Job Description

Contract type: FULL_TIMESpecialism: Banking & Financial ServicesFocus: Business DevelopmentIndustry: BankingSalary: Market AlignedLocation: Kuala Lumpur FULL_TIMEConsultant: Emily LimJob reference: T51H4X-3DB0B877Date posted: 29 March 2024 kuala-lumpur banking-financial-services/operations 2024-03-29 2024-05-28 banking Kuala Lumpur MY Robert Walters https://www.robertwalters.com.my https://www.robertwalters.com.my/content/dam/robert-walters/global/images/logos/web-logos/square-logo.png trueAn exciting opportunity has arisen for a seasoned professional to take on the role of Vice President, Corporate Recovery. To succeed in this Vice President, Corporate Recovery role, you are required to possess experience in leading a team in corporate recovery for banks.This Vice President, Corporate Recovery role is perfect for someone who thrives in strategising and planning effective approaches towards resolving all Corporate Conventional/Islamic and IHP accounts.What you\'ll do:

• Formulate and strategise the most effective way to rehabilitate distressed accounts by way of Restructure and Reschedule (R&R) and/or legal means to maximise recovery
• Negotiate with defaulters to determine the best option for speedy recovery
• Analyse and evaluate settlement proposals prior to submission for approval
• Monitor and supervise closely all rehab cases approved for R&R to ensure all key terms and conditions are complied with
• Liaise effectively and timely with internal & external stakeholders, borrowers and service agents e.g. white knight, solicitors, receiver and manager, private liquidators, etc. to achieve maximum recovery
• Support Head of Department in providing opportunities for staff career enhancement and improvement of recovery operational level through on-the-job exposure or educating staff in area of understanding debt recovery management

What you bring:

• Bachelor\'s degree in any discipline
• At least 15 years\' working experience preferably in the banking industry
• Minimum of five years\' experience in Debt Recovery
• Strong negotiation skills
• Ability to formulate effective strategies for debt recovery
• Experience in analysing settlement proposals
• Experience in supervising rehab cases
• Excellent interpersonal skills for liaising with various stakeholders

What sets this company apart:This is a leading financial institution that values diversity, inclusivity, and collaboration. They are committed to providing their employees with opportunities for growth and development, fostering an environment where everyone can reach their full potential. Their focus on innovation and continuous improvement ensures they remain at the forefront of the industry, offering top-notch services to their clients.

Robert Walters