head, special assets (gcb) in Kuala Lumpur

posted
contact
marin kaur, randstad
job type
permanent
salary
RM 12,000 - RM 15,000 per month

job details

posted
location
kuala lumpur, wilayah persekutuan
specialism
banking & financial services
job type
permanent
working hours
Full-Time
salary
RM 12,000 - RM 15,000 per month
experience
10 years
reference number
91M0141079_1579684489
contact
marin kaur, randstad
phone
03-2036 7566
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job description

about the company


Client bank is listed on Main Market of Bursa Malaysia Securities Berhad as the 4th largest fully integrated financial services group in the nation, geographically serving Malaysia, Singapore, Thailand, Vietnam, Brunei, Cambodia, Laos, Indonesia and Hong Kong with assets exceeding RM230 billion with approximately 20,000 total employees globally.

about the job

  • Identifying underlying problems and concerns that lead to deterioration of credit risk profile and / or caused financial distress to the accounts to alleviate further deterioration to asset quality.
  • Recommending strategies and appropriate action plans on distressed accounts to minimize and/or mitigate risks that can lead to impairment and subsequently financial loss.
  • Working closely with relationship managers on solutions to rehabilitate distressed accounts as well as manage assets under exit strategy out of Corporate books to manage impaired ration and loan loss provision and ensure that they are within budget.
  • Overseeing accounts under External Asset Management and jointly work with business teams to manage these accounts to preserve the assets quality.
  • Conduct site visits with relationship managers whenever necessary to help to detect any early warning signals.
  • Liaising with Group Credit Management on updates and reporting of distress EAM/AST accounts to Group Credit Committee.
  • Identifying risk associated with any adverse market information and promptly assess potential impact on the Bank to alleviate loan losses.
  • Monitoring of MIA, excesses, past due & adverse market information etc to ensure account regularization on timely manner to avoid MFRS9 trigger.
  • Leading quarterly review of accounts in vulnerable sectors and propose appropriate recommendations for Business Teams for further action to protect the Bank's asset quality.
  • Liaising with LRD on status and progress of impaired accounts to update management on the impact of these accounts on divisional bottom line.
  • Reporting of asset quality deck to GCC on monthly basis.
  • Cordinate the bottom-up stress test undertaken by Group Risk Management.
  • Guiding and training the business teams on MFRS139 assessment to ensure compliance with Regulatory/ Accounting requirements and standards.
  • Providing training for junior relationship on early warning signals / detection of problem accounts to inculcate strong credit risk skills.

about the team

Successful candidates can expect an attractive and competitive remuneration package based on qualifications and experience together with other benefits alongside with career advancement opportunities which shall commensurate with efforts and contributions.

to apply

To apply online please click the 'Apply' button below. For a confidential discussion about this role, please contact Marin Kaur at 03-2036 7566 or 017-670 1498.




It is required that you are a resident or citizen

skills

Omega, MFRS9, Certified Credit Professional

qualification

no additional qualifications required

educational requirements

Bachelor Degree