On behalf of our Client, a farm equipment supplier. We are looking for a: Head of Risk and Recovery (Microfinance) to be based at their offices in Yangon, Myanmar.

Main Duties and Responsibilities

• Leads overall Risk Management functions, with supervision to all risk officers, credit underwriters and audit executives
• Engages in full credit underwriting process from reviewing the risk profile of each product portfolio; develops, implements and monitors full credit risk acceptance criteria
• Supports Group side for internal audit and coordinates to conduct a proper audit systems
• Reassesses loans in accordance with credit policy, monitors the departments’ KPI and reports to the management team based on the Timely report submitted by Risk and Recovery Team
• Sets a recovery timeline for non-performing loans; leads and supervises the recovery process and deploys the necessary recovery strategy; leads portfolio quality and product diversification analysis
• Tests and closely monitors the recovery process using Recovery and Collection’s Net Flow, Repayment Trend Analysis, Vintage Analysis in cases of doubtful loans and continuously reassesses the loan and Risk Map
• Establishes relationships with Credit Associations, MMFA, Credit Bureau to familiarize oneself with risk mitigation and prevention measures
• Advises on the loan operation process and checks on the compliance of rules and regulations, standards and rates set by MFI laws and FRD
• Implements Credit Policy and cooperates on the developments of policy and operation procedure for new products
• Reports to the management team on the assessment results of compliance on Financial Policy and Procedures, Credit Policy and the immediate corrective actions and plans in case of violations
• Provides trainings to all branches on identification, prevention and preparation actions regarding fraud cases
• Leads, monitors and closes the recovery cases which requires filing legal cases with the relevant legal departments
• Documents the key function documents which may include business policy and legal cases related documents

Job Requirements

• University Degree with any major subject
• Holding an MBA or education background in fields relevant to MFI’s operations would be an advantage
• At least 5 years of experience in Financial Institutions or Microfinance field
• Excellent leadership, interpersonal, sociability skills and multicultural skills
• Excellent command of the English Language
• Willing to travel as business trips

All CVs will be handled with the utmost confidentiality.