Senior Loan Recovery & Remediation Lead

Metrobank; Taguig; On-site; PHP 800,000 - 1,100,000; Full time

Job summary

Metrobank is seeking a Senior Assistant Manager to lead the recovery of past-due loans and manage problem accounts. You will develop remedial remedies and action plans to reduce Non-Performing Loans and improve collateral security, including potential legal actions when needed.

The role requires coordinating with various bank units, presenting strategy to Management, and ensuring proper documentation of settlements. Strong negotiation and financial analysis skills are essential.

Qualifications

• Minimum 3 years in handling remedial accounts.
• Experience in consumer and commercial banking.
• Experience handling Commercial/Corporate Accounts.
• Credit and financial analysis experience.
• Excellent negotiation and presentation skills.

Responsibilities

• Prepare management memoranda on account developments and recovery efforts.
• Recommend and present strategies for remediation and settlement to Management.
• Coordinate with bank units to implement and document settlements.
• Monitor debtor adherence to settlement terms and timeliness of payments.
• Track developments in clients and industry affecting settlement schemes.
• Attend consortia meetings and court hearings when necessary.
• Draft correspondences to clients and other creditor banks.
• Produce reports such as collection reports and master lists of accounts.

Skills

Remedial accounts experience

Consumer & commercial banking

Commercial/Corporate accounts

Credit & financial analysis

Negotiation & presentation

Job description

Metrobank is seeking a Senior Assistant Manager to lead the recovery of past-due loans and manage problem accounts. You will develop remedial remedies and action plans to reduce Non-Performing Loans and improve collateral security, including potential legal actions when needed.

The role requires coordinating with various bank units, presenting strategy to Management, and ensuring proper documentation of settlements. Strong negotiation and financial analysis skills are essential.