Vice President, Special Asset Management (Remedial Management)

at  Maybank Singapore

JOB DESCRIPTION

The job-holder will collaborate closely with Business Units (BU) (Global Banking and Commercial Banking), Credit Risk Approvers, and Corporate Remedial teams to propose and implement strategic actions for high-risk/stressed corporate accounts (Vulnerable/ Potentially Impaired VPI” loans) to minimize credit loss, maximize recovery, and improve customer rehabilitation through early actions.

JOB SKILLS

Banking
Finance
Accountancy
Corporate-Banking
Credit-Risk-Management
NPL-recovery

JOB REQUIREMENTS

• Degree in Banking/Finance, Accountancy, Business, or equivalent.
• Minimum 10 years of banking experience, preferably in corporate banking, credit risk management, or NPL recovery roles, dealing with diversified corporate banking customers.
• Strong knowledge of banking products and restructuring and insolvency laws/practices.
• Excellent analytical skills with attention to detail.
• Exceptional negotiation and interpersonal skills
• Strong interpersonal and communication skills, demonstrated ability to work well with BUs and stakeholders.
• Able to work independently
• Results-driven, resourceful, with an agile mindset to explore alternative solutions.
  Note: Only shortlisted candidates will be contacted

• Proactively monitor and identify early warning signs to promptly detect vulnerable corporate accounts, including those at stage 2 prior to NPL status.
• Provide advisory on appropriate strategies and actions for vulnerable corporate accounts to enhance credit and mitigate potential losses.
• Work closely with colleagues in Commercial Banking and Global Banking to manage customers and implement agreed de-risking and credit enhancement actions.
• Represent the Bank in multi-bank restructuring and external meetings with customers, legal representatives, financial advisors, other lenders, and stakeholders, maintaining effective working relationships.
• Conduct post-mortem reviews to identify credit/operational risks and share "lessons learned" with internal stakeholders.
• Support relevant management, audit, regulatory inquiries, and reporting.
• Represent the SAM team on relevant/ad-hoc projects.
• Compliance with internal policies and regulatory guidelines