Executive - Loan Recovery
4 days ago
Key Responsibilities:
To develop skillsets in recovery under the retail and non-retail NPL portfolio so as to achieve targeted recovery action.
Tasks
- To manage the legal recovery actions by the Bank including but not limited to appointment of external legal counsels in the Bank’s panel, liaising with the legal firms, collating and maintaining the borrowers’ information from various credit files, checking the accuracy of borrower’s information/data produced by the legal firms and following up on subsequent legal actions until all legal avenues have been fully exhausted.
- To tackfully engage with customers who responded to our legal actions for loan recovery/collections.
- To coordinate with / assist fellow colleagues to engage/liaise with borrowers who responded to the Bank’s legal demands for formulation of a restructuring and rescheduling (R&R) plan under a credit application to management for approval. Thereafter, proper follow through in documentation/administration functions for implementation and monitoring that approved plans are diligently complied.
- To promptly and diligently file Proofs of Debt (“POD”) for borrowers bankrupted or under Debt Repayment Scheme.
- To assist in any reporting matters or adhoc tasks/projects as assigned by the Head of Loan Recovery.
- To assist in proper filing and administration tasks within the Loan Recovery.
Qualifications
- Bachelor's Degree in Accountancy, Business Administration/Business or Banking and Finance. Fresh graduates from the local Singapore Universities are welcome to apply.
- Resourceful and a good team player
- Good time management skills and ability to multi-task
- Good communication and inter-personal skills
Tell employers what skills you have
Ability to Multitask
Microsoft Excel
Due Diligence
Interpersonal Skills
Formulation
Administration
Banking
Team Player
Restructuring
NPL
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