Asset Recovery Manager (Credit Risk)

Banking | Risk and Compliance | Hong Kong

Banking | Risk and Compliance | Hong Kong

About KPMG Executive Search and Recruitment

KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. KPMG Executive Search and Recruitment is a business unit of KPMG China and is one of the few recruitment consultancy firms in Hong Kong that is part of a large professional organisation. We work alongside a group of professionals and advisors who provide us with a high level of insights and awareness about a wide range of businesses and professions. We support the clients and aim to provide a pleasant working experience for the clients and candidates.

The Client

Our client is a well known Chinese bank.

Job Highlights

  • Special/Distressed Asset Recovery
  • Credit Risk Management
  • Non-performing loans (NPLs)

Job Purpose

To maximize debt recovery and minimize impairment loss for the designated accounts through different means and methods.

Responsibilities

  • Assist Team Head in formulating and performing daily execution of collection strategies on delinquent secured and unsecured loan products
  • Participate in corporate accounts restructuring meetings to negotiate best terms for the Bank
  • Prepare credit proposals and reports for management’s review/approval
  • Review loan documentation for restructuring
  • Handle debt recovery for the designated accounts through cash/ assets recovery, debt restructuring and security enforcement
  • Sustain good working relationship with key stakeholders to enhance recoverability of problem loans, including but not limiting to clients, solicitors and outside collection agents etc.

Requirements

  • Degree holder, preferably in law, banking or accounting
  • Relevant certificates such as Certified Credit Risk Management Professional (under ECF-CRM) preferred, Professional Qualification of Certified Credit Risk Management Professional (Credit Portfolio Management) (CCRP(CPM))
  • Minimum 5 years’ relevant experience in bank, credit or related field
  • Knowledge of litigation process in HKSAR with focus on collaterals repossession with solid experience on customer interview
  • Good knowledge of regulatory requirements such as relevant ordinances and supervisory guidelines, such as IFRS 9
  • Good command of written and spoken English and Chinese (including Putonghua)

Applications

For information and application, please contact us at executive.recruitment.hk@kpmg.com. By submitting your application and communication with us, you agree to receive communications from us and accept our Personal Information Collection Statement (PICS) in the following link: 

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