Chief Asset Recovery Specialist

Area Coordinator: A Key Position in SAM Recovery Team

We are seeking a highly skilled and motivated professional to fill the position of Area Coordinator in our Strategic Asset Management (SAM) recovery team. As a critical member of our team, you will play a vital role in implementing policies, strategies, and plans for recovering stuck-up loans portfolios.

Key Responsibilities:

1. Policies and Strategies Implementation: Assist the Head Business in preparing and implementing SAM policies, strategies, and plans for the recovery of stuck-up loans portfolios.
2. Recovery Team Management: Acquire, develop, and retain a high-performing Recovery Team for handling the SAM portfolio.
3. Target Assignment and Monitoring: Assign and monitor recovery targets to each team member at the Branch/Area level, ensuring timely achievement of assigned targets.
4. Review and Approval Process: Review Rescheduling/Restructuring/Settlement and Waiver proposals, arranging necessary approvals from management.
5. Negotiation Support: Guide and support the team in negotiations with borrowers, providing technical assistance to devise settlement ways and solve loan-related problems.
6. Legal Case Monitoring: Monitor legal cases, identifying opportunities for settlement and collaboration with relevant stakeholders.
7. Communication and Liaison: Maintain close liaison with Region/Area/Branch Managers to ensure seamless completion of SAM tasks.
8. Data and Record Maintenance: Ensure accurate and complete data and records of SAM portfolios and legal suites.
9. Performance Evaluation: Monitor and evaluate the overall performance of the SAM & Legal Unit, identifying areas for improvement.
10. Reporting and Compliance: Ensure timely generation and submission of error-free reports to relevant offices, adhering to all regulations, rules, policies, and SOPs.

Requirements:

• Strategic Thinking: Proven ability to think strategically and implement effective solutions.
• Leadership and Team Management: Excellent leadership and team management skills, with experience in developing and retaining high-performing teams.
• Communication and Negotiation: Strong communication and negotiation skills, with the ability to build relationships with internal and external stakeholders.
• Analytical and Problem-Solving: Ability to analyze complex situations, identify key issues, and develop effective solutions.
• Organizational Skills: Proven organizational skills, with experience in managing multiple projects and priorities.

What We Offer:

• Competitive Salary: A competitive salary package that recognizes your value to the organization.
• Opportunities for Growth: Opportunities for career growth and development, with access to training and mentorship programs.
• Collaborative Environment: A collaborative and inclusive work environment that values diversity and promotes teamwork.