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Special Assets Recoveries Assistant Manager| AMWCL| Union Place

Date: 17-Mar-2023

Location: Union Place, LK

Company: Al Futtaim Private Company LLC

AMW Capital Leasing and Finance PLC

AMW Capital Leasing and Finance PLC is a finance company registered under the central bank of Sri Lanka and a subsidiary company of AMW Group which is a leading corporate entity in Sri Lanka and the sole distributor for several world renowned automobiles and related brands, under the umbrella of Al-Futtaim Group, Dubai UAE.

AMW Capital Leasing currently comprises of 22 branches and is in the process of expanding its network to serve our customers better


Key Requirements

  • Minimum 5-year experience in banking or NBFI sector at the similar capacity with experience in handling hardcore recoveries cases.
  • Previous experience in doing repossession according to CBSL guidelines and fair knowledge on CBSL directions on assets repossessions.
  • Minimum 2 years’ experience in handling general administration functions of a finance company. 
  • Passed G C E O/L & A/L preferably with MBA.
  • High level of computer literacy with problem solving and decision-making skills.
  • Strategic problem resolution skills, ERP skills and ability to lead change processes with proven leadership records.
  • Possess technical knowledge related to yard operations, Call center Operations and admin related areas.


   Key Duties and Responsibilities

  • Investigating & locating missing assets, high level negotiations for settlements and /or swift actions on repossessions of the leased assets.
  • Ensure that recoveries of assets are brought down below the assigned threshold level on assigned branches and monitoring and improving efficiencies for Early Age Bucket CER.
  • Negotiating to sell the assets above the valuation price and achieve turnaround time target of disposing of repossessed assets while ensuring minimum loss to the company.
  • Meeting all admin requirements of Capital Leasing on a timely basis.
  • Required to be watchful regarding the business/market environment and suggest improvements to the existing processes in order to bring in efficiencies related to the role.

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