Assistant Vice President (AVP), Special Asset Management (SAM)
Job Description
Title: Assistant Vice President (AVP), Special Asset Management (SAM)
Company Name: CVC Finance Limited
Vacancy: --
Age: at least 32 years
Location: Dhaka
Minimum Salary: Negotiable
Experience:
∎ At least 10 years
∎ The applicants should have experience in the following business area(s):Banks, Insurance, Leasing, Investment/Merchant Banking
Published: 29 Dec 2024
Education:
∎ Masters
∎ Post-Graduation in Business/Commerce Discipline from reputed Public/Private University.
Requirements:
Additional Requirements:
∎ Age at least 32 years
∎ Minimum 10 year(s) experience, preferred in Bank or Financial Institutions,
∎ The applicants should have experience in the following area(s):Recovery & Loan.
∎ Proficiency in Microsoft word, Excel and Power point.
∎ Good communication skill
∎ Interpersonal skill
∎ Passionate about finance/banking industry
∎ Biased to technology driven process
∎ Sufficient knowledge in Accounting Software
∎ Passionate about innovation (product, process & technology) and process efficiency.
∎ Professional & deadline based performance oriented
∎ Motivated and driven for success
∎ Job Requirements:
∎ Soft Skill:
Responsibilities & Context:
∎ Account Management: Preparing Annual Plan for collection and recovery of NPL Management, maintain and follow up on assigned accounts in accordance with management guidelines to ensure optimal recovery of NPL.
∎ Client Database Maintenance: Maintain an accurate client database for the Recovery Department’s portfolio, ensuring all information is up-to-date and comprehensive.
∎ Client Engagement: Conduct regular visit to customers and businesses of NPL portfolios, sharing insights and knowledge gained to guide Relationship Manager (RM) on specific NPL accounts, projects, or tasks as assigned.
∎ Recovery Visits: Perform personal recovery visit, either individually or as part of a team, to borrower locations, guarantor addresses, and mortgaged properties, providing detailed reports to the Supervisor.
∎ Legal Activities: Work closely with Legal Department. In order to ensure execution of all warrants and court instructions.
∎ Cross-Departmental Communication: Maintain open communication channels with supportive departments, including Corporate, SME, Consumer, CRM, and others, to facilitate collaboration and information sharing.
∎ Proposal Analysis: Scrutinize and conduct detailed analyses of reschedule/restructure/settlement proposals, making recommendations for approval to the Board in alignment with the Bank’s/NBFI’s guidelines.
∎ Regulatory Compliance: Ensure adherence to ICC department policies, internal procedures, and external regulatory requirements (Bangladesh Bank) throughout the approval process.
∎ Letter Issuance: Prepare and issue various correspondence necessary for the Recovery Department’s operations.
∎ Daily Collection Reporting: Compile and prepare daily collection reports for all departments, with a separate focus on legal and recovery activities.
∎ Management Reporting: Prepare various reports related to rescheduling, restructuring, and reporting to Bangladesh Bank, as well as additional management reports as required.
∎ Progress Reporting: Develop and update monthly or weekly reports to track progress and performance metrics.
∎ Title: Assistant Vice President (AVP), Special Asset Management (SAM)
∎ Reports to: Managing Director & CEO
∎ Nature: Full Time Permanent
∎ Major Duties and responsibilities:
∎ Account Management: Preparing Annual Plan for collection and recovery of NPL Management, maintain and follow up on assigned accounts in accordance with management guidelines to ensure optimal recovery of NPL.
∎ Client Database Maintenance: Maintain an accurate client database for the Recovery Department’s portfolio, ensuring all information is up-to-date and comprehensive.
∎ Client Engagement: Conduct regular visit to customers and businesses of NPL portfolios, sharing insights and knowledge gained to guide Relationship Manager (RM) on specific NPL accounts, projects, or tasks as assigned.
∎ Recovery Visits: Perform personal recovery visit, either individually or as part of a team, to borrower locations, guarantor addresses, and mortgaged properties, providing detailed reports to the Supervisor.
∎ Legal Activities: Work closely with Legal Department. In order to ensure execution of all warrants and court instructions.
∎ Cross-Departmental Communication: Maintain open communication channels with supportive departments, including Corporate, SME, Consumer, CRM, and others, to facilitate collaboration and information sharing.
∎ Proposal Analysis: Scrutinize and conduct detailed analyses of reschedule/restructure/settlement proposals, making recommendations for approval to the Board in alignment with the Bank’s/NBFI’s guidelines.
∎ Regulatory Compliance: Ensure adherence to ICC department policies, internal procedures, and external regulatory requirements (Bangladesh Bank) throughout the approval process.
∎ Letter Issuance: Prepare and issue various correspondence necessary for the Recovery Department’s operations.
∎ Daily Collection Reporting: Compile and prepare daily collection reports for all departments, with a separate focus on legal and recovery activities.
∎ Management Reporting: Prepare various reports related to rescheduling, restructuring, and reporting to Bangladesh Bank, as well as additional management reports as required.
∎ Progress Reporting: Develop and update monthly or weekly reports to track progress and performance metrics.
Compensation & Other Benefits:
∎ Mobile bill, Provident fund, Weekly 2 holidays
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ Salary: Competitive salary will be provided to the deserving candidate.
∎ Benefits: As per company policy.
∎ Salary: Competitive salary will be provided to the deserving candidate.
∎ Benefits: As per company policy.
Employment Status: Full Time
Job Location: Dhaka
Company Information:
∎ CVC Finance Limited
∎ Rahman’s Regnum Centre, (Level - 13)
191/1, Tejgaon-Gulshan Link Road, Tejgaon C/A, Dhaka-1208
∎ CVC Finance Limited or CVCFL, is a relatively new but professional Financial Institution promoting access to Finance, Sustainable green growth, Entrepreneurship through technology led innovations.
Address::
∎ Rahman’s Regnum Centre, (Level - 13)
191/1, Tejgaon-Gulshan Link Road, Tejgaon C/A, Dhaka-1208
∎ CVC Finance Limited or CVCFL, is a relatively new but professional Financial Institution promoting access to Finance, Sustainable green growth, Entrepreneurship through technology led innovations.
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 21 Jan 2025
Category: Bank/Non-Bank Fin. Institution
