NPL Recovery & Negotiations Lead

Job Accountabilities

• The job entails the portfolio management of Non - Performing accounts (NPL).
• To study and formulate an action plan or strategy to maximize recovery. This would include participating in negotiations with customers, guarantors, lawyers, etc.
• To recommend and submit papers to Management on strategies, workout plans for NPL accounts, when required.
• To monitor on an on-going basis the progress of such strategies in accordance with the approved milestones and target dates set to ultimately result in:
• Part/Full settlement of the NPL account.
• The account being returned to Performing status.
• Undertaking of relevant legal proceedings against the customer.
• Review of Risk Grading for company accounts, if applicable.
• To ensure Connected Party Verification for Impaired Business Loans are done for submission of any workout proposal paper and Write-Off exercise.
• To ensur...