1-Year DBS Direct Contract- Recovery Specialist, Consumer Risk, Risk Management Group

DBS Bank Ltd; Singapore; On-site; SGD 34,000 - 52,000; Full time

Job summary

DBS Bank Ltd is seeking a Recovery Specialist on a 1-year direct contract in Singapore. The role focuses on maximizing recovery of past-due accounts through customer-focused strategies, while ensuring compliance with regulatory and internal requirements.

You will manage recovery portfolios, engage customers to negotiate sustainable repayment plans, and review profiles to determine remedial actions. Strong communication, analytical thinking, and teamwork are essential to succeed.

Qualifications

• Degree or Diploma in any related discipline.
• Minimum 3 years of experience in credit collection or recovery within banking or financial services.
• Strong communication and negotiation skills, with the ability to handle challenging conversations independently.

Responsibilities

• Manage written-off portfolios and achieve recovery targets.
• Proactively engage customers to negotiate sustainable repayment arrangements.
• Review customer profiles and recommend remedial actions.

Skills

Communication

Negotiation

Analytical thinking

Problem-solving

Team player

Education

Degree or Diploma

Job description

1-Year DBS Direct Contract- Recovery Specialist, Consumer Risk, Risk Management Group### 1-Year DBS Direct Contract- Recovery Specialist, Consumer Risk, Risk Management GroupApply: Singapore - East: Full time: Posted Today: WD90578**Description****Business Function**Risk Management Group works closely with our business partners to manage the bank’s risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure. **Job Objective**To maximise recovery of past‐due accounts through effective, customer‐focused collection strategies while ensuring full compliance with regulatory and internal requirements.**Key Responsibilities****Portfolio & Recovery Management*** Manage written‐off portfolios and achieve individual and team recovery targets.* Proactively engage customers to negotiate sustainable repayment arrangements that optimise recovery outcomes.* Review customer profiles and recommend suitable remedial actions.**Customer Engagement & Service Excellence*** Deliver professional, high‐quality service throughout the recovery process to uphold customer satisfaction.* Promptly address customer complaints, queries and disputes within required turnaround* Handle difficult cases with tact, resilience, and sound judgment.**Risk, Governance & Compliance*** Identify and escalate emerging risks, irregularities, or issues in a timely manner.* Ensure strict adherence to Group policies, internal controls, regulatory obligations, and local laws**Operational & Administrative Responsibilities*** Execute operational tasks such as preparation of reminder letters, statements of account, settlement letters, and other documentation.* Process account transactions including closures, payment transfers, and refunds with accuracy and timeliness**Digitalisation, Analytics & Continuous Improvement*** Leverage digital tools and analytics to enhance recovery performance and support data‐driven decisions.* Support and champion continuous improvement initiatives through Agile methodology, digital innovation, automation and process optimisation.* Collaborate closely with team members to achieve team targets and contribute to a high-performance culture.**Requirements*** Degree or Diploma in any related discipline.* Minimum 3 years of experience in credit collection or recovery within banking or financial services industry.* Experience is unsecured litigation is an added advantage* Strong communication and negotiation skills, with the ability to handle challenging conversations independently.* Good analytical, problem-solving, and decision-making abilities.* Strong team player with professionalism, integrity, and ability to work effectively with stakeholders.**Location:**DBS Asia Hub**Job:****Schedule:**Contract (Fixed Term)**Employee Status:**Full time