Special Assets Management Manager

Green Link Digital Bank (GLDB); Singapore; On-site; SGD 150,000 - 260,000; Full time

Job summary

Green Link Digital Bank is Singapore's inaugural wholesale digital bank focusing on supply chain finance, serving MSMEs and driving digitization. We are seeking a senior professional to lead end-to-end loan asset recovery, including restructuring, enforcement, and asset disposal, while coordinating with legal partners and valuers to optimize outcomes.

The role requires a university degree and at least 10 years of asset/loans recovery experience, strong communication, and the ability to operate

Qualifications

• University degree holder
• Experience in asset/loans recovery for corporate/SME borrowers
• Excellent communication and interpersonal skills
• Self-motivated and detail-oriented, good team player

Responsibilities

• Take charge of end-to-end loan asset repayment and remedial strategies including restructuring, security enforcement, repossession, and asset disposal.
• Operate the regular action loop: track monies collected, refresh case status against triggers, and escalate stalled cases on defined timelines.
• Make timely filing and enforcement decisions where insolvency is possible.
• Liaise with debt collectors, solicitors, valuers, lawyers, and real estate agents on statutory demands and amicable solutions.
• Submit bills through the Financial Management System.
• Review non-performing borrowers with justification for ECL and MAS downgrade.
• Apply forbearance classification when appropriate.
• Lead annual reviews of the Bank’s Credit Risk Management Policy and related guidelines.
• Attend CRMC meetings and address audit findings as required.

Skills

Recovery strategy

Stakeholder management

MAS framework knowledge

Debt collection

Education

University degree

Job description

Green Link Digital Bank is Singapore's inaugural wholesale digital bank focusing on supply chain finance, mainly serving MSMEs and aiming to help MSMEs grow and improve digitization.

Responsibilities

A. Recovery strategy & end-to-end workout

• Take charge of the end-to-end loan asset repayment, formulating and executing case specific remedial strategies, including debt restructuring, security enforcement, repossession, and orderly asset disposal in the Bank.
• Operate the SAM regular action loop: track monies collected, refresh case status against multi-signal triggers, and elevate stalled cases on defined timeline.
• Make timely filing and enforcement decisions where insolvency is in prospect.

B. Third-party & legal management

• Liaise with and manage debt collectors, solicitors, valuers, lawyers and real estate agents on issuance of statutory demands and issuance of offer of amicable solution, etc, (or any other cases requiring legal action and third-part appointments).
• Submission of bills (including solicitors, real estate agents, valuers, asset disposal related expenses, etc.) through Financial Management System.
• Conduct periodic review and reporting of non-performing borrowers with justification for ECL proposed and appropriate MAS downgrade.
• Apply forbearance classification wherever the facts trigger it.
• Take charge of the annual review of Bank’s Credit Risk Management Policy, Procedures, and Guidelines (1. Collections and Classified Credit Management and 2. Post-approval Monitoring, etc.).
• Attend and participate in CRMC meetings, including but not limited to identifying and addressing audit findings and presenting as and when required.

Requirements

• University degree holder with at least 10 years’ experience in asset/loans recovery of corporate and SME borrowers.
• Excellent communication and interpersonal skills.
• Self-motivated, detail-oriented, good team player.
• Knowledge in setting up loans recovery system will be a plus point.