Risk Management, Loan Monitoring & Recovery Contract Executive (Fresh Graduate)

Bank of China; Kuala Lumpur; On-site; MYR 200,000 - 250,000; Full time

Job summary

A leading financial institution in Kuala Lumpur is seeking a Risk Management, Loan Monitoring & Recovery Contract Executive. You will manage impaired loans, monitor accounts, and prepare debt restructuring proposals. The ideal candidate holds a Bachelor’s Degree and has strong communication skills in Mandarin. Fresh graduates are welcome to apply, with training provided.

Qualifications

• Fresh graduates encouraged to apply.
• Preferably 1-2 years experience in asset recovery or credit evaluation.
• Familiarity with litigation and recovery process is a plus.

Responsibilities

• Manage a portfolio of retail and corporate impaired loans.
• Monitor watchlist accounts and conduct monthly loan quality meetings.
• Prepare proposals for debt restructuring and settlement.

Skills

Strong communication skills in Mandarin

Proficient in Microsoft Word

Proficient in Excel

Proficient in Power Point

Education

Bachelor’s Degree from recognized tertiary institution

Job description

Risk Management, Loan Monitoring & Recovery Contract Executive (Fresh Graduate)

Bank of China – Kuala Lumpur, Kuala Lumpur

Job Purpose

Responsible for the management of Impaired Loans (IL) and monitor watchlist accounts and to assess the Bank’s adequacy in provisioning for loan impairment and problematic accounts.

Key Responsibilities

• Manage a portfolio of retail and corporate impaired loans and determine the effective rehabilitation/recovery including initiating end-to-end legal proceedings with the guidance of Team Leader.
• Monitor watchlist accounts i.e. Early Care and Special Mention account by conducting monthly Loan Quality Management Committee Meeting (LQMC) and proactively involve in early intervention/recovery actions. Also act as the Assistant Secretariat for LQMC.
• Assess the Bank’s adequacy in provisioning for loan impairment and problematic accounts by conducting impairment assessment on monthly basis and ad hoc basis.
• Prepare proposals for debt restructuring, settlement proposal and various action plans for Management’s approval and ensuring the prompt implementation of the approved action plan with the guidance of Team Leader.
• Assist Team Leader in keeping abreast with the latest industry/corporate developments and regulatory requirement to promptly review the bank wide asset recovery strategies and assess the risk implications on the asset quality of the Bank.
• Maintain and develop effective and professional working relationship with external and internal parties such as Business Units, Liquidators, solicitors, independent advisors, valuers and others.
• Timely and accurate completion of various internal and regulatory reports for submission to management and relevant authorities.
• Perform any other functions assigned by Management from time to time.

Job Requirements

Education/Professional Qualifications:

• Bachelor’s Degree from recognized tertiary institution.
• Fresh graduates are encouraged to apply

Work Experience:

• Preferably 1 - 2 years of experience in asset recovery/restructuring or credit evaluation and early care monitoring functions.
• Familiar with litigation and recovery process.
• Fresh graduates are encouraged to apply

Personal Attributes & Characteristics:

• Able to maintain good rapport and relationship with both internal and external stakeholders.
• High level of motivation including drive to learn and succeed.
• Positive attitude, able to multi task, resourceful and analytical.
• Target oriented and able to work under pressure and tights datelines

Knowledge/Tools/Skills

• Strong communication skills, especially in written and spoken Mandarin. We are seeking candidates proficient in Mandarin to effectively communicate with Mandarin-speaking clients.
• Conversant in Microsoft Word, Excel and Power Point

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