Snaphunt Pte Ltd – Recovery Team Lead (SG)

• Fantastic work culture
• Attractive Salary & Benefits
• A role that offers a breadth of learning opportunities

The Job

Your responsibilities will include:

• Lead the design and implementation of effective recovery strategies and processes.
• Collaborate with stakeholders to drive successful recoveries and minimize credit losses.
• Develop and implement comprehensive recovery strategies and processes to maximize recoveries and minimize credit losses.
• Collaborate with internal stakeholders to understand business objectives and align recovery efforts accordingly.
• Utilize data and analytics to identify high-risk accounts and determine appropriate recovery actions.
• Monitor and report on recovery performance, identifying areas for improvement and implementing corrective measures.
• Stay updated on industry trends, regulations, and best practices to ensure compliance and optimize recovery efforts.
• Foster a culture of continuous improvement, encouraging innovation and creativity within the recovery team.
• Build and maintain strong relationships with external agencies, legal counsel, and vendors to support recovery efforts.

Ideal Candidate

• Bachelor's degree in Finance, Business Administration, or a related field.
• Minimum of 5 years of experience in recovery operations within a bank or financial institution.
• Proven track record of building and leading successful recovery teams.
• Strong knowledge of recovery strategies, regulatory frameworks, and industry best practices.
• Excellent leadership and team-building skills, with the ability to motivate and inspire others.
• Analytical mindset with the ability to leverage data for informed decision-making.
• Exceptional communication and negotiation skills, with the ability to collaborate effectively with stakeholders.
• Experience in developing and implementing recovery processes and systems.
• Ability to thrive in a fast-paced and dynamic environment.

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