Credit Management Director
5 days ago
Job Overview:
The Credit Management Executive plays a pivotal role in managing debt recovery processes, consumer bankruptcies, and company insolvency procedures. This includes liquidation, judicial management, receivership, Chapter 11, and other related processes.
Key Responsibilities:
- Manage the full lifecycle of company insolvency processes, including liquidation, judicial management, receivership, Chapter 11, and other related procedures.
- Oversee insolvency broadcast listings and take necessary follow-up actions such as preparing proof of debt filings, issuing liquidation letters, and other essential tasks.
- Handle debt agency assignments and manage payment listings for both corporate and consumer accounts.
- Administer Bankruptcy and Debt Repayment Scheme procedures.
- Manage the objection to company struck off process and conduct evaluations of these companies from being struck off.
- Oversee the activities related to partnerships and sole proprietorships on the company worklist.
- Handle write-off process and write-back activities.
- Review and allocate payment postings, debt agencies fee, and oversee credit/debit balance transfer activities.
- Address internal and external queries and manage escalation cases in a tactful manner.
- Collaborate with the IT team and various stakeholders to resolve system defects and ensuring proper closure of issues.
- Perform ad hoc duties such as preparing WI documentation, tabulating statistic reporting, and other related tasks.
Requirements:
- Degree in Business Management/Accountancy or equivalent.
- Minimum of 2 years experience and above with solid exposure in debt management.
- Experience in working in the Telco/Banking industry is a plus.
- Exposure in proof of debts, liquidation, and managing debt collection agents is required.
- Expertise in managing complex processes, with a focus on compliance and efficiency.
- Excellent communication, organizational and problem-solving capabilities.
- Ability to manage multiple tasks and priorities effectively.
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