SENIOR MANAGER, WHOLESALE BANKING RECOVERY - SPECIAL ASSETS

Responsibilities

• Assisting Head of Wholesale Banking (WB) Recovery in management of under-performing (UA) and impaired (IA) accounts including:
• (1) engaging in negotiations with Borrowers, Guarantors, other Obligors, solicitors and other recovery professionals with a view to arrive at the best resolution to maximise returns to the Bank;
• (2) analyzing relevant information and writing proposals for rescheduling and/or restructuring (R&R) or for compromised settlements of UA/IA accounts to obtain approval for said proposals;
• (3) implementation of debt restructuring strategies to maximize recovery of UA/IA accounts;
• (4) monitoring of litigations and foreclosures, and working with solicitors and other recovery professionals to expedite legal proceedings;
• (5) adherence to regulatory requirements and internal policies and procedures while executing day-to-day duties.
• Delivering yearly financial targets set by Ma...