AVP, Corporate Restructuring (CORD)

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

• Manage NPL portfolio through all-rounded recovery duties for resolving NPL
• Negotiate with the delinquent customers on debt restructuring and formulate an appropriate debt scheme to minimize the non-performing loans at the bank as well as to maximize recovery to the bank
• Conduct credit analysis and prepare proposal to seek approval for debt restructuring scheme
• Implement and monitor appropriate collection activity to ensure customers’ payment as agreed terms
• Manage the legal recovery actions including but not limited to ensuring compliance of all regulatory requirements and policies in relation to all legal proceedings, liaising with Litigation Department and legal advisors for appropriate legal action and debt repayment scheme to the litigated customers and following up on subsequent legal action until all legal avenues end.
• Effectively coordinate with team members and the relevant parties and recommend direction and guidelines to ensure achievement of performance objectives and goals
• Prepare and update accurate and timely regular or ad hoc reports
• Keep updated with any changes to law and regulation with respect to legal recovery of NPL
• Perform other duties as assigned

Job Requirements

• Bachelor’s Degree or higher in Business Administration and related fields
• Minimum of 10 years of experience in Credit Loan and Debt Restructuring fields
• Sound knowledge of all aspects of credit industry and basic legal knowledge, particularly related in debt restructuring
• Good credit judgement and strong negotiation, communication and people skills
• Able to handle multi-task and manage time effectively, accurately and attentively to detail
• Good collaboration and teamwork and high dedication
• Good command in English: Writing and Speaking
• Computer literate in MS office