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Full-Time Opportunity: This is a permanent, full-time position with a competitive package and real career growth potential.
Job Description
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...