Assistant Manager / Manager – Credit & Recovery

Job Description

Title: Assistant Manager / Manager – Credit & Recovery

Company Name: Fareast Finance & Investment Limited

Vacancy: 01

Age: Na

Job Location: Dhaka

Salary: Negotiable

Experience: --

Published: 2026-02-05

Application Deadline: 2026-02-17

Education:

Requirements: --

Skills Required:

Additional Requirements:

Responsibilities & Context:

• Evaluate and assess clients’ financial requirements by conducting proper due diligence.

• Prepare and process credit proposals in compliance with internal policies, procedures and regulatory requirements.

• Ensure proper documentation and compliance with approved terms and conditions prior to disbursement or commitment.

• Handle security documentation and resolve related issues.

• Prepare call reports, credit risk grading (CRG) statements, financial spreads and other related analyses.

• Maintain complete and up-to-date credit files, including correspondence, financial information and borrower documentation.

• Visit clients’ business premises/factories and proposed mortgage properties to assess associated risks.

• Support business development initiatives by increasing customer base and cross-selling to existing clients.

• Monitor loan accounts to ensure timely repayment and collect financial statements and other required documents periodically.

• Ensure timely review, renewal, restructuring or rescheduling of credit facilities, where applicable.

• Conduct periodic analysis of portfolio performance and follow up on exceptions, covenants, overdue accounts, expired limits and documentation gaps.

• Reduce delinquency by proactive follow-up with borrowers and initiate legal action when required.

• Coordinate with auditors and regulatory bodies to meet compliance requirements.

• Liaise with Legal Affairs and Internal Control & Compliance Departments to expedite recovery of classified loans.

• Perform any other duties as assigned by the Management from time to time.