Vice President, Group Special Asset Management

UOB Venture; Singapore; On-site; SGD 180,000 - 240,000; Full time

Job summary

United Overseas Bank Limited (UOB) is seeking an experienced professional for the Global Structured Asset Management (GSAM) unit to lead corporate debt restructuring efforts. The role requires a strong lending and credit background and the ability to handle complex special situations with solid interpersonal and communication capabilities.

Candidates should possess a degree and at least 10 years in corporate banking, with familiarity in legal loan documentation and insolvency work being

Qualifications

• Bachelor degree or professional qualification from a recognized institution.
• At least 10 years lending/credit experience in corporate or commercial banking, with ability to independently structure complex credit in special situations.
• Familiarity with legal/loan documentation, insolvency work and corporate finance will be an advantage.
• Good analytical, interpersonal and communication skills.
• Ability to read and speak Mandarin will be useful.
• Team player.

Responsibilities

• Evaluate and formulate account strategy / action plan for management approval.
• Negotiate / reach agreement on viable corporate debt restructuring plan.
• Execute / implement the approved corporate debt restructuring plan.
• Monitor/ review the progress/ effectiveness of the corporate debt restructuring plan.

Skills

Lending/credit experience

Interpersonal skills

Communication skills

Mandarin language

Education

Bachelor's degree or professional qualification

Job description

Company: 1011 United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

GSAM is an independent and centralized unit responsible for the restructure, work-out and recovery of all Non-performing Loans (NPL) and Non -performing Assets (NPA) of the UOB Group. We are looking for an individual with strong lending / credit background and possessing good inter-personal skills / ability to deal with complex / special situations.

Responsibilities Include

• Evaluate and formulate account strategy / action plan for management approval.
• Negotiate / reach agreement on viable corporate debt restructuring plan.
• Execute / implement the approved corporate debt restructuring plan.
• Monitor/ review the progress/ effectiveness of the corporate debt restructuring plan.

Requirements

• A degree from a recognized institution or a relevant professional qualification.
• At least 10 years lending/ credit experience in corporate banking or commercial banking, with ability to independently structure complex credit in special situations.
• Familiarity with legal / loan documentation, insolvency work and corporate finance will be an advantage.
• Good analysis, interpersonal and communication skills.
• Ability to read and speak Mandarin will be useful.
• Team player.

Additional Requirements

Develop, Engage, Execute, Strategise

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.