Assistant Manager - Credit Recovery

Job Description

Title: Assistant Manager - Credit Recovery

Company Name: A Reputed Group of Company

Vacancy: 06

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Bachelor's degree in finance, business, or a related field.

Experience Requirements:
∎ At least 5 year(s)
∎ The applicants should have experience in the following area(s): cement industry, Electronics, Home appliances, Retail Operation, Steel manufacturing
∎ The applicants should have experience in the following business area(s): Electronic Equipment/Home Appliances, Group of Companies

Job Responsibilities:
∎ Monitor and track delinquent accounts within the organization's portfolio.
∎ Analyze and assess the reasons for delinquency and develop strategies to address them.
∎ Develop and implement effective debt recovery strategies, including negotiation, legal actions, and settlement agreements.
∎ Ensure compliance with regulatory requirements and industry best practices.
∎ Contact delinquent account holders to discuss repayment options, negotiate payment plans, and provide guidance on resolving outstanding debt.
∎ Collaborate with legal teams to initiate legal actions, including filing lawsuits, obtaining judgments, and executing liens or garnishments when necessary.
∎ Maintain accurate records of all actions taken in the recovery process.
∎ Provide regular reports and updates to senior management regarding recovery progress and performance.
∎ Ensure all documentation, including loan agreements, security documents, and correspondence, are accurately maintained and in compliance with legal and regulatory requirements.
∎ Oversee a team of recovery agents and provide guidance, training, and support to ensure team objectives are met.
∎ Conduct risk assessments to identify potential issues within the credit portfolio and recommend risk mitigation strategies.
∎ Stay updated on industry trends and best practices in credit recovery and adapt strategies to improve recovery rates and reduce losses.

Additional Requirements:
∎ Age at least 26 years
∎ Only males are allowed to apply
∎ Prior experience in credit recovery, debt collection, or a similar role.
∎ Strong knowledge of relevant laws, regulations, and industry standards.
∎ Excellent negotiation and communication skills.
∎ Analytical and problem-solving abilities.
∎ Proficiency in using financial software and databases.
∎ Leadership and team management skills.

∎ Competitive remuneration will be provided to the deserving candidates.

Compensation & Other Benefits:
∎ T/A, Mobile bill, Tour allowance
∎ Salary Review: Yearly
∎ Smooth Career Path
∎ Friendly working environment
∎ Smooth career path for good performers.

Job Source: Online Job Posting.

Application Deadline: 20 Nov 2023

Company Information:
∎ 11 Nov 2023
∎ A Reputed Group of Company
∎ Address : Jamuna Future Park, Ka-244, Progati Sarani, Kuril, Baridhara, Dhaka-1229
∎ Business : As an evolving private company that has continually grown within the competitive industry in Bangladesh, Jamuna Group possesses high values, but the most crucial value of the company is its human resources. The name, Jamuna group is inseparably associated with the name of Mr. Md. Nurul Islam, an architect a pioneer ultimately an Industrial leader in the private sector. He heralded the Jamunas appearance in the arena of private industrial sector in 1974 with the mission and vision of building newly independent Bangladesh as a happy and prosperous country. Jamuna started its journey with the Jamuna Electric Manufacturing Co. Ltd in 1974 and it pioneered the manufacturing electrical accessories and fittings in Bangladesh since 1975. To maintain its competitiveness in todays globalized modern market, Jamuna introduced the best technology along with machinery and expertise in Bangladesh. Jamuna developed and expanded its enterprises of multi-dimension for diversifying its product range. In course of 34 years of operation Jamuna Group expanded into a giant dynasty of 24 large scale SBUs. From textile to real estate, Jamuna Group has diverse business interests. The Group has ventured into electrical, engineering, chemical, leather, garments and textiles- including spinning, knitting and dyeing, cosmetics, toiletries, beverages, real estate, tyre, housing, print and electronic media sectors.

Category: General Management/Admin

: Candidates those who not matching criteria need not to apply.Potential candidates are requested to go through the job circular before applying.We regret that due to the huge volume of applicants only short listed candidate will be called for interview. Any persuasion will disqualify the applicants apply.


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