Job Description
Title: Associate Manager-Senior Manager, Special Asset Management
Company Name: BRAC Bank PLC
Vacancy: --
Location: Anywhere in Bangladesh
Minimum Salary: Negotiable
Published: 31 Jul 2024
Education:
∎ 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.
Requirements:
Additional Requirements:
∎ 4-10 years of experience in the banking sector or NBFI. (For Associate Manager: minimum of two and for Manager/Senior Manager: minimum of four years of 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.
Responsibilities & Context:
∎ 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.
∎ BRAC Bank offers a wide array of financial products like savings account, salary account etc. to its customers. The role holder will be the first level of customer interaction who will be responsible for creating new client relationships as well as helping deepen relationships with the existing clients. Relationship Officer/ Senior Relationship Officer, Retail Sales are required to operate in a specific catchment, wherein they can identify new customers for selling the retail products of the bank.
∎ KEY RESPONSIBILITIES:
Employment Status: Full Time
Job Location: Anywhere in Bangladesh
Read Before Apply: BRAC Bank is a values-driven organization that prioritizes the protection of all its stakeholders, including coworkers and the community we work in, from harassment, abuse, neglect, exploitation, and discrimination. As an equal opportunity enabler, BRAC Bank encourages applications from any gender-diverse individuals and persons living with a disability. We consider personal persuasion to be a disqualification of candidature.
If you want to take up the challenge, please 'Apply Online.'
Apply Online
Only short-listed candidates will be communicated for the next stage as per the recruitment process. BRAC Bank reserves the right to accept or reject any application without assigning any reason whatsoever.
BRAC Bank does not charge any fee at any stage of the recruitment process.
Company Information:
∎ BRAC Bank PLC
∎ Anik Tower (Level-9), 220/B, Tejgaon Gulshan Link Road, Dhaka-1208
∎ BRAC Bank is one of the top sustainable banks in Bangladesh. Established with a view to financial inclusion, BRAC Bank is the pioneer of SME Banking in Bangladesh, delivering a full array of banking services to individuals and business entities. Its strong financials, along with the best credit rating from the top global and local rating agencies and numerous recognitions, speak of the bank`s aspiration towards becoming the best bank in the country.
Address::
∎ Anik Tower (Level-9), 220/B, Tejgaon Gulshan Link Road, Dhaka-1208
∎ BRAC Bank is one of the top sustainable banks in Bangladesh. Established with a view to financial inclusion, BRAC Bank is the pioneer of SME Banking in Bangladesh, delivering a full array of banking services to individuals and business entities. Its strong financials, along with the best credit rating from the top global and local rating agencies and numerous recognitions, speak of the bank`s aspiration towards becoming the best bank in the country.
Application Deadline: 10 Aug 2024
Category: Bank/Non-Bank Fin. Institution
