Manager, Commercial Recovery - Business Banking Pure Litigation

The role is responsible to:

• Monitor recovery of all accounts under supervision and ensure timely action is initiated to maximize recovery for the Bank.
• Monitor Performing Loans (PL) remaining Commercial Recovery post restructuring & rescheduling to ensure PL do not move into Non Performing status.
• Restructure/reschedule new NPL files transferred to us (if possible prior to proceed with legal actions)

Description

• Attending correspondences from solicitor
• Raise Credit Memo / CR09 for various purpose i.e. Settlement, Write Off, etc
• Reading credit file and update status report for review
• Review legal progress and follow up with solicitors
• Preparing various statement of accounts for further legal action
• Perform updating / clean up Individual Assessment Profit Rate & Individual Assessment Template
• Verifying factual details of affidavits prepared by solicitors
• Evaluate facility and security documents completeness prior to commencing legal action
• Discussion with solicitors on legal action strategies
• Discussion with Private Liquidator / R & M on recovery strategies
• To conduct post mortem for newly NPL accounts
• Attending to Insurance / Quit Rent payment and updating Collateral System
• Valuation Report exercise
• Perform RCSA
• Processing business partners invoices for payments
• Legal status review sessions
• Review R & R status for maintenance
• Attending police report for replacements of title
• Updating any monthly reports i.e. SDIS, Projected Recovery, Compromised Settlement, etc
• Review work process / SOP
• Attending audit matters
• Attending Archive / Legacy Accounts