manner.
 Provide/update status and reports of the accounts to the Management / Board.
 Perform special assignments or do multi-tasking as directed by immediate supervisor, Head of Unit/Department/
Division.
 Manage, monitor and records application of Securities and files from Iron Mountain.
 Monitor performance of subordinates (if any). Plan optimal utilization of resources. Support team members and
subordinates (if any).
 Present papers (if any) to the management committee (FCA, FCB, MANCO etc.).
 Attend training or course as approved by the Bank.
 Ensure adherence and compliance to all internal policies/guidelines and external regulatory requirements.
 Any other duties/assignment as and when directed/assigned by the superior as per business requirement from time
to time.

Qualification Minimum Diploma / Degree or equivalent.
Years of Experience Minimum 3 years experience in banking industry.

Specific Skills/Knowledge and Certification Required
 Strong recovery skills, good communication and negotiation skills.
 Assertive and innovative team player, highly independent, committed, selfmotivated,
resourceful and result oriented.
 Experience in Corporate Rescue Mechanism, i.e. Corporate Voluntary
Arrangement, Judicial Management, Scheme of Arrangement, Receivership and
Liquidation
 Able to do multi-tasking assignments.

Job Requirements