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President

Seeking to hire a Executive Director, Head of Special Assets Management (Risk), Corporate Banking to be respondible in leading a team of Special Assets Management in the Risk Management Dept to control and manage non-performing assets and impairment loss.

An established corporate bank the region is seeking to hire a Head of Special Assets Management (Risk), Corporate Banking to be respondible in leading a team of Special Assets Management in the Risk Management Dept to control and manage non-performing assets and impairment loss.

Job Responsibilities

Oversee Special Assets (Risk Management) team to formulate debt recovery strategies and direct team to execute.
Be responsible for the department's adherence to the legal and regulatory requirements, as well as Bank's internal policies and guidelines.
Prepare reports in relation to non-performance loan according to the Bank's policies
Approve debt restructuring, security enforcement, institution of legal proceedings, provisions, asset classifications within the delegated authorization limit.
Maximize debt recovery for the designated accounts through different means and methods including cash/ assets recovery, debt restructuring, security enforcement, obtaining additional securities etc.
Liaise with solicitors and outside collection agents on problem loans management.
Supervise / execute the repossession and sale of collaterals
Timely coaching and feedback to team members.
Achieve annual business targets, for instances, provision balance, impairment loss ratio, bad debt recoveries, etc.

Job Requirements

University graduate specializing in business or risk management is preferred
20+ years' relevant Special Assets, Remedial Management or Risk Management experience in bank, credit or related field.
Professional Qualification of Certified Credit Risk Management Professional (Credit Portfolio Management) (CCRP(CPM)) is preferred.
Solid experience on Corporate Banking collection and knowledge of NPL management including documentation, collateral enforcement, litigation in HKSAR.
Excellent knowledge of regulatory requirements such as relevant ordinances and supervisory guidelines.
Good command of both written and spoken Chinese and English

If you believe you have the relevant skill and experience and is interested in this position, kindly get in touch with Jack Leung at with your CV and contact details or call +852 3901 8971 to engage in a confidential discussion.

Job ID 32608

ABOUT COMPANY

ALL-STAR AGENCY

Hong Kong

Corporate Banking

ALL-STAR is a performance driven recruitment agency offering an elite level of expertise, influence and access to the brightest talent across the banking and financial services landscape. We know performance matters. Staying on top of your game in the competitive world of business doesn’t just happen - success requires a team, united behind a common purpose - never asking how we can be better, but how we can be the best.

We are relentless in our quest for success, both for our clients and our candidates, finding the right people with the right skills for the right roles. We deliver results, not promises, bringing positive transformation for everyone we work with keeping companies and candidates ahead of the curve of to fulfil their business and career growth potential.

We’re a recruitment agency that is calibrated for the market of tomorrow.

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