Supervise a team to control and manage non-performing assets and impairment loss
Oversee the team’s compliance and adherence to the legal and regulatory requirements, the Bank’s corporate values and culture, internal policies and guidelines
Formulate debt recovery strategies and direct the team to execute
Recommend asset classification based on HKMA Guideline, Bank’s Policies and case circumstances and stage 3 provisions for non-performing assets
Prepare/Co-ordinate reports in relation to non-performance loan according to the Bank’s policies and coordinate reports of the stage 1 and 2 provisions for the Bank’s asset portfolios, in accordance with the Bank’s established policy
Approve debt restructuring, security enforcement, institution of legal proceedings etc. within the delegated authorization limit per grade of the role
Approve debt restructuring, security enforcement, institution of legal proceedings, provisions, asset classifications etc. as a member of NPL Committee