We are seeking a seasoned and strategic Special Asset Manager to join a leading bank in Hong Kong.
Your new company
We are seeking a seasoned and strategic Special Asset Manager to join a leading bank in Hong Kong. This role is critical in managing and resolving non-performing assets, ensuring optimal recovery, and minimising credit losses. The ideal candidate will bring strong analytical skills, sound judgment, and a proactive approach to asset management.
Your new role
- Manage a portfolio of non-performing loans and distressed assets, including corporate and SME accounts.
- Develop and implement recovery strategies, including restructuring, liquidation, and legal enforcement actions.
- Conduct in-depth financial analysis and risk assessments to determine appropriate asset resolution plans.
- Collaborate with internal departments (e.g., credit, legal, compliance) and external stakeholders (e.g., receivers, liquidators, legal counsel).
- Monitor the progress of recovery actions and prepare regular reports for senior management.
- Ensure compliance with regulatory requirements and internal policies.
- Participate in credit review committees and contribute to policy development for special asset management.
What you'll need to succeed
- A Bachelor's degree in Finance, Accounting, Law, or related discipline; professional qualifications (CPA, CFA, etc.) are a plus.
- Minimum 5 years of experience in special asset management, credit recovery, or related fields within banking or financial services.
- Strong knowledge of credit risk management, insolvency procedures, and legal frameworks in Hong Kong.
- Excellent negotiation, communication, and stakeholder management skills.
- High level of integrity, resilience, and problem-solving ability.
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV to rowina.lo@hays.com.hk
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion on your career.
