
Assistant Manager, Collections Services
2 days ago
**Some careers have more impact than others.**
If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.
Wealth and Personal Banking is our new global business combining Retail Banking and Wealth Management; and Global Private Banking, to become one of the world’s largest global wealth managers with USD1.4 trillion in assets. Across Asia, where wealth pools are growing faster than in any other region, HSBC’s wealth revenues grew 12% in 2019 (year-on-year) to USD5.7 billion. Our dedicated colleagues serve millions of customers worldwide across the entire spectrum of private wealth, ranging from personal banking individuals and families, through to business owners, investors and ultra-high-net-worth individuals. We provide products and services such as bank accounts, credit cards, personal loans and mortgages, as well as asset management, insurance, wealth management and private banking, that best suit our customers’ needs.
We are currently seeking a high calibre professional to join our team as an **Assistant Manager, Collections Services.**
**Principal Responsibilities**
- Perform P&L reporting for all retail products
- Perform account maintenances and P&L accounting entries and OA dividends for all products as per FIM requirement
- Perform daily bank reconciliation for all general ledge account and monthly certification in the FIN Assurenet
- Prepare Monthly, Quarterly and Yearly GRCA Returns on Bad & Doubtful accounts for submission to Finance Department
- Regulatory reporting for MAS 606 and MAS 643 and also provides FIN with the write-off and recovery balances
- Perform Credit Bureau and Quesnnet searches, memo/updates all into collection system
- Prepare collection letters and debt restructuring letter of offer for customer
- Checker of POD (Proof of Debt), POC (Proof of Claim) statements of the account submission for law firm actions
- Billing reconciliation for the Debt Collection Agencies, Law Firms and Credit Counselling Singapore (CCS)
- Handling incoming mails from the Collections Generic Mailbox
- Perform reimbursement claims and vendor billing via Fusion
- Ensure all empowerment matrix process are in compliance
- Contribute to operational efficiency by minimizing manual work and improve workflow by automation
- Ensure that all documentation and reports are prepared and submitted timely for audit checks
Requirements
**Requirements**:
- Diploma graduate with at least 2-3 years of banking experience in operations/support area in Credit
- Proficiency in Microsoft Office Excel, Word, PowerPoint and Access would be an added advantage
- Sound knowledge of OHC, HUB and SFE systems
- Strong interpersonal skills
To be considered for this role, the relevant rights to work in Singapore is required.
**You’ll achieve more when you join HSBC.**
Issued by The Hongkong and Shanghai Banking Corporation Limited.
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