VP/ AVP, Credit Control (Remedial & Portfolio Management) (Team Head)

The successful candidate will assist in overseeing the credit control functions including credit monitoring and review, evaluation of credit facilities of classified accounts, loan classification and recovery, evaluation of provisions for loan impairment, recommendation of write-offs, etc.

Responsibilities:

• Perform proactive credit monitoring and conduct portfolio review to identify potential credit risks and provide insightful recommendations on risk mitigation
• Perform analytical review on the credit risk portfolio and highlight areas of concerns with regard to the Bank’s risk appetite
• Identify potential problem credit via early warning alert for action when appropriate
• Drive the on-going MIS infrastructure enhancement to provide prompt & comprehensive portfolio information & in-depth review and recommendation
• Ensure all internal credit policies and procedures are adhered to bank policy or regulatory requirements
• Handle regulatory and external/internal audit onsite examination and conduct remedial action in accordance to agreed target completion date
• Independently assess the credit profile to evaluate the viability of the client as well as determine the account strategy of problem accounts    
• Independently manage the debt restructuring & remedial actions for classified accounts including setting & timely execution of recovery strategy, negotiation with client/other creditors, taking legal action, liquidation of collateral and participation in bankers meeting
• Independently manage provisions for loan impairment in accordance to regulator and internal requirements.
• Proactively and closely monitor the progress of all classified accounts with regular reporting to Senior Management
• Provide regular updates on credit risk exposures with the prime objectives of internal and regulatory guidelines compliance
• Monitor, analyze, review and manage the credit risk with potential high-risk indicators and alert business units with recommended courses of action when appropriate
• Collaborate with business units to formulate account strategy and to monitor whether remedial action had been taken properly and timely
• Monitor the performance of credit facilities utilization for identification of early signs of credit deterioration
• Monitor the trend of problem accounts' expected credit loss and report the change in provision levels

Requirements:

• Degree holder in Risk Management, Finance, Economics, Accounting or related disciplines, professional qualification of ECF-CRM is preferred
• At least 8-10 years of solid experience in commercial credit and risk management, special assets and credit monitoring functions in banking industry, minimum 5 years in supervisory role
• Strong understanding of legal and regulatory requirements and banking practices on credit risk management
• Experience in dealing with regulators and auditors
• Excellent analytical, technical and problem solving skills
• Self-motivated with strong risk control sense
• Effective communication, interpersonal and organization skills

Attractive remuneration package will be offered to the right candidates. Interested parties please send your full resume with current and expected salary to the Human Resources Division [via CTgoodjobs Apply Now ] or by post to G.P.O. Box 139, Hong Kong.

Please visit us at www.shacombank.com.hk for more information about our Bank.

All personal data collected will be used for recruitment related purposes strictly in accordance with the Bank's personal data policies, a copy of which will be provided immediately upon request by contacting our Personal Data Compliance Officer. Applicants who are not contacted within two months may consider their applications unsuccessful and the personal data collected from the applicants will be retained for no longer than two years from the date of rejection during which the applicants may be considered for other suitable positions within the Bank.