Assistant Vice President, Group Special Assets (Business Recovery)
Salary undisclosed
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IL
- To manage collections by following up on IL diligently.
- To discuss with customers with a view to restructure/reschedule IL accounts
- To recommend repayment proposals to the approving authorities for approval.
- To undertake post mortems and highlight credit deficiencies and recommendation on way forward to address the issues.
- To check and ensure accurate monthly submission of individual assessments under FRS 139.
- To ensure timely notification and claim submission to CGC
- To liaise with and manage solicitors in order that speedy actions are taken for the recovery of monies where direct negotiations have not been successful.
- To ensure timely and accurate updating of progress reports to ensure all actions are current.
- To strictly comply with BNM GP3 Guidelines and the Recovery Policies & Guidelines on NPL
- Skills
- Possess problem solving, decision making skills and ability to think analytically and present practical solutions/proposals.
- Good working knowledge of collections of IL and basic understanding of the Malaysian legal system.
- Possess good communication skills to negotiate with borrowers and convey proposals for approval
- Good time management to ensure proper attention to assigned accounts and work is executed/completed in a timely manner
- Team player and able to work within GSAM and other division
- Preferably possess a Diploma or Degree in related discipline
- Computer literate
- A minimum of 3 years experience in Credit and/or recovery function
- Good understanding & working knowledge of legal requirements under the Malaysian National Land Code
- In depth knowledge of recovery practices