Manager - Non - Retail Special Assets Management

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Summary:
Responsible for managing recovery activities relating to Corporate, SME and Commercial Banking portfolio managed by Corporate Recovery. The main objective is to maximize recovery for the Bank.

Duties and Responsibilities:

1. Manage budgets and timeliness of recovery activities in line with the Bank’s strategy.
2. Manage collection activities effectively and efficiently.
3. Plan, manage, monitor and take necessary actions to protect the Bank’s assets.
4. Identify, develop, implement and monitor recovery strategies to protect and recover the Bank’s assets.
5. Implement proper restructuring/rescheduling/scheme of arrangement processes for the benefit of the Bank.
6. Analyze customer’s financial position to determine the appropriateness of the recommended collection activity.
7. Identify workout arrangements for customers without jeopardizing the Bank’s position.
8. Prepare working papers and provide input/comment on the working papers.
9. Ensure proper legal action processes are taken according to the Bank’s guidelines.
10. Initiate, supervise, monitor and facilitate legal action processes by way of foreclosure and civil suit proceedings.
11. Liaise and follow-up with external parties such as solicitors, valuers, auctioneers, financial advisors, accounting firms, local authorities, and courts.
12. Ensure that daily operations are properly managed to achieve the desired outputs.
13. Execute daily/weekly/monthly recovery activities as planned and prepare periodical reports and any special assignments in a timely manner.
14. Provide/update status and reports of the accounts to the Management/Board.
15. Perform special assignments or do multi-tasking as directed by immediate supervisor, Head of Unit/Department/Division.
16. Manage, monitor and record applications of Securities and files from Iron Mountain.
17. Monitor performance of subordinates (if any) and plan optimal utilization of resources.
18. Support team members and subordinates (if any).
19. Present papers (if any) to the management committee (FCA, FCB, MANCO, etc.).
20. Attend training or courses as approved by the Bank.
21. Ensure adherence and compliance to all internal policies/guidelines and external regulatory requirements.
22. Any other duties/assignments as directed/assigned by the superior as per business requirements from time to time.

Qualifications:

Minimum Diploma/Degree or equivalent.
Minimum 3 years experience in the banking industry.

Specific Skills/Knowledge and Certification Required:
Strong recovery skills, good communication and negotiation skills. Assertive and innovative team player, highly independent, committed, self-motivated, resourceful, and result-oriented. Experience in Corporate Rescue Mechanism, i.e., Corporate Voluntary Arrangement, Judicial Management, Scheme of Arrangement, Receivership, and Liquidation. Able to do multi-tasking assignments.

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About Bank Islam Malaysia Berhad:
Bank Islam Malaysia Berhad is the pioneer of the Islamic banking system in Malaysia. We have grown to become one of the nation’s leading financial institutions, providing a wide range of products and services to meet the financial and banking needs of all Malaysians, regardless of race and religion. A career with Bank Islam means an outstanding opportunity to develop a professional vocation in the ever-challenging banking industry. Be a part of an organization that is totally committed to developing Malaysia as one of the leading global Islamic financial centres.

Follow our Careers IG @gobeyondatbankislam for more information on our culture and new career opportunities!