Associate Manager-Senior Manager, Special Asset Management

Job Description

Title: Associate Manager-Senior Manager, Special Asset Management

Company Name: BRAC Bank PLC

Vacancy: --

Age: Na

Job Location: Anywhere in Bangladesh

Salary: --

Experience:

• 4 to 10 years

• Graduation from a reputed UGC-approved university. A degree in Finance, Accounting, Marketing, Management, Economics, or Law is preferred. MBA/ Masters/ Professional degree will be considered as an added advantage.

• 4 to 10 years

• 4-10 years of experience in the banking sector or NBFI. (Relevant experience in Corporate/Commercial Business/ Credit Risk Management/ Special Asset Management/ Corporate Recovery is required)
• Understanding of the entire credit lifecycle and Corporate Banking products.
• Must possess analytical skills and be data-driven in decision-making.
• Must have strong interpersonal communication skills.
• Effective written and oral communication in English.
• Positive, energetic, and adaptive to change.
• Digital Readiness – Proficient in working on MS Office & Android / Apple Platforms
• Be Customer-centric, self-propelled, and capable of meeting deadlines.

• BRAC Bank, a leading sustainable bank in Bangladesh, is committed to becoming the best bank in the country. It has pioneered SME Banking in Bangladesh and offers a comprehensive range of banking services to individuals and business entities. BRAC Bank stands out as a beacon of financial inclusion with solid financials, top credit ratings, and numerous accolades.
• BRAC Bank seeks an ambitious, intelligent, purpose-driven, and enthusiastic individual for the following position in its Corporate Banking Division:

KEY RESPONSIBILITIES:

• Recovery from non-performing and written-off loans of corporate portfolio.
• Participate and contribute to recovery activities to achieve the planned target.
• Call/visit, make necessary communications with borrowers, and keep a record of the same.
• Regular and rigorous follow-up of corporate default borrowers/guarantors/mortgagors for settlement/negotiation.
• Maintain files and MIS of borrowers and share them with relevant stakeholders as required (Internal and external auditors/authorities, CAD, legal, finance, ICC, etc.).
• Prepare memos for rescheduling, take the initiative to execute them, and follow up as per approved terms and conditions.
• Assist the Head of Department in making action plans per the department, bank, and statutory policies, acts, and guidelines.
• Ensure legal proceedings are taken promptly and liaise with internal and external stakeholders/lawyers.
• Follow up on legal steps against the borrowers and take initiatives for advancement.
• Prepare memos for full and final settlement/partial settlement/collateral release/ release of sponsor/sole name, etc.
• Perform any other duties assigned by the Head of Department occasionally, etc.