6 Months Contract Vice President – Corporate Remedial & Special Asset Management

Recruit Express Pte Ltd.; Singapore; On-site; SGD 100,000 - 125,000; Full time

Job summary

A prominent bank in Singapore seeks a Vice President for a 6-month contract to manage distressed assets and non-performing loans. The successful candidate will lead recovery efforts, formulate workout strategies, and represent the bank in external engagements. Candidates should have 5 to 8 years of experience in debt recovery, with strong skills in risk mitigation and debt management.

Qualifications

• 5 to 8 years of relevant experience.
• Strong experience in loans or debt recovery.

Responsibilities

• Manage a portfolio of distressed assets / non-performing loans.
• Formulate and execute workout and recovery strategies.
• Represent the Bank in multi-banks workouts and external meetings.

Skills

Debt recovery

Risk mitigation

Job description

6 Months Contract Vice President – Corporate Remedial & Special Asset Management

6 Months Contract Vice President – Corporate Remedial & Special Asset Management

Our client is a bank.

Job Description:

• Manage a portfolio of distressed assets /non-performing loans (NPL) for both Commercial Banking and Global Banking
• Formulate, seek approval and execute the workout and recovery strategies on distressed accounts to extract maximum value and minimize impairments/losses to the Bank
• Represent the Bank independently in multi-banks workouts and external meetings with customers, lawyers, financial advisors, liquidators, receivers, private trustees, judicial managers, investors and other creditors; and maintain effective working relationships with them
• Proactively lead the recovery effort and legal actions on NPL
• Assist in the prompt identification of early warning signs for corporate accounts and provide advice on risk mitigation of higher risk accounts
• Support in relevant management/audit/ regulatory enquiry and reporting

Job Requirements:

• 5 to 8 years of relevant experience
• Strong experience in loans or debt recovery
• Salary ranges between S$6,000 to S$8,000 per month

Please send your application directly via [e-mail] for a faster response.

Only shortlisted candidates will be notified.