Senior Recovery Unit Manager
2 weeks ago
**Job Summary**
We are seeking a highly skilled Remedial and Recovery Section Head to join our team at the Bank of Commerce (Philippines). The successful candidate will be responsible for leading the Remedial and Recovery unit, which undertakes formal second-level recovery activities with the objective of reducing non-performing loans and avoiding or recovering provisions expense.
The ideal candidate will have excellent leadership skills, strong analytical and problem-solving abilities, and a proven track record in credit management. If you are a motivated and results-driven individual who is passionate about delivering exceptional results, we encourage you to apply for this exciting opportunity.
**Key Responsibilities:**
- Agency Handling:
- Process agency accreditation.
- Ensure timely endorsement and pull-out of accounts from agencies.
- Assist agencies in their inquiries.
- Evaluate unit subjects for repossession via Dacion.
- Remedial:
- Evaluate payment proposals of clients, including payment arrangements and restructuring.
- Prepare approval memos for evaluated accounts.
- Collaborate with the Credit Evaluation Department to ensure smooth processing of accounts.
- Recovery:
- Check accounts and document attachments for endorsement to legal.
- Ensure complete documents are collated for accounts to be booked to ROPA.
- Verify the completion of signed documents forwarded by collection agencies.
- Others:
- Evaluate waiver requests of clients.
- Contribute to service quality initiatives.
- Perform other functions assigned by superiors.
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