Assistant Manager, Recovery and Preservation

5 days ago


Hong Kong Island, Hong Kong SAR China CMB Wing Lung Bank Limited Full time

Assistant Manager, Recovery and Preservation (Asset Preservation Department) 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. Handles 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. (Fresh graduate will also be considered) 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. #J-18808-Ljbffr



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