Vice President, Special Asset Management

2 weeks ago

Singapore Maybank Full time

**JOB DETAILS**

**Job Type**
- Permanent

**Position Level**
- Manager

**Qualification**
- Degree

**Discipline**
- Business Studies/Administration

**Specialization**
- Corporate and Investment Banking

**Sector**
- Group Finance

**Experience**
- 8 - 20 years

**Salary**
- Undisclosed**JOB DESCRIPTION**
- To work closely with Business Units “BU” (Global Banking/ Commercial Banking), Credit Risk Approver and Corporate Remedial teams to propose and implement strategic actions for the high risk/ stressed corporate accounts (Vulnerable/ Potentially Impaired “VPI” loans) in order to minimise credit loss and maximize recovery/ rehabilitation.

**JOB RESPONSIBILITIES**
- Determine appropriate strategy and action for VPI accounts - Liaise with BU to manage clients and implement agreed recovery/ credit enhancement action - Improve recovery effort through cross-departmental collaboration - Work in consultation with Group Legal on the appointment of external legal counsel to facilitate recovery action - Provide regular update to management on the status of VPI accounts - Identify credit and operational risks for trade financing - Work closely with BU and the relevant departments to mitigate risks and improve the process flow - Compliance with internal policies and regulatory guidelines

**JOB SKILLS**

**1)**Analytical**2)**Interpersonal**3)**Credit**JOB REQUIREMENTS**
- Degree in Banking, Accountancy, Business, or equivalent - Minimum of 8 years’ banking experience, preferably in credit and/or front line corporate banking related field - Strong credit related background - Good analytical, negotiation, and interpersonal skills - Able to work independently - Results driven, confident, resourceful and experienced in dealing with diversified banking customers

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