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NPL Recovery & Negotiations Lead

Company

AFFIN Group

Location

kuala lumpur, Malaysia

Type

Full-time

Job Accountabilities

  • The job entails the portfolio management of Non - Performing accounts (NPL).
  • To study and formulate an action plan or strategy to maximize recovery. This would include participating in negotiations with customers, guarantors, lawyers, etc.
  • To recommend and submit papers to Management on strategies, workout plans for NPL accounts, when required.
  • To monitor on an on-going basis the progress of such strategies in accordance with the approved milestones and target dates set to ultimately result in:
  • Part/Full settlement of the NPL account.
  • The account being returned to Performing status.
  • Undertaking of relevant legal proceedings against the customer.
  • Review of Risk Grading for company accounts, if applicable.
  • To ensure Connected Party Verification for Impaired Business Loans are done for submission of any workout proposal paper and Write-Off exercise.
  • To ensur...

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