ROLE PURPOSE 

The incumbent needs to possess acumen for the major duties, tasks, and responsibilities that make up the work functions of YOMA Bank Litigation (Court Cases) Assistant Manager.

KEY ACCOUNTABILITIES: 

• Collect the documents from branches and product teams necessary to initiate filing in court for each account approved for legal action.  Prepares all legal documents required for a case preparation for filing to court. 

• Familiarize the specific nature of various YOMA Bank loan products, existing ones and new loan products in future, and how the accounts are created, interest charged, penalties applied, restructured and renewed. 

• Always adhere to standard procedures of legal process and documentations of filing: approval, agreements, loan documents, legal-related docs, contracts with case lawyers. 

• Work out the accounts exposures and calculate the interest, penalties by the System or by court decrees.  

• Write the meeting minutes, court case reports, replies to lawyers and court, agreements with customers.  

• Keep ongoing court cases organized by establishing and reviewing legal process; monitoring calendars; upcoming actions and schedules, documenting actions;  

• Input updated and accurate court case status information into the centralized spreadsheets and store in share drives once the case status updated by the bank lawyer. Explore potential ways of settlement on each assigned case and suggest to Management to speed up the loan-recovery through litigation 

• Input updated and accurate court case status information into the centralized spreadsheets and store in share drives once the case status updated by the bank lawyer. 

• Closely follow up the lawyers and branches regarding the status of court case, assist necessary alert to the reporting manager for required actions to take. 

• Follow up on external lawyers of the cases assigned to ensure regular attendance at court pendings, speed up the cases at courts, get regular case-updates  

• Regularly attend to court pending as the bank’s Plaintiff in individual court cases, together with the necessary arrangements of required documents, calculations, transports, reporting, updating in system, prior preparation with the lawyer, etc. 

• Regularly update and report the progress of the cases in the system, share files. 

• Maintains the expenses of the case by verifying outstanding balances with attorney, clients, and other claimable expenses of the account. 

• Always initiate to negotiate with customers and defendant lawyers for the settlement options, and report to management with potential settlement proposal. 

• Follow up on partial or full settlements approved and execute settlement procedures with branches, Enterprise Risk Management and Finance teams 

• Record, update, monitor Provision, Write-offs, Valuations of court case accounts 

• Help develop cases by maintaining contact with people involved in the case; scheduling meeting (teleconference) 

• Other duties as assigned by the Supervisor 

QUALIFICATIONS REQUIRED 

Knowledge & Skills 

• Must be able to fully interpret the legal and contractual terms and clauses used in the contracts, T&Cs, Agreements, etc. 

• Possess interpretation skills on the court decrees and the legal and contractual statements; and understand the impact and needed action in strong analytical thinking. 

• Must be able to write formally the letters, appeals, submissions, contracts, notices, reminders in the form of well-structured legal language. 

• Possess previous working experience in loan orientation, credit analysis, collection, credit underwriting of banking sector  

• Be a quick learner to use core banking (FBE), collection systems and supporting systems.

• Manage time effectively and work well under pressure and meet deadlines 

• Team player willing and able to collaborate with associates at all levels

• Be able to identify process improvement opportunities 

• Motivated to seek out answers, generate ideas, and develop new skills 

• Be able to understand the procedures, perform mathematical calculations and learn the process of legal action 

• Ability to prioritize tasks and take quick actions based on importance/urgency

• Possess good analytical and critical thinking 

• Able to assist team and management 

• Able to produce Power BI reports 

Education & Special Training 

• Graduated: Bachelor's degree in Law
• PC skills – Excellent skill for Power BI, Microsoft Excel, good working knowledge of Words, PowerPoint, Visio, Email. 
• Documentation skills – able to write official letters, emails in simple English
• Good typing speed in both English and Burmese (Myanmar Fonts)

Experience 

• Previous working experience in loan orientation, credit analysis, collection, credit underwriting of banking sector provides an advantage. 
• Min 2-year experience in any business operation preferably Data Analytics and Reporting roles 
• Prior banking experience preferred but not essential 

Languages 

• Fluent in English and Myanmar (written and verbal)