Manager, Credit Control

OSK Capital Sdn. Bhd. is the capital financing and non-bank lending arm of the OSK Group, providing financing solutions to businesses and individuals in Malaysia. It is a wholly owned subsidiary of OSK Holdings Berhad, one of Malaysia's diversified conglomerates with businesses in property, financial services, industries, and hospitality.

OSK Capital Sdn Bhd is looking for a Manager, Credit Control, who supervises recovery and remedial activities in the company.

Responsibilities:

• Drive Loan Recovery efforts.
• Management of day-to-day excesses and arrears and to work closely with Business Origination Division Team, Credit Risk & Compliance and internal Legal to follow up on defaulting customers.
• Review restructuring of problem loans.
• Supervise and implement workout arrangement.
• Review repayment proposals.
• Review management report to refocus recovery drive.
• Achieve recovery target in line with advised budget.
• Manage relationship with debtor customers e.g. request for interest concession/waivers, write off request, restructuring of accounts etc.
• Supervise appropriate restructuring strategies for each classified name.
• Review of Memorandum and Non- performing loan data base.
• Ensure restructuring of non-performing loan into performing status.
• Early resolution of problem loans and fraud related accounts.
• Liaison with external stakeholders, i.e. External Lawyers.
• Negotiate for payment and repayment plans for all Non-Performing Loans/ Financing (NPL/NPF) portfolios and restructure/rehabilitate loan repayments to avoid/minimize any potential loss to company.
• To proceed with legal proceedings if earlier negotiations with NPL/NPF customers fail to materialize.
• Overall function is to manage the quality of the assets ensuring no further deterioration that may impact the company’s financial accounts and to maximize recovery from the Security position of the NPL/NPF accounts.

You'll fit the role if you possess the following:

• At least 15 years of related work experience in Loan Collection, Loan Remedial, Loan Recovery, Loan Rehabilitation
• CCP/CCC certified, AICB member, Omega Credit Skills certified, with at least 15 years of banking experience in credit assessment, risk management, and compliance. Strong analytical, communication, and stakeholder management skills.
• Possess Degree in Business Administration, Accounting, Finance, Economics, Law or equivalent.
• Required knowledge: Finance, Recovery, Legal & Litigation/ Insolvency.
• Required skills: IT (Excel, PowerPoint, Words); Good Written & Verbal Communication skills, Negotiation, Financial Analysis, Loan Restructuring/ Rescheduling.