Head of Special Assets Monitoring

6-10 years
5 days ago
Job Description

Main responsibilities:

  • Lead the team in executing the Group's line management function with respect to non-performing assets with direct reporting line to the Deputy General Manager of the Risk Management Department
  • Formulate and review the Group's rules and guidelines in respect of NPA management and provide advice on various policies and rules relating to credit risk management and loan execution
  • Review and approve or give no-objection opinion on non-performing assets risk classification, impairment provision, recovery proposals and other relevant matters to the extent of authority granted
  • Assist SEA Entities in formulating and perfecting policies and workflows relating to NPA management and recovery, and provide guidance and support to SEA Entities in their handling of non-performing assets pursuant to local legal procedures and regulatory requirements
  • Analyze and summarize the Group's NPA statistics and movements, monitor the progress of major NPA accounts and report to the management regularly
  • In charge of the management and realization of repossessed assets and other non-cash assets in settlement of debts, including approval and administration of the relevant sale, tender and auction
  • Coordinate the management of compliance, operational risk, engagement of external agents relating to non-performing corporate loans recovery at BOCHK level, and prepare or review relevant reports.


  • Bachelors or above
  • Minimum of 10 years of relevant experience in corporate credit business or non-performing asset clearing, with at least 6 years of management experience
  • Familiar with banking practices of credit risk management and regulatory requirements
  • Proficiency in both English and Chinese with good communication and presentation skills

The Bank of China is a Chinese majority state-owned commercial bank headquartered in Beijing and the fourth largest bank in the world. The Bank of China was founded in 1912 by the Republican government as China's central bank, replacing the Qing Dynasty's Ta-Ching Government Bank.