Assistant VP - Client Services (Credit) - Collections, Singapore
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Singapore
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Posted: yesterday
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To manage the end‑to‑end recovery, control, and disposal of repossessed properties and vehicles, ensuring regulatory compliance, asset value preservation, timely sale execution, and accurate financial recovery for the Bank.
Key Responsibilities- Coordinate property & vehicle repossession and asset custody including keys, access cards, and registers.
- Conduct or arrange post‑repossession property inspections.
- Assess property conditions, safety risks, and compliance requirements.
- Manage lock changes, utilities (activation/termination), and urgent maintenance.
- Source repair and cleaning quotations and obtain approvals.
- Verify validity of fire insurance for repossessed properties.
- Instruct and manage external lawyers on repossession and sale matters.
- Serve statutory notices and ensure compliance with mortgage and sale requirements.
- Liaise with government offices (CPF Board, IRAS, HDB, Town Councils) MCSTs, Private Trustee, repossession agents and store yard warden.
- Take prompt action to meet timeline.
- Arrange for valuations for financial reporting and support reserve price setting.
- Provide analytical inputs for asset disposal and recovery decisions.
- Secure, compliant repossession and custody of assets.
- Timely inspection and value‑preserving maintenance actions.
- Accurate legal, regulatory, and insurance compliance.
- Proper documentation and audit‑ready records.
- Ensure shortfall (if any) is charged off timely.
- Degree in Business, Finance or related discipline.
- At least 5 years’ experience in secured lending, mortgage recovery, property management, or asset disposition.
- Hands‑on exposure to repossession, foreclosure, or distressed asset sales preferred.
- Strong knowledge of mortgage recovery and property disposal processes.
- Understanding of Singapore property regulations (HDB, CPF, IRAS, SSD).
- Financial and valuation analysis capability.
- Strong coordination and stakeholder management skills.
- High attention to control, risk, and regulatory compliance.
- Proficient in Excel and structured reporting.
- Mature and independent.
Be a Part of the UOB Family.
Equal Opportunity EmploymentUOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non‑merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.
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Company name1011 United Overseas Bank Ltd
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Job positionAssistant VP - Client Services (Credit) - Collections
Assistant VP - Client Services (Credit) - Collections has been posted in the Bishan Administrative & Support category on Locanto.
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