Our client specialises in purchasing and managing non-performing loans and real estate. This is the ideal environment for individuals seeking to advance their careers. If you are a dynamic, ambitious, and talented person, we invite you to turn this opportunity to your advantage.
SENIOR ASSET MANAGER / ASSISTANT DEPARTMENT HEAD
Reporting to - Department Head
SCOPE OF RESPONSIBILITIES
- Manage, motivate and coach a team of asset managers to achieve the optimum recovery, on the assigned asset portfolio
- Review asset resolution processes and procedures and create new, creative methods of increasing loan collections
- Develop asset manager incentives to drive the borrower resolution process
- Engage in the entire loan workout process, from in-depth analysis on assets, to assisting the AM in interviewing and negotiating with the borrowers
- Perform financial and cashflow analysis, and assess collateral valuation, to determine appropriate resolutions
- Follow-up on the litigation process, that would facilitate bringing borrowers back to negotiate settlements
- Submit and present cases to senior management/investment committee for approval
- Conduct reviews of assets to determine status vs business plan and/or approved settlements
- Assist in due diligence of new portfolio acquisitions as required
- Part of Asset Valuation Committee
JOB QUALIFICATIONS
- Bachelor's Degree, Master's Degree is preferred
- 10-15 years of NPL mortgage loan and/or individual lending experience
- Experience with loan origination, analysis or NPL workout.
- Knowledge of asset valuation is a plus.
- Strong negotiation, motivation and analytical skill.
- Good coaching skills and team lead skills.
- Proficiency in written and spoken English.
