Assistant Manager/Manager-Special Asset Management

Job Description

Title: Assistant Manager/Manager-Special Asset Management

Company Name: IPDC Finance Limited

Vacancy: 02

Age: Na

Job Location: Dhaka

Salary: Negotiable

Experience:

• 6 to 12 years
• The applicants should have experience in the following business area(s): Banks, Leasing

• Bachelor of Business Administration (BBA)

• 6 to 12 years
• The applicants should have experience in the following business area(s): Banks, Leasing

People Management and Effective Communication:

• i. Managing existing SAM clients for reducing the NPL ration and maintain regular negotiation.

• ii. Staying round-the-clock contact with existing SAM clients in regard of any policy changes, NPL recovery, restructure/rescheduling to reduce the NPL rate of the company, ensuring smooth service and handling critical cases for recovery.

• iii. Identify key areas for overall NPL recovery and maintain effective communication between management and SAM client.

Review and Monitoring of Critical Accounts & Write-off Client:

• i. Makes effective negotiation with write-off clients. Also visit & calls to write – off clients to ensure write-off recovery.

• ii. Ensuring detail review, timely collection and monitoring respective critical accounts specially write – off clients with target amount and deadline.

Forecasting future NPL summary & Legal Compliance:

• i. By Analyzing each source of information, forecast the future NPL summary.

• ii. Communicating with assigned lawyers in respect of proper documentation regarding accounts under Litigation/Legal Action and accordingly representing in the court on behalf of IPDC.

• Maintain Recovery Strategy, task allocation, prepare memo

• i. Prepare recovery strategies to achieve the recovery target

• ii. Allocate strategic task among the department member

• iii. Motivate team members to achieve recovery target

• iv. Prepare settlement, write-off, reschedule, restructure and others important memo for management and ECClient Visit for overdue Issue.

• v. Maintain good rapport and communication with overdue clients

• vi. Visit overdue client premises for recovery purpose

• vii. Alert client to pay off overdue/full outstanding amount to avoid further legal actions.

Observation & Investigation-

• i. Keep SAM client under regular inquiry for alternative source of fund

• ii. Identify the reasons behind the overdue and take necessary recovery action according to the reason.

• iii. Keep regular investigation to SAM client to find out weak points of client for overdue recovery.

• iv. Regular inquiry for keeping trace SAM client’s current premises.

• v. Doing proper investigation for tracing out absconded client.

• Observation & Investigation-

• i. Keep SAM client under regular inquiry for alternative source of fund

• ii. Identify the reasons behind the overdue and take necessary recovery action according to the reason.

• iii. Keep regular investigation to SAM client to find out weak points of client for overdue recovery.

• iv. Regular inquiry for keeping trace SAM client’s current premises.

• v. Doing proper investigation for tracing out absconded client.

• Collection, Account Settlement, Restructure & Reschedule -i.Try to find out a complete solution for settlement or overdue recovery

• ii. Ensure overdue payment from SAM client

• iii. Ensure account full settlement

• iv. Negotiate for rescheduling/restructuring to maximize organisation profit

Team Work

• i. Maintain good communications with branches and other related department like operation, legal, CRM etc.

• ii. Communicate between external and internal stakeholders to ensure smooth work process.

• iii. Perform group visit if required.

• Performance bonus,Provident fund,Weekly 2 holidays,Insurance,Gratuity
• Festival Bonus: 2