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A leading bank is seeking a Senior Manager for Southern Remedial & Recovery to lead asset recovery efforts in Johor. This role involves building essential relationships and executing recovery strategies while ensuring compliance with legal and ethical standards. Candidates should possess a relevant degree, professional qualifications, and significant experience in recovery.
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As a high-performance organisation, we offer our services through all our branches operating nationwide. Our key initiatives are driven by various action-plans to create a high level of engagement while nurturing the core values of S.M.I.L.E among the Talent Capital of the Bank.
Talent management and development are the cornerstone of our operations. We are continuously scouting for the right talents to fill up the role as Senior Manager, Southern Remedial & Recovery at our Southern Enterprise Centre in Johor Bahru .
Job Summary
Lead R&R Region networking activities to build relationships with State authorities, land offices and courts to support due process legal and recovery action.
Facilitate recovery action by building and maintaining relationships with State authorities, land office, court, real estate agents, valuers, lawyers, contract awarders and other identified stakeholders.
To accelerate recovery rate by partnering with Head Office to carry out rescheduling/workout, asset disposal and other modes of recovery
Job Description
Initiate, create and invite parties/bidders/prospects for the bank’s impaired assets throughout regions Promote asset disposal via online marketing through Assetslink website and the registration of introducers and potential buyers under the Bank’s Asset Disposal Referral Scheme.
Relationship development and become contact person as liaison officer with State Authorities, land office, court, real estate agents, valuers, lawyers, contract awarders and other identified stakeholders.
Conduct and prepare reports for all site visits at Region for payment collection, facilitating rescheduling / workout, trace uncontactable customers and facilitate viewing of assets for sale.
Attend to all customer requests which are submitted directly to the Regional Offices.
Compile information and perform checklist-based assessment to facilitate rescheduling / workout.
Update periodic activity reports for performance tracking by Head Office. Support Group recovery effort for RAM and SAM via local intelligence and site visitations to ascertain business operations and trace uncontactable customers and guarantors to negotiate for payment and full settlement.
Responsible to carry out methods/solutions, coach and mobilize the respective Region offices to assist Head Office RAM and SAM in disposal of distressed assets.
Conduct knowledge sharing sessions at region offices to equip the team with know-how in networking, asset disposal and recovery-related matters (due process legal action).
Comply & report on Anti Money Laundering (AMLA), frauds and defalcations (including attempted frauds), breaches of Code of Ethics (COE), robberies & burglaries.
To perform any other duties and responsibilities as assigned from time to time.
Execute strategies to accelerate recovery.
Accurate and timely reporting.
Commit to continued improvement in competency, capability and efficiency.
Requirements
Minimum bachelor's degree or its equivalent in relevant field and in possession of relevant professional qualification fulfilling the regulatory requirement.
5 years related experience in recovery with good professional ethics and occupational track record.
Possess competencies in accounting & cash flow, contract/ procurement, credit & financing, legal action – civil & foreclosure, reschedule/rehabilitation/restructuring knowledge, risk management, security valuation
Your application will include the following questions: