Auction Officer, CCO - SCR Post Auction MY

CIMB; Malaysia; On-site; MYR 60,000 - 80,000; Full time

Job summary

A leading bank in Malaysia is seeking a candidate for a role focused on managing legal processes and ensuring regulatory compliance. Responsibilities include ensuring timely execution of legal actions, providing support in budget delivery, and collaborating closely with team managers to resolve issues effectively. This role is essential for maintaining the integrity of the legal workflow and compliance with banking regulations. Candidates should be proactive in identifying and mitigating potential fraud.

Responsibilities

• Ensure all legal processes are timely executed with nil backlog.
• Support in delivering the portfolio monthly and annual budget.
• Provide feedback to improve legal workflow and report generation.
• Work closely with Team Manager to resolve sensitive issues.

Job description

Business Performance and Management

• Ensure all legal processes are timely executed with nil backlog
• Support in delivering the portfolio monthly and annual budget on delinquency, impairment ratio and provision
• Continuously provide feedback in improving legal work flow and report generation via system enhancement.
• Ensure all legal processes are timely executed with nil backlog and with effective use on JURIS / Collection system
• Ensure all TAT and KPIs are met
• Compile and continuously improved daily, weekly and monthly tracking report
• Assist, support and perform any ad-hoc projects assigned by Managers / Head of Department
• Follow up with solicitors on the legal stage of the each individual account
• Liaise with CAPM for the appointment of auctioneer and schedule of auction date
• Ensure all the valuation are carried out on time
• Assist, support and perform any ad-hoc projects assigned by Managers / Head of Department
• Follow up with solicitors on the legal stage of the each individual account
• To refer the referral cases and schedule of auction date with Auction Team

People Management

• To work closely with Team Manager in order to solve the problematic/sensitive issues promptly and to ensure Bank’s interest are always be protected.
• Liaise with Team Manager on issues raised by Business Partners,Business Units & customers.

Regulatory Compliance

• To ensure process comply to Bank policies, process and procedure, rules and regulation.
• Ensure satisfactory rating on all audit reviews.
• Ensure compliance of internal policy and procedures, Bank Negara guidelines and regulation, i.e. FSA /IFSA 2013, Fair Debt Collection & etc.

Highlight suspicious and new account behavior to Team Manager to mitigate fraud