Assistant Manager/Manager -Recovery & legal Affairs

Job Description

Title: Assistant Manager/Manager -Recovery & legal Affairs

Company Name: A Leading Financial Institution

Vacancy: 1

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Masters Degree/MBA in Finance/Banking/Accounting from any recognized university;
∎ LLB will be treated as additional qualification.

Experience Requirements:
∎ 4 to 5 year(s)

Job Context:
∎ A well reputed and established publicly listed Financial Institution operating under license granted by Bangladesh Bank, with an excellent reputation for service, quality and dynamism; is looking for career minded professionals with the conviction to perform, grow and face challenges.
∎ If you think you have what is asked for, we currently have openings in the following positions:-

Job Responsibilities:
∎ Planning, evaluating, implementing and continuously improving all aspects of recovery functions and processes.
∎ Frequent visit to the default clients.
∎ Visit customers' offices, as and when required.
∎ Prepare notes, memos for re-scheduling and write-off, various reports regarding default clients.
∎ Maintain liaison with nearest Police Station for GD entry.
∎ Maintain liaison with panel lawyers, arrange to collect case status from the panel lawyers and forward it to the Management.
∎ Maintain pending case status and arrange to send it to the Management in every month.
∎ Perform other duties as and when assigned by the Management.
∎ Must have sufficient knowledge about the Bank related laws (especially NI Act, Money Loan Act, Transfer of property Act and Contract Act), Legal issues and other Laws of the land related to Loan Recovery.
∎ Conversant with Loan classification and provision, Bangladesh Bank reporting, write off process.
∎ Sound knowledge about Mortgage procedures, Loan documentation, and Auction Procedures.

Additional Requirements:
∎ Minimum 4-5 years working experience in Recovery & Legal Department of Banks/ Financial Institutions.
∎ Candidates must possess 2nd class or higher CGPA;
∎ Leadership skills, Team Building Skills, Self Starter, Proven Performer;
∎ Excellent Communication, Presentation and Interpersonal Skills;
∎ Strong Negotiation, Organizational and Problem Solving Skills;
∎ Must be target oriented with a focus to perform;
∎ Team player;
∎ Must be fluent in spoken and written English;
∎ Computer literate.

∎ Competitive Pay Package with industry standard Employee Benefits.

Job Source: Online Job Posting.

Application Deadline: 20 Apr 2023

Company Information:
∎ 22 Mar 2023
∎ A Leading Financial Institution

Category: Bank/Non-Bank Fin. Institution


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