Assistant Manager, Non - Retail Special Assets Management

Bank Islam; Kuala Lumpur; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading company in the banking sector is seeking a Recovery Manager to oversee recovery activities for Corporate and SME portfolios. This role requires strategic planning to maximize recovery while ensuring compliance with all regulatory requirements. Candidates should possess at least a Diploma/Degree and 3 years of banking experience, showcasing strong recovery and communication skills. This is an excellent opportunity for those who are proactive and results-driven.

Qualifications

• Minimum 3 years experience in banking industry.
• Able to do multi-tasking assignments.

Responsibilities

• Manage recovery activities relating to Corporate, SME and Commercial Banking portfolio.
• Plan and monitor recovery strategies to protect and recover the Bank’s assets.
• Execute daily/weekly/monthly recovery activities and prepare reports.

Skills

Strong recovery skill

Good communication skill

Assertive

Innovative team player

Highly independent

Self-motivated

Resourceful

Result oriented

Education

Minimum Diploma / Degree or equivalent

Job description

Press Tab to Move to Skip to Content Link

Select how often (in days) to receive an alert: Create Alert

Job Description:

Summary
Responsible for managing recovery activities relating to Corporate, SME and Commercial Banking portfolio
managed by Corporate Recovery. The main objective is to maximize recovery for the Bank.

Duties and Responsibilities
Manage budgets and timeliness of recovery activities and in line with the Bank’s strategy. Manage collection
activities effectively and efficiently.
Plan, manage, monitor and take necessary actions to protect the Bank’s assets. Identify, develop, implement and
monitor recovery strategies in order to protect and recover the Bank’s assets.
Implement proper restructuring / rescheduling / scheme of arrangement process is taken accordingly for the
benefit of the Bank.
Analyze customer’s financial position to determine the appropriateness of the recommended collection activity.
Identify workout arrangements for the customers without jeopardizing the Bank’s position.
Prepare working papers and provide input / comment on the working papers.
Ensure proper legal action process is taken according to the Bank’s guidelines.
Initiate, supervise, monitor and facilitate legal action process taken by way of foreclosure and civil suit
proceedings.
Liaise and follow-up with external parties such as solicitors, valuers, auctioneers, financial advisors, accounting firms,
local authorities and courts.
Ensure that daily operation is properly managed to achieve the desired outputs.
Execute daily/weekly/monthly recovery activities as planned and prepare periodical reports and any special
assignments in a timely manner.
Provide/update status and reports of the accounts to the Management / Board.
Perform special assignments or do multi-tasking as directed by immediate supervisor, Head of Unit/Department/
Division.
Manage, monitor and records application of Securities and files from Iron Mountain.
Monitor performance of subordinates (if any). Plan optimal utilization of resources. Support team members and
subordinates (if any).
Present papers (if any) to the management committee (FCA, FCB, MANCO etc.).
Attend training or course as approved by the Bank.
Ensure adherence and compliance to all internal policies/guidelines and external regulatory requirements.
Any other duties/assignment as and when directed/assigned by the superior as per business requirement from time
to time.

Qualification Minimum Diploma / Degree or equivalent.
Years of Experience Minimum 3 years experience in banking industry.

Specific Skills/Knowledge andCertification Required
Strong recovery skill and good communication skill.
Assertive and innovative team player, highly independent, committed, selfmotivated,
resourceful and result oriented.
Able to do multi-tasking assignments.