Litigation (Foreclosure)

Job Descriptions :

• Execute plans/ activities to meet the KPIs set on Delinquency Ratio (DR), Write off Preventive, Impaired Loan (IL) management and Bad Debt Recovered
• Adhere and execute legal strategies to achieve the department’s budget and target.
• Responsible to expedite the civil proceeding to reduce the IL ratio and boost up BDR
• Participate in implementing all cost saving initiatives within department
• Responsible to reduce ECL for all IL, PWO, WO accounts by meeting the department budget
• Responsible to reduce IL delinquency rate and recovery amount
• Work closely with solicitor
• Attend any request from customer pertaining to civil proceeding
• To run the daily operation management for civil team
• To support recovery and collection process via civil proceeding by monitoring the business partner’s performance
• To ensure turnaround time to file civil proceeding are met
• Ensure immediate withdrawal of legal action in the event of settlement / declassification / regularization of the account / upon receive instruction from Calling UM
• Ensure satisfactory rating on all audit reviews
• To assist, support system enhancement which may involve UAT testing and / or perform any adhoc task/ assignment given by Management
• Ensure compliance in place, at the same time ensure achieved satisfactory audit rating
• Always ensure compliance with bank internal policy
• Ensure compliance of internal policy & procedures, Bank Negara guidelines and regulation, i.e. FSA/IFSA 2013, Fair Debts Collections etc.
• Ensure the job integrity
• Ensure perform annual review for all the business partners comply with Banks’s requirement

Job Requirements :

• Preferable Degree in Banking / Law / Financial services AND
• 3-5 years working experience in Law firms & Banking / Financial services OR
• Any relevant Litigation recovery experience