Special Assets Management Manager

Green Link Digital Bank (GLDB); Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Green Link Digital Bank (GLDB) is Singapore's inaugural wholesale digital bank focusing on supply chain finance, servicing MSMEs and driving digitization. The role leads end-to-end loan asset recovery, coordinating with debt collectors, solicitors and valuers to pursue recovery strategies and maintain compliance with MAS guidelines.

The candidate should possess a university degree and at least 10 years of experience in asset/loan recovery for corporate and SME borrowers, with strong

Qualifications

• Bachelor’s degree in a related field; 10+ years in asset/loan recovery for corporate/ SME borrowers.
• Excellent communication and interpersonal skills are essential.
• Self-motivated, detail-oriented and a good team player.
• Knowledge in setting up loans recovery system is a plus.

Responsibilities

• Lead end-to-end loan asset repayment, devising remedial strategies including restructuring, enforcement, repossession and asset disposal.
• Operate regular recovery loops: track collections, refresh case status, escalate stalled cases.
• Make timely filing and enforcement decisions when insolvency is possible.
• Liaise with debt collectors, solicitors, valuers and other third parties for statutory demands and amicable solutions.
• Prepare and review bills through the Financial Management System.
• Review non-performing borrowers with support for ECL and MAS downgrades.

Skills

Excellent communication

Interpersonal skills

Self-motivated

Detail-oriented

Team player

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.

By submitting your application, you have given your consent for us to collect, use and retain your data for a year as according to our prevailing data retention and PDPA policies. Should you have any enquiries on our data policy, please contact us at [e-mail].