Corporate Asset Manager

4 days ago


Hong Kong, Central and Western District, Hong Kong SAR China ALL-STAR AGENCY Full time

About the Role

We are seeking a Credit Risk Manager, Special Assets & Debt Recovery to join our team at ALL-STAR AGENCY. This role is responsible for managing problem corporate loan portfolios and formulating action plans to maximize financial recovery.

Key Responsibilities:

  • Manage and monitor problem corporate loans portfolio and formulate action plan to maximize financial recovery.
  • Ensure appropriate and updated risk rating is provided for non-performing loans.
  • Develop and execute daily collection strategies.
  • Handle debt recovery for designated accounts through cash/assets recovery, debt restructuring, and security enforcement.
  • Monitor and manage overdue accounts, identify problematic accounts, and assess potential delinquencies.
  • Communicate with customers and manage foreclosure actions.
  • Oversee, execute, and track progress for all collection activities.
  • Liaise with solicitors, agents, and related external parties regarding recovery actions and litigation processes.
  • Collaborate with external entities such as legal firms, real estate agencies, and auction houses, and monitor their performance and evaluate associated costs.
  • Review and update policies and procedures related to risk management and credit monitoring.
  • Provide expert advice on collection/litigation/bankruptcy cases. Monitor legal proceedings in both Hong Kong and the Greater China.
  • Maintain strict compliance with internal policies and procedures, and all regulatory requirements.

Requirements:

  • Bachelor's Degree or above in Risk Management, Business, Law, or related disciplines.
  • Holder of ECF on Credit Risk Management (CCRP(CPM)) qualification.
  • At least 3-5 years of special asset management experience in the financial industry.
  • Strong understanding of legal and regulatory requirements in banking practices on credit risk management.
  • Strong analytical, presentation, report-writing skills, and attention to detail.
  • Good command of Chinese and English with knowledge of Putonghua.


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