Malayan Flour Mills Berhad

Manager - Wholesale Credit Division (Recovery Management)

Malayan Flour Mills Berhad  •  Malaysia (Onsite)  •  8 hours ago
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Job Description

If you are looking to excel and make a difference, take a closer look at us…

Functional (job responsibilities)

  • Formulate and implement dynamic and robust strategies, resolution to expedite recovery.
  • Oversea the expeditious recovery on defaulted accounts where prospect of workout is minimal
  • Expedite litigation on accounts where there is low prospects of rehabilitation.
  • Negotiate with customers and establish formal corrective actions plans with approved milestones and target dates, and to undertake on-going monitoring to rehabilitate accounts where the prospects of workout / restructuring is high.
  • Work closely with other departments of the Bank and direct external agents such as receivers and managers, liquidators, monitoring accountants, solicitors, valuers, auctioneers, other lenders and consultants to expedite the resolution of accounts under purview.
  • Monitor all CGC/ SJPP guarantee accounts to ensure timely notification of NPL classification, submission of CGC claims, and all matters pertaining to the related accounts.
  • Ensure charged assets are adequately protected / insured and proper legal advice is taken in the recovery process, with a view to safeguard the Bank from potential loss.
  • Regularly review and ensure adequacy of impaired financing provisioning and in compliance with internal and external guidelines.
  • Ensure strategies fully comply with regulatory requirements.
  • Prepare approval papers that include position papers and proposals by customers (including analysis and review of debt restructuring schemes and repayment proposals) to be tabled to the relevant Committees.
  • P reparation of letter of offer and relevant correspondences.
  • Update and checking of monthly/quarterly reports required for submission.

ducation/Qualification

  • Minimum Bachelor Degree in Business Administration, Banking, Economics, Finance, Accounting

About Hong Leong Bank

We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.

We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our “Digital at the Core” ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation.

Realise your full potential at Hong Leong Bank by applying now.

Malayan Flour Mills Berhad

About Malayan Flour Mills Berhad

Established in 1961, Malayan Flour Mills Berhad (MFM) is the pioneer in the flour milling industry in Malaysia. MFM has grown to become the leading flour miller in Malaysia with regional presence in Vietnam and Indonesia. Over the years, we have expanded into poultry integration, aquaculture, and raw material trading. In FY21, the group revenue was RM2.43 billion.

MFM is one of the major poultry integrators in poultry feeds, breeding, farming with a state-of-the-art processing facility across the poultry value chain. Designed to meet the domestic and international markets, the advanced facility will process up to 300,000 birds per day.

With our asset of 3,000 people, we have transformed and grown in Malaysia and regionally. Synergising with our workforce, we embrace Artificial Intelligence, Big Data, Internet of Things (IoT) in our day-to-day business. Through our partnership with Tyson Food, Inc. and Toyota Tsusho Group, we aspire to be a leading global halal food enterprise while achieving sustainable development goals.

Building the workforce of the future…Today. We invite you to be part of our team!

Visit https://www.mfm.com.my/careers/ or apply via the Jobs tab in Linkedin.

Industry
Food & Beverage
Company Size
201-500 employees
Headquarters
Kuala Lumpur, MY
Year Founded
1961
Website
com.my
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