Credit Manager - Special Asset Management

HL BANK; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading financial institution in Singapore is seeking an experienced professional in credit risk management. The candidate will manage a portfolio of distressed accounts and prepare credit proposals to management. Responsibilities include engaging clients, negotiating with stakeholders, and analyzing credit risks. A minimum of 8 years of experience in credit risk and asset management is required, along with strong communication skills. This role demands resilience and the ability to work independently.

Qualifications

• At least 8 years of relevant experience in credit risk management and special asset management.
• Strong written and verbal communication skills in English.
• Independent worker with minimal supervision.

Responsibilities

• Manage a portfolio of distressed and non-performing accounts.
• Prepare credit proposals for restructuring and recovery plans.
• Engage and negotiate with various stakeholders.

Skills

Credit risk management

Negotiate with clients

Communication skills

Problem solving

Job description

Job Responsibilities

• Manage a portfolio of distressed, watch-list, and non-performing accounts.
• Prepare and present credit proposal on credit facilities restructuring and recovery action plans to management / Special Assets Committee
• Support enforcement actions, litigation, or insolvency proceedings
• Engage and negotiate with clients, legal counsel, receivers, and other stakeholders
• Performs in-depth key credit risks and mitigation analysis and provides recommendation in clear and concise manner to maintain / improve loans asset quality
• Provides general oversight of work processes and controls for the whole credit process including those arising (without limitation) from Business and Corporate Banking, Credit Administration, Loans Operations and Trade Operations
• Manages credit risks of borrowing portfolio of Business and Corporate Banking via ensuring timely completion of credit evaluation of periodic credit review and tracking on compliance of covenants / conditions
• Provides guidance to Relationship Managers of Business and Corporate Banking to improve on credit quality and credit underwriting skills and ensure compliance with Credit Policies and regulatory guidelines
• Ad hoc tasks / projects assigned by management from time to time

Job Requirements

• At least 8 years of relevant experience in performing credit risk management, special asset management, credit analysis of large corporations and / or small‑medium enterprises
• Experience in handling distressed assets, restructuring, recovery, or exit strategies
• Familiarity with MAS regulatory guidelines, and Singapore insolvency framework management
• Resilient, resourceful, and capable of handling challenging and sensitive situations
• Strong written and verbal communication skills in English
• A self‑starter, able to work independently with minimal supervision