Responsibility:
Portfolio Management
- Identify risk signals and oversee the credit portfolio of potentially SME problem credits and other troubled accounts, including non-performing loans.
- Develop and execute tailored account strategies to mitigate risk, recover value from collateral, and minimize losses.
- Monitor the overall asset performance closely and take necessary actions to protect the bank's interests.
Loan Workout and Restructuring
- Collaborate closely with borrowers facing financial difficulties to find mutually beneficial solutions.
- Conduct risk assessments on problem credit applications as well as annual reviews
- Negotiate loan modifications, restructurings, and settlements to help distressed borrowers get back on track.
- Work closely with external legal representatives and internal credit teams to ensure compliance with regulations and internal policies.
- Distressed assets transfer to Asset Management Company (AMC)
Collaboration and Reporting
- Liaise with internal stakeholders, including credit approver, in-house legal counsel, and senior management.
- Prepare regular reports on credit quality, recovery efforts, and risk exposure.
Legal and Regulatory Compliance
- Stay updated on relevant banking regulations, foreclosure laws, and bankruptcy proceedings.
- Ensure full compliance with all legal requirements related to commercial/corporate banking.
Loss Mitigation
- Implement effective loss mitigation strategies, such as loan sales to AMC, auctions, or asset disposition.
Team Leadership and Development
- Work closely with RI Managers, SAM Managers, Credit Approvers and Relationship Managers.
Requirement:
- University graduate preferably in finance, risk management, business or related discipline.
- 5 years of working experience in commercial banking, especially risk identification and/or special assets management and knowledge of post approval credit monitoring is a plus.
- Good knowledge of the local commercial market, especially the SME market
- Good command of spoken and written English and Chinese (including Putonghua)
- Able to work under pressure.
Applicants who are not invited for an interview within the 8 weeks after submission of application may assume their applications unsuccessful. We may review applications received for suitability for other posts within the Company. All personal data provided will be treated in strict confidence and used strictly for recruitment-related purposes only. We shall retain the personal data of unsuccessful applicants for a period of 24 months upon receipt of such application.