Head of Foreclosures

Senior recovery franchise leader responsible for end-to-end foreclosure and repossessed asset sale management, with accountability for: Maximization of recovery values from repossessed assets Timely liquidation within legal and regulatory frames Governance of foreclosure processes, pricing, and disposal methods Coordination across Retail, / SME Banking, and Commercial Banking portfolios Risk, conduct, and reputational discipline in asset sales Define and institutionalize the Bank's foreclosure and asset disposal frame across all segments Segment repossessed assets by: Asset type (real estate, movable assets, commercial collateral) Ticket size and complexity Retail vs / SME Banking vs Commercial portfolios Define optimal disposal strategies (auction, negotiated sale, broker-assisted sale, bulk sale, etc.) aligned to value maximization Balance speed of recovery with value preservation Oversee end-to-end process from asset handover by Collections / Legal through final sale and recovery booking Ensure clear ownership of: Valuation management Reserve price setting Bid evaluation and approval Sale execution and settlement Drive reduction in ageing of repossessed assets on the Bank's books Monitor haircut trends, recovery ratios, and time-to-sale metrics closely with Legal to ensure all foreclosure and sale actions are fully compliant with: Cambodian laws and foreclosure requirements NBC and internal policy guidelines Ensure transparent, auditable processes for: Valuations and re-valuations Auction processes Conflict-of-interest controls Act as first line owner for reputational and conduct risk related to asset sales Operate as the single-point owner for foreclosures across: Retail Banking / SME Banking Corporate & Commercial Banking Coordinate effectively with: Collections (pre- and post-legal stages) Credit Risk (valuation, impairment, recovery analytics) Relationship teams (handover, client exit discipline) Finance (recovery accounting and provisioning impact) Manage third-party stakeholders including auctioneers, brokers, valuers, and recovery agents Define and track core foreclosure KPIs: Recovery rate vs outstanding exposure Time-to-liquidation Asset ageing buckets Valuation-to-sale variance Establish early warning indicators for value erosion Provide structured management and committee reporting on foreclosure outcomes Feed learnings back into Credit and Underwriting teams to improve future collateral and structuring standards Build and lead a specialized foreclosure team with skills across: Asset valuation understanding Legal process coordination Sale and negotiation execution Define role clarity, controls, and approval matrices Drive a culture of discipline, transparency, and execution ownership

12–18 years of experience in: Collections, recoveries, or asset management Foreclosures and collateral liquidation Exposure to Retail and Commercial recovery environments Strong understanding of: Asset valuation principles Legal foreclosure processes in Cambodia Recovery accounting and impairment concepts Proven experience managing third-party recovery ecosystem Strong execution mindset with high governance discipline Ability to operate independently while partnering cross-functionally