Senior Manager/ Manager, Special Assets Management

Job Purpose: • To maximize the amount of recovery and minimize the loss incurred from classified accounts in Corporate Banking Division. • To ensure that operations of classified loan collection are compliant with internal and regulatory guidelines and procedures. • To supervise SAM staff for their monitoring and reporting of specific accounts in Corporate Banking Division. Main Responsibilities: • To formulate, execute and monitor account strategies and recovery actions for classified accounts in Corporate Banking Division. • To represent the bank to meet with delinquent borrowers, attend bank group meetings, and liaise with external parties for legal matters or handling of collateral. • To prepare and review proposals and management reports in relation to specific classified accounts and the classified loan portfolio. • To estimate, coordinate and monitor Stage 3 ECL of classified accounts. • To ensure recovery procedures are compliant with internal and external requirements. • To regularly review procedures and guidelines in relation to Special Assets Management. • To supervise and coordinate the completion, accuracy and timeliness of various management reports and regulatory returns prepared by SAM team on specific borrowers and the classified loan portfolio. • To reply to queries from internal parties (including finance, legal and compliance) and regulator. Incumbent Requirements: • University degree holder or above in accounting, finance, business administration or law. • Minimum 10 years of banking experience (including credit risk, commercial banking and corporate banking), preferably with exposure in credit control and debt collection operation and at least 5 years of supervisory experience. • Experience in handling loan recovery action on PRC corporates is an advantage. • Strong negotiation skills. • Good command of spoken and written English / Chinese (including Putonghua). • Able to work independently and under pressure. • Conversant with up-to-date HKMA requirements in related areas.