Executive, Loan Recovery

Singapore, Singapore

Job Description


Company DescriptionRHB Bank was established in Singapore in 1961 as UMBC Bank, prior to the country\xe2\x80\x99s independence in 1965. We assumed our present name \xe2\x80\x93 RHB Bank Berhad Singapore (RHBS) in 1999, after a series of expansions and strategic mergers. As a bank that has been here since the beginning, we have garnered invaluable experiences and insights which we turn into innovative solutions designed to help individuals and businesses grow and progress. Throughout the decades in Singapore, we have formed lifetime relationships with our clients and partners who have made us one of the most trusted financial institutions. Together with our experiences, insights and knowledge, we now cater to a cross-section of clients with requirements ranging from personal banking to corporate financing, offering seamless solutions and growing wealth for people and businesses. Our core businesses are streamlined into Retail Banking, Commercial Banking, Corporate Banking, Asset Management, offered through RHB Bank Berhad and RHB Asset Management Pte. Ltd. As a progressive and growing financial institution, RHB Singapore sees the importance for a strong collaborative and cohesive culture while welcoming diversity in views. As part of RHB\xe2\x80\x99s aim to become the employer of choice, talent and career development initiatives are put in place to ensure equal opportunities for personal development and growth among our people. We look forward to having on board talented individuals to join our dynamic and engaging team of more than 600 employees.Key Responsibilities:To develop skillsets in recovery under the retail and non-retail NPL portfolio so as to achieve targeted recovery action.Tasks

  • To manage the legal recovery actions by the Bank including but not limited to appointment of external legal counsels in the Bank\xe2\x80\x99s panel, liaising with the legal firms, collating and maintaining the borrowers\xe2\x80\x99 information from various credit files, checking the accuracy of borrower\xe2\x80\x99s information/data produced by the legal firms and following up on subsequent legal actions until all legal avenues have been fully exhausted.
  • To tackfully engage with customers who responded to our legal actions for loan recovery/collections.
  • To coordinate with / assist fellow colleagues to engage/liaise with borrowers who responded to the Bank\xe2\x80\x99s legal demands for formulation of a restructuring and rescheduling (R&R) plan under a credit application to management for approval. Thereafter, proper follow through in documentation/administration functions for implementation and monitoring that approved plans are diligently complied.
  • To promptly and diligently file Proofs of Debt (\xe2\x80\x9cPOD\xe2\x80\x9d) for borrowers bankrupted or under Debt Repayment Scheme.
  • To assist in any reporting matters or adhoc tasks/projects as assigned by the Head of Loan Recovery.
  • To assist in proper filing and administration tasks within the Loan Recovery.
Qualifications
  • Bachelor\'s Degree in Accountancy, Business Administration/Business or Banking and Finance. Fresh graduates from the local Singapore Universities are welcome to apply.
  • Resourceful and a good team player
  • Good time management skills and ability to multi-task
  • Good communication and inter-personal skills
Additional InformationRHB is a dynamic organization that promotes a work culture of high performance, where its biggest asset, the RHB-ians, are continuously developed & nurtured to their fullest potential through its robust talent management practices.At RHB, we take PRIDE in our people and our teams. Great relationships built on trust, a \xe2\x80\x98leading it right\xe2\x80\x99 environment, challenging assignments and a culture of excellence are the pillars to the dynamic and diversified workplace we call home.

RHB Bank

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Job Detail

  • Job Id
    JD1466049
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned