Assistant Manager, Special Asset (Bank)

Gravitas Recruitment Group (Global) Ltd; Hong Kong; On-site; HKD 420,000 - 650,000; Full time

Job summary

Gravitas Recruitment Group (Global) Ltd in Hong Kong seeks an experienced Credit Risk/Non-Performing Loans specialist to manage small enterprises and corporate NPLs, driving recovery and restructuring strategies.

You will negotiate with debtors and stakeholders, coordinate with law firms in HK and mainland China, oversee collateral enforcement, and prepare credit proposals with recoveries and charge-off recommendations.

Qualifications

• A degree in banking, finance, risk management, or law is highly preferred.
• At least 2 years of credit risk management or banking experience with special asset management.
• Familiarity with NPL management, including documentation, collateral enforcement, and legal processes.

Responsibilities

• Manage small enterprises and corporate non-performing loans to enhance recovery efforts and reduce the number of NPL accounts.
• Negotiate with relevant stakeholders regarding restructuring or repayment arrangements, and work with collection agencies on problematic loans and monitor their progress.
• Develop and implement strategies and action plans for specific NPL accounts, regularly reviewing and tracking recovery initiatives.
• Coordinate with law firms in Hong Kong and mainland China to initiate legal proceedings against debtors of NPLs.
• Oversee the sale of collateral and the disposal of repossessed assets.
• Create credit applications that include details on security enforcement, legal actions, provisions, and asset classifications for NPL accounts.
• Prepare credit proposals that detail recovery strategies, debt restructuring options, and charge-off recommendations.

Skills

Credit risk management

Negotiation

Analytical thinking

Interpersonal skills

Bilingual: Chinese & English

Power BI

Education

Degree in banking, finance, risk management, or law

Tools

MS Office

Power BI

Job description

• Manage small enterprises and corporate non-performing loans (NPLs) to enhance recovery efforts and reduce the overall number of NPL accounts.
• Negotiate with relevant stakeholders regarding restructuring or repayment arrangements, and work with collection agencies on problematic loans and monitor their progress.
• Develop and implement strategies and action plans for specific NPL accounts, regularly reviewing and tracking recovery initiatives.
• Coordinate with law firms in Hong Kong and mainland China to initiate legal proceedings against debtors of NPLs.
• Oversee the sale of collateral and the disposal of repossessed assets.
• Create credit applications that include details on security enforcement, legal actions, provisions, and asset classifications for NPL accounts.
• Prepare credit proposals that detail recovery strategies, debt restructuring options, and charge-off recommendations.

Requirements

• A degree in banking, finance, risk management, or law is highly preferred.
• At least 2 years of experience in credit risk management or banking, with a strong background in special asset management
• Familiarity with NPL management practices, including documentation, collateral enforcement, and legal processes.
• Excellent credit analysis and negotiation skills combined with strong interpersonal abilities.
• Proficient in both written and spoken Chinese (including Putonghua) and English.
• Knowledgeable in MS Office Suite (Word, Excel, PowerPoint) and Power BI.