Debt Recovery Specialist

4 days ago


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

Job Overview

The Assistant Manager, Special Assets & Debt Recovery will be responsible for managing problem corporate loan portfolios and formulating action plans to maximize financial recovery at ALL-STAR AGENCY.

Responsibilities:

  • Analyze and manage problem corporate loans portfolio and develop action plans to recover financial losses.
  • Assess and ensure accurate risk ratings for non-performing loans.
  • Execute daily collection strategies and handle debt recovery for designated accounts.
  • Monitor and manage overdue accounts, identify problematic accounts, and assess potential delinquencies.
  • Communicate effectively with customers and manage foreclosure actions.
  • Oversee and execute collection activities, ensuring timely and cost-effective resolution.
  • Liaise with external parties regarding recovery actions and litigation processes.
  • Collaborate with external entities to monitor performance and evaluate associated costs.
  • Review and update policies and procedures related to risk management and credit monitoring.
  • Provide expertise on collection/litigation/bankruptcy cases and monitor legal proceedings.
  • Maintain compliance with internal policies and procedures, and all regulatory requirements.

Requirements:

  • Bachelor's Degree or above in Risk Management, Business, Law, or related disciplines.
  • 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.
  • Excellent analytical, presentation, and report-writing skills.
  • Proficient in Chinese and English with knowledge of Putonghua.


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