Home Malaysia Head, Business Innovation Of Recovery Asset Management

Home Malaysia Head, Business Innovation Of Recovery Asset Management

Head, Business Innovation Of Recovery Asset Management

Full time at SME Bank Group in Malaysia
Posted on February 29, 2024

Job details

As a high-performance organization, we offer our services through all our branches operating nationwide. Our key initiatives are driven by various action plans to create a high level of engagement while nurturing the core values of S.M.I.L.E among the Talent Capital of the Bank. Talent management and development are the cornerstone of our operations. We are continuously scouting for the right talents to fill up the role as Head, Business Innovation Of Recovery Asset Management. Responsibilities:

  • To strategies and develop alternative modes to support remedial and recovery activity. To initiate and lead marketing activities to facilitate the disposal of distressed assets, including Assetslink website.
  • To lead all relationship development and liaison activity with internal and external parties for smooth and timely completion of assignments. The external parties include SDRS/AKPK, BNM, government ministries and agencies, solicitors, external consultants, and other service providers.
  • To lead post-mortem credit review from a recovery perspective and conduct knowledge sharing of lessons learned.
  • To supervise team to ensure that strategies and implementation fully comply with Shariah, legal, statutory and regulatory requirements, as well as prevailing policies and procedures of the Bank.
  • To review and recommend enhancements to recovery-related policies and procedures, as and when required.
  • To perform any other duties and responsibilities as assigned from time to time.
Requirements:
  • A minimum of a bachelor’s degree in accounting, finance, economy or its equivalent in relevant fields, and possession of relevant professional qualifications fulfilling the regulatory requirements (if any).
  • A minimum of 12 years of relevant experience in related industries; had experience in handling large and complex recovery cases.
  • Strong knowledge in law and litigation cases would be advantageous.
  • Ability to strategies and innovate the remedial and recovery approaches and processes.
  • Good communicator in the aspects of negotiation, persuasion and relationship building.
  • Able to coach and guide their subordinates.
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