First Vice President, Special Asset Management

Responsibilities:
 

• Formulate and implement account strategy for assigned problem accounts
• Minimize credit loss and maximize recovery
• Manage the forecast of non-performing loans and expected credit loss
• Meet the problem loan customers and attend a creditor’s meeting for complex commercial and corporate loans
• Timely classify the problem loans to comply with the regulatory requirements
• Review the policy, guideline and procedures related to loan classifications and problem loan management
• Handle enquiries from Finance, Risk, Compliance, regulators, internal and external auditors in relation to problem loans management

Requirements:

• University graduate or above
• Minimum 10 years of problem loans management in reputable financial institutions.
• Prior experiences as independent financial advisors, liquidators, official receivers also considered
• Hand-on experiences in break-up analysis and debt recoveries highly preferable.
• Have good understanding of corporate and commercial banking products
• Conversant with the HKMA’s relevant regulatory requirements
• Well-versed in the HKFRS 9 standards
• Strong communication and people management skills