Senior Vice President
5 days ago
**JOB DETAILS**
**Job Type**
- Permanent
**Position Level**
- Senior Manager
**Qualification**
- Degree
**Discipline**
- Finance
**Specialization**
- Finance
**Sector**
- Group Finance
**Experience**
- 3 - 5 years
**Salary**
- Undisclosed
**JOB DESCRIPTION**
- Senior Vice President / Team Lead - Remedial Management: Reporting directly to the Head of Corporate Remedial, you will lead a team of experienced restructuring and recovery professionals, along with support staff.
**JOB RESPONSIBILITIES**
- Responsibilities: - Oversee the management of a portfolio consisting of distressed assets and non-performing loans (NPL) across both Commercial Banking and Global Banking sectors. - Drive and mentor your team to “best in class” workout and recovery strategies for distressed accounts, aiming to maximize value and minimize losses or impairments for the Bank. - Represent the Bank in multi-bank workouts and external meetings with clients, legal professionals, financial advisors, liquidators, receivers, private trustees, judicial managers, and other creditors. Maintain effective working relationships with these parties. - Proactively lead recovery efforts and legal actions on NPLs, including restructuring, rescheduling, enforcement actions, writ-of-summons, judicial management, bankruptcy/liquidation, and pre-packs/schemes of arrangement, both within Singapore and internationally as needed. - Conduct post-mortem reviews to identify credit and other risks, and provide live briefings to share insights and lessons learned with internal stakeholders. - Identify early warning signs for corporate accounts and advise on risk mitigation strategies for higher-risk accounts. - Lead in relevant management, audit, and regulatory inquiries and reporting. - Represent the Remedial team on relevant or ad-hoc projects.
**JOB SKILLS**
**1)**Mitigation-Strategies**2)**Enterprise-Account-Management**3)**Restructuring**4)**Negotiation**5)**NPL**6)**Banking**7)**Account-Management**8)**Corporate-Accounting**JOB REQUIREMENTS
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