AVP / VP, Credit Control (Remedial & Portfolio Management)

Responsibilities:

• Perform proactive credit monitoring and conduct portfolio review to identify potential credit risks and provide insightful recommendations on risk mitigation
• Perform analytical review on the credit risk portfolio and highlight areas of concerns with regard to the Bank’s risk appetite
• Identify potential problem credit via early warning alert for action when appropriate
• Drive the on-going MIS infrastructure enhancement to provide prompt & comprehensive portfolio information & in-depth review and recommendation
• Ensure all internal credit policies and procedures are adhered to bank policy or regulatory requirements
• Handle regulatory and external/internal audit onsite examination and conduct remedial action in accordance to agreed target completion date
• Independently assess the credit profile to evaluate the viability of the client as well as determine the account strategy of problem accounts     
• Independently manage the debt restructuring & remedial actions for classified accounts including setting & timely execution of recovery strategy, negotiation with client/other creditors, taking legal action, liquidation of collateral and participation in bankers meeting
• Independently manage provisions for loan impairment in accordance to regulator and internal requirements. 
• Proactively and closely monitor the progress of all classified accounts with regular reporting to Senior Management
• Provide regular updates on credit risk exposures with the prime objectives of internal and regulatory guidelines compliance
• Monitor, analyze, review and manage the credit risk with potential high-risk indicators and alert business units with recommended courses of action when appropriate
• Collaborate with business units to formulate account strategy and to monitor whether remedial action had been taken properly and timely
• Monitor the performance of credit facilities utilization for identification of early signs of credit deterioration
• Monitor the trend of problem accounts' expected credit loss and report the change in provision levels

Requirements:

• Degree holder in Risk Management, Finance, Economics, Accounting or related disciplines, professional qualification of ECF-CRM is preferred
• At least 8-10 years of solid experience in commercial credit and risk management, special assets and credit monitoring functions in banking industry, minimum 5 years in supervisory role
• Strong understanding of legal and regulatory requirements and banking practices on credit risk management
• Experience in dealing with regulators and auditors
• Excellent analytical, technical and problem solving skills
• Self-motivated with strong risk control sense
• Effective communication, interpersonal and organization skills
• Candidates with substantial experience may be considered for the position of Vice President