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Manager - Asset Management Group

BOQ - Bank of Queensland

Brisbane, Queensland, Australia

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Job Posted: 28/02/2018

Job Category:

Banking & Financial Services / Management

Job description:
  • Join ASX 100 finance leader – Australia’s Most Loved Bank!
  • Asset Management or insolvency experience
  • We’re a flexible employer. Chat to us about what would make work ‘work’ for you.”

About the Role:

An opportunity has arisen for an AMG Manager to join the team.

The AMG Manager is responsible for the management of the Bank’s troubled and impaired exposures. The role seeks best practice efficiencies whilst minimizing lending losses, and promoting a prudent risk awareness culture across the Bank

Key responsibilities in this role will include:

  • Identify and manage turnaround, workout, remediation or exit strategies for high risk customer loans within the current legislative and banking environment
  • Being the customer contact point for various borrowing groups
  • Identification and maintenance of adequate provision levels for AMG managed loans
  • Control and maximise the recovery of troubled and impaired loans
  • Manage and complete AMG returns, submissions, registers and reports as required
  • Engagement and ongoing management of external consultants (Accountants, Lawyers, Valuers, etc)
  • Interacting professionally with both internal and external service recipients/providers
  • Manage the appointment of controllers to security properties as per agreed strategy with the aim of maximising the return to the Bank
  • Manage the Bank’s external legal recovery action and litigation with respect to troubled and impaired loans
  • Identifying personal development opportunities both within and external to the organisation through formal courses, instructional learning, seminars and conferences

To be successful in this role you will have the below skills, knowledge and experience:

  • Previous experience in Asset Management or insolvency firm;
  • Degree in business, accounting or finance related discipline (desirable)
  • Understanding of banking and general lending principles
  • Understanding of impaired asset realisation strategies
  • Understanding of key business drivers and key success factors in business
  • Specialised knowledge in corporate recovery and insolvency practices (desirable)

Why BOQ:

BOQ culture and benefits

Work for one of Australia's top 100 listed companies where our vision is to create Australia’s Most Loved Bank! BOQ are passionate about providing opportunities for you to develop your career as we continuously adapt and deliver in a transformational and competitive environment.

We support a flexible workplace and our head office in the trendy gasworks precinct provides a great work environment with collaborative open space. Benefits include;

  • Discounted financial products
  • Salary packaging options
  • Purchase annual leave
  • BUPA Corporate Plan
  • Gym discounts and much more!

How to apply?

To apply for this role please follow the links, alternatively you can view the role on our Careers Page, https://boq-openhire.silkroad.com/epostings/index.cfm.

Bank of Queensland is committed to a diverse and inclusive workforce. Aboriginal and Torres Strait Islander People are encouraged to apply.

Whilst all applicants will be carefully considered, we will only be able to personally contact you if short-listed for an interview.

BOQ is a member of the Australian Bankers’ Association and has subscribed to the Conduct Background Check Protocol (Protocol). Under the Protocol, from 1 October 2017, BOQ will contact any previous employer/s who are also part of this association to provide a Conduct Check of any potential employee.

If you are successful for a role with the Bank of Queensland, it is a condition of employment that background screening is completed to ensure that the Bank complies with its obligations under the Anti-Money Laundering and Counter Terrorism Financing Act. These checks may include, but are not limited to: identity, verification, reference checks, criminal background checks, immigration checks, verification of academic qualifications, bankruptcy checks.

Job LocationNewstead, Queensland, AustraliaPosition TypeFull-Time/Regular