Loan Recovery Expert

1 day ago


Singapore UPPER SPRING CONSULTING PTE. LTD. Full time
Job Title: Loan Recovery Specialist

We are seeking a highly skilled Loan Recovery Specialist to join our team at UPPER SPRING CONSULTING PTE. LTD. in Singapore. As a key member of our Corporate Banking team, you will be responsible for managing the recovery of Non-Performing Loans (NPLs) and ensuring timely reporting to Management and Head Office.

Key Responsibilities:
  • Develop and implement effective recovery strategies for NPL accounts, ensuring compliance with regulatory requirements.
  • Prepare and present recovery proposals to Management for approval, utilizing strong negotiation and communication skills.
  • Monitor and report on material risk events, ensuring timely escalation to Management and Head Office.
  • Review and prepare monthly management reports on collection and recovery, providing insights for business growth.
  • Negotiate with borrowers and external parties, such as lawyers and judicial managers, to resolve NPL issues.
  • Ensure post-loan management and NPL collection are carried out in accordance with Head Office and Branch Management requirements.
  • Develop and maintain key performance indicators (KPIs) for asset quality management, ensuring alignment with Head Office goals.
  • Review and formulate Branch systems, procedures, and requirements for material risk event management, NPL management, and collection work.
  • Provide guidance and support to junior staff, promoting team development and growth.
Requirements:
  • At least 8 years of experience in NPL management, with a strong background in finance, law, or economics.
  • Bachelor's Degree or higher in a relevant field, with managerial experience preferred.
  • Familiarity with regulatory requirements for bank bad credit collection and legal terms in restructuring, litigation, repossession, and liquidation.
  • Strong project management skills, with the ability to coordinate with all relevant parties and make sound judgments.
  • Excellent negotiation, communication, and data analysis skills, with the ability to handle contingencies in a timely and appropriate manner.
  • Fluent in English and Chinese, with the ability to liaise with Chinese-speaking counterparts.

Tell employers what skills you have

Repossession, Debt Recovery, Credit Risk Management, Commercial Litigation, Insolvency matters, Risk monitoring, Debt collection, Debt Restructuring, Collections Management, Regulatory Requirements, NPL, Liquidation


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