Loan Recovery Executive
3 days 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 pre-determined portfolio of impaired consumer accounts for speedy recovery via legal actions, and to improve the Bank’s Gross Impaired Loans ratio via write off after exhaustion of all legal avenues.
Key Responsibilities:
To manage a pre-determined portfolio of impaired consumer accounts for speedy recovery via legal actions, in addition to provide effective management information support to the team, so as to achieve smooth operations in the department and also to achieve targeted recovery action to meet KPIs.
**Tasks**
- To manage the appointment of external legal counsels in the Bank’s panel for legal recovery including liaising with the legal firms, collating the borrowers’ information from various credit files, checking the accuracy of borrower’s information/data produced by the legal firms and follow-up on subsequent legal actions in conjunction with the appointed legal firms until all legal avenues have been fully exhausted.
- To tactfully engage with customers who responded to our legal actions for loan recovery/collection.
- To coordinate with / assist fellow colleagues to engage borrowers that 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/admin function 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 within the Loan Recovery.
- To assist on other recovery work as assigned by the Head of Loan Recovery.
**Qualifications**:
Formal Education:
- Diploma / Degree Holder
Preferred level of Experience (by years/function/industry):
- Entry level position - no experience required as on-the-job training will be provided.
Other skills required:
- Some understanding of legal recovery framework would be an advantage.
- Skills in handling retail banking customers.
- 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.
-
Manager, Loan Recovery
4 days 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...
-
Loan Recovery Manager
6 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 Executive, Loan Recovery
4 days 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...
-
Executive, Loan Recovery
2 weeks 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 Executive/manager, Loan Recovery
5 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 nine locations in ASEAN, China and Hong Kong. **Job Description**: **Primary Objective** - To manage a portfolio of Retail and non-Retail...
-
Loan Recovery Manager
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 manage a portfolio of Retail and non-Retail non-performing loans (“NPL”)...
-
Singapore Maybank Full timeExecutive / Senior Executive, Collection & Recovery Join to apply for the Executive / Senior Executive, Collection & Recovery role at Maybank Executive / Senior Executive, Collection & Recovery 2 weeks ago Be among the first 25 applicants Join to apply for the Executive / Senior Executive, Collection & Recovery role at Maybank Get AI-powered advice on this...
-
Vehicle Recovery Fleet Operations Manager
6 days ago
Singapore ISLAND RECOVERY SERVICES PTE. LTD. Full time**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...
-
Loans Executive
5 days ago
Singapore NSEARCH GLOBAL PTE. LTD. Full timeOur client, one of world's largest financial services organization is looking for: **Loans Executive** - Support syndication loan agency, security agency services to all segments that the Bank is appointed as Facility Agent, Security Agent. - Processing and monitor day to day processing of syndication loan administration, drawdown, rollover, rate fixing,...
-
Loan Executive
2 weeks ago
Singapore SPEEDO CAPITAL PTE. LTD. Full timeDescription - Understanding the full processing of loans processing - Review and ensure that credit & security documentations are in compliance with the company’s guidelines and policies for loan disbursement. - Liaised on shortcoming of documents - Prepare Settlements - Updating system and filing of documents - Weekly mailing of necessary documents for...
