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Senior Associate - Litigation

Yoma Bank
Thanlyin | Yangon
Verified This job has been verified by the company as a real job vacancy.
18 May 2023
Recruiter active 8 hours ago The recruiter at this company was last active reviewing applications.
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Senior Associate - Litigation
Yoma Bank, Thanlyin | Yangon

Senior Associate - Litigation

Yoma Bank

Senior Associate - Litigation

Yoma Bank
Recruiter active 8 hours ago The recruiter at this company was last active reviewing applications.
Myanmar - Yangon
Verified This job has been verified by the company as a real job vacancy.

Experience level

Experienced Non-Manager

Job Function

Legal, Risk and Compliance

Job Industry

Banking/ Insurance/ Microfinance

Min Education Level

Bachelor Degree

Job Type

Full Time

Job Description

RESPONSIBILITIES

The incumbent needs to possess acumen for the major duties, tasks, and responsibilities that make up the work functions of YOMA Bank Court Cases Administrator:

  • Prepares the documents necessary to initiate filing in court for each account: initiating emails and prepare Meeting Minutes of assigning the representative for the court case.
  • Prepare the case in order to file: extract from Loan/NPL files, calculate outstanding amount, file the minutes, case summaries, notices and notifications. 
  • Collects and file court case documents in hardcopy and softcopy, update into individual case summary, and input into Collection System.
  • Knows the specific nature of various YOMA Bank loan products and the way the accounts are created, interest charged, penalties applied, restructured and renewed.
  • Establishes good working relationship with Branches and Lawyer in order to obtain vital information required in preparing for a case.
  • Keeps ongoing court cases organized by establishing and organizing files; monitoring calendars; upcoming actions and schedules, documenting actions.
  • Helps develop cases by maintaining contact with people involved in the case; scheduling meeting (teleconference)
  • Keeps centralized legal team and YOMA branches informed of the progress of the case. Report with data to supervisor when the court case has any issue or settlement plan.
  • Inputs updated and accurate court case status information into the centralized spreadsheets and store in share drives once the case status when updated by the bank lawyer.
  • Maintain updated info in each case on Provisions, Write-offs, Expenditures, Assessor Valuations, Insurance, updated representative and lawyer, Lawyer contracts and fees paid, Partially settled amounts, etc.
  • Maintains the expenses of the case by verifying outstanding balances with attorney, clients, and other claimable expenses of the account.
  • 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.
  • Report the court cases accounts and portfolio Monthly, summarize/project the quarterly and yearly resolved cases, update reporting teams with court cases data files.  

Open To

Male/Female

Job Requirements

Knowledge and Skills

  • Must be able to interpret the legal and contractual terms and clauses used in the contracts, T&Cs, Agreements, etc
  • Need to understand 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
  • 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
  • Able to assist team and management 

Education & Special Training

  • 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 

Lanuguage

  • Fluent in English and Myanmar (written and verbal) 

 

 

What We Can Offer

Benefits

• Ferry Provided
• Mobile Phone Allowance
• Life Insurance
• Limited Medical Cover

Highlights

• Empowered Working Environment
• Diverse Team

Career Opportunities

• Learning and Development Platform
• Opportunities to Explore Multiple Career Paths