Recovery Manager

1 week ago

Singapore Maybank Full time

**JOB DETAILS**

**Job Type**
- Permanent

**Position Level**
- Senior Manager

**Qualification**
- Degree

**Discipline**
- Finance

**Specialization**
- Finance

**Sector**
- Group Finance

**Experience**
- 10 - 20 years

**Salary**
- Undisclosed

**JOB DESCRIPTION**
- To manage a portfolio of distressed assets /non-performing loans (NPL) for both Commercial Banking and Global Banking

**JOB RESPONSIBILITIES**
- Responsibilities : - Formulate, seek approval and execute the workout and recovery strategies on distressed accounts to extract maximum value and minimize impairments/losses to the Bank - Represent the Bank independently in multi-banks workouts and external meetings with customers, lawyers, financial advisors, liquidators, receivers, private trustees, judicial managers, investors and other creditors; and maintain effective working relationships with them - Proactively lead the recovery effort and legal actions on NPL, including restructuring and rescheduling, enforcement, writ-of-summons, judicial management, bankruptcy/liquidation, pre-packs/scheme of arrangement within Singapore and foreign jurisdictions where necessary - Perform Post-Mortem review to identify any credit/operational risks and conduct briefing to share “lessons learnt” with internal stakeholders - Assist in the prompt identification of early warning signs for corporate accounts and provide advice on risk mitigation of higher risk accounts - Support in relevant management/audit/ regulatory enquiry and reporting - Represent Remedial team on relevant/ad-hoc projects

**JOB SKILLS**

**1)**Communication**2)**Detail-Management**3)**Teamwork**4)**Collaboration**5)**Negotiations**JOB REQUIREMENTS**
- Degree in Banking/Finance, Accountancy, Business, or equivalent - Minimum 10 years banking experience in credit/corporate account management, of which at least 5 years should be in direct experience of managing corporate NPL restructuring and recovery. Case experience in foreign jurisdictions will be a plus. - Proven good track record in managing diversified stakeholders e.g. corporate customers, other lenders, financial advisors, lawyers, liquidators, judicial managers. - Good knowledge of insolvency laws and practices; with a deep working knowledge of banking products and practices - Excellent analytical skills and detail-conscious - Strong negotiation and influencing skills - Good interpersonal and communications skills and is a good team player to work well with the Remedial team, Business Units and other stakeholders - Hard working with a persistent and can-do attitude; taking proactive actions and has an agile/flexible mind set to explore alternatives to resolve problems - Results driven and able to work independently with mínimal supervision

  • Tow Recovery Specialist Logistics Manager

    2 weeks ago

    Singapore VICTORY RECOVERY Full time

    Job Description: This position reports to the director directly. Involving operating and recoveing vehicles safely and effeciently, adhering to traffic and workplace safety regulations. The trainee will gain technical skills in GPS and job logging systems, damage assessments, vehicle troubleshooting, towing, and recovery operations using various tools and...

  • Vehicle Recovery Fleet Operations Manager

    3 days ago

    Singapore Island Recovery Services Full time $90,000 - $120,000 per year

    Job Purpose : Overseeing the vehicle recovery operations to ensure departmental KPIs are being met.The Operations Manager shall also represent the Company to handle public feedback and to liaise with various governmental authorities for all expressway vehicle recovery operations and activities including crisis, emergency exercises and other major national...

  • Manager, Disaster Recovery

    2 weeks ago

    Singapore Toast Full time

    As the Disaster Recovery Manager at Toast, Inc., you will play a crucial role in developing, implementing, and maintaining the organization's disaster recovery plan to ensure the rapid recovery of critical IT systems and infrastructure in the event of a disaster or major outage. Your responsibilities will include implementing and updating disaster...

  • Recovery Zone Manager

    14 hours ago

    Singapore MORROW Full time

    Morrow is redefining preventive healthcare by integrating precision medicine, digital tools, and lifestyle interventions in a seamless ecosystem. Our flagship centre in Singapore combines a medical clinic with a next-generation lifestyle facility, supported by AI, health coaching, and the latest in diagnostics and recovery modalities. We are guided by two...

  • Recovery Zone Manager

    3 days ago

    Singapore MORROW Full time

    Morrow is redefining preventive healthcare by integrating precision medicine, digital tools, and lifestyle interventions in a seamless ecosystem. Our flagship centre in Singapore combines a medical clinic with a next-generation lifestyle facility, supported by AI, health coaching, and the latest in diagnostics and recovery modalities. We are guided by two...

  • Senior Manager, Loan Recovery

    1 week ago

    Singapore RHB Banking Group Full time $120,000 - $180,000 per year

    About the RoleWe are seeking a highly motivated Senior Manager, Loan Recovery to join our Asset Quality team at RHB Banking Group. In this role, you will be responsible for effectively managing the prompt recovery of assigned non-performing loan (NPL) portfolios, which include Corporate, Commercial, and Consumer borrowers. You will play a crucial role in...

  • Recovery Nurse

    1 week ago

    Singapore NOVAPTUS SURGERY CENTRE PTE. LTD. Full time $90,000 - $120,000 per year

    Looking for a meaningful nursing role in a modern, private healthcare setting with stable hours and supportive teams?We're seeking experienced and compassionate Recovery Nurses to provide high-quality post-anaesthesia care and ensure smooth patient recovery journeys.Key ResponsibilitiesPost-Anaesthesia & Recovery CareReceive post-procedure patients from OT...

  • Recovery Driver

    7 days ago

    Central Singapore GC Valet PTE. LTD. Full time

    **Recovery Driver (Night Shift)** We are seeking reliable and responsible Recovery Drivers to transport valet drivers to various pick-up locations and destinations. This role requires a high level of professionalism and excellent time management skills. As a Recovery Driver, you will play a crucial role in ensuring that valet drivers reach their locations...

  • Credit Insurance Claim Manager

    1 week ago

    Singapore RECOVERY ADVISERS PTE. LTD. Full time

    Recovery Advisers is an international professional services organisation focused on the recovery of international trade receivables, commercial dispute resolution, and credit insurance claims and recoveries management. We are looking for an individual with a background in law and credit insurance to join our team in Singapore. **Profile and...

  • Senior Executive/manager, Loan Recovery

    2 weeks ago

    Singapore RHB Singapore Full time

    Company Description RHB Singapore is a progressive and growing financial organization. We are committed to creating a fulfilling, dynamic and engaging work environment for our team of more than 15,000 employees across nine locations in ASEAN, China and Hong Kong. **Job Description**: **Primary Objective** - To manage a portfolio of Retail and non-Retail...