Officer Trainee, Recovery and Preservation (Asset Preservation Department)

Responsibilities

• Responsible for developing and implementing recovery and disposal strategies against overdue retail loans which may involve taking legal actions, such as litigation (non-small claims tribunal), bankruptcy petition.

• Handle all relevant tasks throughout the recovery and disposal process for overdue retail loans, including telephone/email reminders, sending demand letters via attorneys, formulating and negotiating repayment plans, possession of property, collateral valuation and management, as well as collateral disposition.

• Manage and liaison with the external agencies such as solicitor firms, property agencies, auctioneers to facilitate collection work and cope with the debt recovery activities.

• Handle any other assigned tasks of the department.

Requirements

• Bachelor’s degree or above in Law, Finance, Accounting, or related discipline.

• Minimum 1 year experience in the recovery and management of problem credits, distressed assets, special assets or related filed.

• Proficient in Microsoft Office, with strong team communication and collaboration skills, logical analysis abilities, and writing skills.

• Self-initiative, able to work independently and under pressure.

• Good written and communications skills in Cantonese, English and Mandarin .

• Combination of analytical skills, industry knowledge, and interpersonal abilities to successfully manage the debt recovery process while maintaining strong stakeholder relationships.