Senior Debt Recovery Leader

MERCANTILE SHARED SERVICES SDN. BHD.; Petaling Jaya; On-site; MYR 150,000 - 200,000; Full time

Job summary

A financial services company in Petaling Jaya is seeking a Senior Manager for Debt Recovery, responsible for overseeing debt recovery operations and managing delinquent accounts. The role involves developing effective recovery strategies, ensuring compliance with Bank Negara Malaysia guidelines, and leading recovery teams. Candidates should have 8-12 years of banking collections experience, with a strong understanding of lending and recovery processes. This position requires exceptional leadership, communication, and analytical skills, along with a Bachelor's degree in a relevant field.

Qualifications

• 8-12 years' experience in banking collections or recovery.
• 3-5 years in a senior managerial position.
• Strong understanding of restructuring and recovery processes.

Responsibilities

• Oversee the debt recovery operations.
• Develop and implement debt recovery strategies.
• Supervise daily operations and external collection agencies.
• Track portfolio trends and report recovery effectiveness.
• Lead and develop a team of Recovery Managers and staff.
• Coordinate with Business Units and external stakeholders.

Skills

Leadership

Communication

Negotiation

Analytical skills

Problem-solving

Education

Bachelor's Degree in Finance, Banking, Business Administration, Accounting, or Law

Tools

Recovery systems

Management Information Systems (MIS)

Credit risk tools

Job description

A financial services company in Petaling Jaya is seeking a Senior Manager for Debt Recovery, responsible for overseeing debt recovery operations and managing delinquent accounts. The role involves developing effective recovery strategies, ensuring compliance with Bank Negara Malaysia guidelines, and leading recovery teams. Candidates should have 8-12 years of banking collections experience, with a strong understanding of lending and recovery processes. This position requires exceptional leadership, communication, and analytical skills, along with a Bachelor's degree in a relevant field.