• Competitive
  • Hong Kong
  • Permanent, Full time
  • Citi
  • 2018-11-14

HK Risk Remedial Management Officer Commercial Banking Risk

HK Risk Remedial Management Officer Commercial Banking Risk

  • Primary Location: Hong Kong SAR of PRC,Hong Kong,Hong Kong
  • Education: Bachelor's Degree
  • Job Function: Risk Management
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: Yes, 10 % of the Time
  • Job ID: 18070123


Key Responsibilities:
  • Work closely with Head of Remedial Management Unit, Independent Risk and Business teams of Commercial Banking ("CCB") Hong Kong in managing the classified accounts. 
  • Proactively manage the assigned accounts.  Formulate and implement appropriate account strategies and actions to maximize recovery and minimize credit loss.
  • Conduct credit calls of assigned accounts in Hong Kong or in cross-border / overseas locations as required.
  • Interact with internal and external customers, legal, finance and external counterparties as necessary.  Directing the external legal and insolvency/restructuring professionals' involvement in the workout or legal actions, and managing fee expenses.
  • Evaluate collateral and documentation to identify any documentation exceptions / deficiencies, and to determine appropriate remedial / recovery strategy.
  • Assess and recommend cost of credit actions.  Responsible for Cost of Credit analysis (actual / plan / forecast) of assigned accounts.
  • Conduct Special Mention Assessments.
  • Conduct Management Control Assessments and support the implementation of Remedial Management Commercial Risk Standards in CCB Hong Kong.
  • Prepare regular and ad-hoc management information requirements for assigned accounts as required.
  • Work with members of Remedial Management Unit, Independent Risk and Business teams of CCB Hong Kong as required on special projects and initiatives.
  • Deputize Head of Remedial Management Unit Hong Kong in his/her absence.
  • Possess a sound understanding of remedial and credit risk management; recognizes issues and is able to establish and process risk mitigation plans from inception to implementation
  • Possess technical expertise in Commercial Banking lending and trade product
  • Subject Matter Expert in the areas of problem loan recognition and recovery management
  • Proficient in negotiating restructures with customers, bank group lenders, and internal product/ customer partners including Legal, Enterprise Risk Management,
  • Compliance and Control, Finance partners
  • Solid knowledge in legal proceedings and enforcement actions
  • Strong communication and negotiation skills with customers, internal and external partners
  • Experienced in applicable regulations, guidelines, and practices


  • Proficient in the adverse classification process and documenting an appropriate action plan for identified troubled, stressed, or distressed loans Experience in leading multi-bank workout is an advantage
  • Understand and able to articulate alternative transactions (pros/cons); identifies the related market, credit, operational, and legal/regulatory risks associated with the specific transaction / borrower / portfolio / market
  • Strong account strategy formulating and implementation skills
  • Excellent analytical and credit skills
  • Excellent communication and negotiation skills, with ability to synthesize and present argument in a logical and rational manner
  • Ability to work well under pressure in an ever-changing environment
  • Fluent in written and spoken English and Chinese (Cantonese / Mandarin)
  • Bachelor's degree with 7+ years of Banking experience, with tenure in risk and / or remedial capacities
  • Minimum of a Bachelor degree in Accounting, Finance, Economics, or Business (MBA preferred)