Assistant/ Associate Relationship Manager, Special Asset Management

Job Description

Title: Assistant/ Associate Relationship Manager, Special Asset Management

Company Name: City Bank PLC

Vacancy: --

Age: Na

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 3 years
• The applicants should have experience in the following business area(s): Banks

• Bachelor/Honors

• At least 3 years
• The applicants should have experience in the following business area(s): Banks

• 4 years of Graduation/Masters in any discipline (preferably Law) from a reputed university.

• Minimum 03 years’ of Experience in working in similar role with considerable experience in attachment of properties in different Banks & NBFIs and/ or Legal Practitioner in different courts (preferably experienced in civil cases)

• Experience in working with different government offices such as SRO, AC Land Offices, Tahshil offices etc.  

The primary responsibility of this role is to manage relationship with the non-performing Corporate & SME borrowers of the Bank and thereby reduce Bank’s NPL ratio at a sustainable level. Responsibilities also include taking appropriate measures against assets with bleak recovery prospect and explore the avenues of income through recovery. 

• Recovery by Building relationship through frequent meetings and visits with the borrowers.

• Understanding the borrower & identifying the reasons for default.

• Formulating action plan for recovery of Bank’s dues.

• Reducing Bank’s existing non-performing loan ratio.

• Maximizing cash recovery from non-performing asset.

• Taking approval of appropriate authority for regularization/ rescheduling/settlement of liability as per action plan.

• Ensuring implementation of approved arrangement with the support team.

• Ensuring meticulous compliance of regulatory & Bank’s policy guidelines.

• Data collection and preparation of Classified Loan Review Report (CLRR).

• Serving final notice and preparation of Work Out Plan (WOP).

• Preparing work-out-plan for initiating legal action against the defaulting borrower & ensuring implementation by support division.

• Write-off loans against which all the avenues of recovery are exhausted.

• Monitoring of restructured/ rescheduled/settled A/Cs to ensure recovery/closure within the stipulated time.

• Recovering interest suspended from income due to previous deterioration.

• Putting effort for recovery against written-off A/Cs.

• Booking of property vested favoring the Bank and adjustment of liability against that.