Manager - Wholesale Credit Division (Recovery Management)

Functional (job responsibilities)

• Formulate and implement dynamic and robust strategies, resolution to expedite recovery.
• Oversee the expeditious recovery on defaulted accounts where prospect of workout is minimal.
• Expedite litigation on accounts where there is low prospects of rehabilitation.
• Negotiate with customers and establish formal corrective actions plans with approved milestones and target dates, and to undertake on-going monitoring to rehabilitate accounts where the prospects of workout / restructuring is high.
• Work closely with other departments of the Bank and direct external agents such as receivers and managers, liquidators, monitoring accountants, solicitors, valuers, auctioneers, other lenders and consultants to expedite the resolution of accounts under purview.
• Monitor all CGC/ SJPP guarantee accounts to ensure timely notification of NPL classification, submission of CGC claims, and all matters pertaining...