Incorporated in November 1950, Shanghai Commercial Bank Ltd. is one of the most well known local Chinese banks in Hong Kong. At present, there are more than 40 local and overseas branches. The Bank has always been pursuing the motto of its founder, Mr. Kwang-pu Chen, to 'Serve the Community'. The Bank's slogan of 'For Personalized Service' and 'All in a Family' denotes the Bank's devotion to providing personalized services to its clients and promoting a harmonious relationship among its staff members.
Responsibilities:
- Independently manage the debt restructuring & remedial actions for classified accounts, including setting & timely execution of recovery strategy, negotiation with client/other creditors, taking legal action, liquidation of collateral, loan sales and participation in bankers meetings.
- Perform independent evaluation of credit applications / write-offs related to classified credits.
- Proactively and closely monitor the progress of all classified accounts with regular reporting to management.
- Independently manage provisions for loan impairment in accordance with the regulators' and internal requirements.
- Provide regular updates on credit risk exposures with the prime objectives of internal and regulatory guidelines compliance.
- Monitor, analyze, review and manage the credit risk with potential high-risk indicators and alert business units with recommended courses of action when appropriate.
- Collaborate with business units to formulate account strategy and to monitor whether remedial action had been taken properly and timely.
- Monitor the trend of problem accounts' expected credit loss and report the change in provision levels.
Requirements:
- Degree holder in Risk Management, Finance, Economics, Accounting or related disciplines, professional qualification of ECF-CRM is preferred
- At least 7 years of solid experience in commercial credit and risk management, special assets and credit monitoring functions in banking industry
- Strong understanding of legal and regulatory requirements and banking practices on credit risk management
- Experience in dealing with regulators and auditors
- Excellent analytical, technical and problem solving skills
- Self-motivated with strong risk control sense
- Effective communication, interpersonal and organization skills
(Candidates with less experience will be considered for the position of Manager)
We offer competitive remuneration commensurate with candidate’s background. If you look for a friendly and harmonious working environment with steady career progression, here is the right opportunity for you. Please submit your full resume with current and expected salary to the Human Resources Division by clicking “Apply Now” or visiting https://www.shacombank.com.hk/eng/about/career/Career.jsp.
We are an equal opportunity employer.
Applicants who are not contacted within 8 weeks may consider their application unsuccessful. Applications may be retained for 24 months for consideration of other suitable openings.
All personal data collected will be used for recruitment related purposes strictly in accordance with the Bank's personal data policies, a copy of which will be provided upon request by contacting our Personal Data Compliance Officer.