DBS Bank LimitedDBS has been named “World’s Best Digital Bank” and “Best Bank in the World”. With a presence in 18 markets, headquartered and listed in Singapore, DBS is at the forefront of leveraging digital technology to shape the future of banking. At DBS, we make things...

DBS Bank Limited

DBS has been named “World’s Best Digital Bank” and “Best Bank in the World”. With a presence in 18 markets, headquartered and listed in Singapore, DBS is at the forefront of leveraging digital technology to shape the future of banking. At DBS, we make things simpler for people, to help them live more and bank less. Join us, and together we can make banking joyful for everyone.

VP, Special Assets Management, Risk Management - WD26508_R

Job level Middle
Education Bachelor Degree
Location
Within Hong Kong
Employment type Full Time
Industry Banking
Job function Banking / Finance > Risk Management
Published On 17/09/2021
ref. WD26508

DESCRIPTION/RESPONSIBILITIES:
Risk Management Group

Business Function
Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. We provide independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in our people and infrastructure.

Responsibilities:
Manage non-performing loans (“NPL”) including debt restructuring; initiation of legal proceedings, collateral disposal and processing claims under Government Scheme (HKMC/TID).

Participate in corporate accounts restructuring:
• Attend Bank Group meetings and negotiate best terms for the Bank;
• Liaise with Lead Bank for restructuring progress;
• Prepare credit proposals for management’s review/approval when restructuring terms are finalized;
• Review loan documentation for restructuring;
• After closing, monitor repayment schedule;
• Reduce NPLs and to maximize recovery in the best interests of the bank
• Formulate action plans & strategies for the designated accounts to maximize recovery;
• Analyze appropriate actions in litigation/collateral disposal & processing claims under Government Scheme
• Ensure that the actions are in accordance to the internal regulations & in compliance with Laws, the Code of Banking Practice & and the guidelines prescribed by HKMA;
• Regularly review and monitor recovery progress of designated NPL cases;
• Provide regular updates to management on the status of designated NPL cases.
• Review/update operation manual for NPL management in accordance with internal guideline and regulatory requirement.
• Support system development/enhancement and ad hoc project
• Supervise junior Recovery Manager and ensure their strict adherence to guidelines and are complying with laws and regulations when handling their NPL portfolios

Requirements:
• Degree holder in law, banking or accounting but not must if there is a strong banking background
• 10 years of experience in banking industry (including credit risk, commercial banking and corporate banking). The experience may be acquired either through conducting credit recoveries or serving a supporting role in the above areas.
• Good knowledge of Accounting, HK laws and banking practice
• Good analytical & negotiation skill with good market & industry knowledge
• Conversant with up-to-date HKMA/MAS requirements in related areas

Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

We regret only shortlisted candidates will be notified.

Supervise junior Recovery Manager and ensure their strict adherence to guidelines and are complying with laws and regulations when handling their NPL portfolios