Loan Recovery Manager
1 week ago
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 locations in ASEAN.
Job Description**
Primary Objective**
- To manage a portfolio of Retail and non-Retail non-performing loans (“NPL”) and formulating strategies for recovery action.
- To provide effective management information support for diligent monitoring of NPL accounts and in ensuring prompt follow up actions.
- To assist in periodic internal and regulatory reporting of NPLs in a timely manner.
- To assist in the administrative functions of Loan Recovery as assigned.
**Key Responsibilities**
To develop skillsets in recovery under the retail and non-retail NPL portfolio so as to achieve targeted recovery action to meet KPIs assigned.
- 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 borrowers who responded to the Bank’s legal demands for formulation of a restructured and rescheduling (R&R) plan to management and proper follow through in documentation/administration functions for implementation and monitoring that plans are diligently complied.
- To promptly and diligently file Proofs of Debt (“POD”) for borrowers bankrupted or under Debt Repayment Scheme.
- To assist in drafting report for write-off / write-down of borrowers’ accounts upon exhaustion of legal actions.
- To assist in proper filing and administration tasks within the Loan Recovery.
- To assist on all recovery and ad-hoc tasks as assigned by the Head of Loan Recovery.
Qualifications**
Requirements**
- Degree Holder
- Minimum of 3-5 years' experience in loan recovery at a financial institution
- Strong communication skills
- Conversant with report preparation and excellent analytical and writing skills in formulating and recommending restructuring proposals.
- Strong IT skills including Advanced Excel, Word and PowerPoint)
Additional Information
RHB is a dynamic organization that promotes a work culture of high performance, where its biggest asset, the RHB-ians, are continuously developed & nurtured to their fullest potential through its robust talent management practices.
At RHB, we take PRIDE in our people and our teams. Great relationships built on trust, a ‘leading it right’environment, challenging assignments and a culture of excellence are the pillars to the dynamic and diversified workplace we call home.
-
Loan Recovery Manager
2 days ago
Singapore RHB Singapore Full timeCompany 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 locations in ASEAN. **Job Description**: **Primary Objective** - To manage a portfolio of Retail and non-Retail non-performing loans...
-
Senior Manager, Loan Recovery
2 weeks ago
Singapore RHB Singapore Full timeCompany 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 locations in ASEAN. **Job Description**: **Primary Objective** - To be responsible for all matters relating to Management Information System...
-
Executive, Loan Recovery
5 days ago
Singapore RHB Banking Group Full time $120,000 - $180,000 per yearAbout the RoleWe are seeking a dedicated and detail-oriented Executive, Loan Recovery to join our team at RHB Banking Group. In this role, you will be responsible for managing a portfolio of impaired accounts, driving recovery efforts through legal actions or restructuring and rescheduling (R&R), and supporting the team with accurate management reporting....
-
Senior Executive/manager, Loan Recovery
10 hours ago
Singapore RHB Singapore Full timeCompany 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...
-
Senior Manager/ Manager, Loan Recovery
2 weeks ago
Singapore RHB Singapore Full timeCompany 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...
-
Executive, Loan Recovery
1 week ago
Singapore RHB Singapore Full time**Company Description** RHB Bank was established in Singapore in 1961 as UMBC Bank, prior to the country’s independence in 1965. We assumed our present name - RHB Bank Berhad Singapore (RHBS) in 1999, after a series of expansions and strategic mergers. As a bank that has been here since the beginning, we have garnered invaluable experiences and insights...
-
Senior Loan Recovery Specialist Opportunities
2 weeks ago
Singapore beBeeNegotiation Full time $80,000 - $120,000We are seeking a Senior Loan Recovery Specialist to join our team. This is a challenging role that requires a high degree of expertise and experience in debt recovery.The Senior Loan Recovery Specialist will be responsible for managing and controlling the collection process of assigned portfolios of delinquent accounts, including liaison with legal counsel,...
-
Loan Portfolio Recovery Manager
1 week ago
Singapore beBeeCollection Full time $80,000 - $120,000Job DescriptionWe are seeking a highly motivated Loan Collection and Recovery Specialist to join our collections team.The successful candidate will be responsible for engaging with customers to negotiate payments and resolving any issues that may arise during the collection process.Developing and implementing effective collection strategiesNegotiating...
-
Loan Portfolio Manager
2 weeks ago
Singapore beBeeLoan Full time $90,000 - $120,000Job Description">We are seeking a motivated and experienced Loan Collection & Recovery Officer to join our collections team. The role involves engaging with customers to negotiate payments, resolve disputes, and recover outstanding loans. This is an excellent opportunity for individuals who possess strong communication skills, a passion for customer service,...
-
Vehicle Recovery Fleet Operations Manager
1 week ago
Singapore Island Recovery Services Full time $104,000 - $130,878 per yearJob 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...
