Senior Asset Recovery Manager

5 days ago


Hong Kong, Central and Western District, Hong Kong SAR China DBS Bank (Hong Kong) Limited Full time
Job Summary

We are seeking a highly skilled Senior Asset Recovery Manager to join our Risk Management Group at DBS Bank (Hong Kong) Limited. As a key member of our team, you will be responsible for maximizing recovery and reducing the number of non-performing loans (NPLs) booked in Special Assets Management (SAM).

Key Responsibilities
  • Monitor and control the performance of NPLs with a view to maximize recovery and reduce the number of NPL accounts for the Bank.
  • Manage NPLs, including debt restructuring, initiation of legal proceedings, collateral disposal, and processing claims under Government Scheme (HKMC/TID).
  • Participate in corporate accounts restructuring, including attending Bank Group meetings, negotiating best terms for the Bank, and preparing credit proposals for management's review/approval.
  • Reduce NPLs and maximize recovery in the best interests of the Bank, formulating action plans and strategies for designated accounts, analyzing appropriate actions in litigation/collateral disposal, and ensuring compliance with internal regulations and laws.
Requirements
  • Degree holder, preferably in law, banking, or accounting.
  • Certified Credit Risk Management Professional (under ECF-CRM) preferred but not mandatory.
  • Minimum 10 years of experience in banking industry, especially solid experience in credit recoveries and restructuring.
  • Strong leadership and management skills to effectively motivate, coach, and guide staff to achieve specified performance targets.
  • Sound legal knowledge related to credit recoveries, accounting, and banking practice.
  • Good negotiation skills, market and industry knowledge, problem-solving and analytical techniques, and solution-oriented approach.
What We Offer

We offer a competitive salary and benefits package, as well as the professional advantages of a dynamic environment that supports your development and recognizes your achievements.



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