Deputy Manager - Legal & Recovery
Job Description
Title: Deputy Manager - Legal & Recovery
Company Name: Peoples Leasing and Financial Services Limited
Vacancy: Not specific
Job Location: Dhaka
Employment Status: Full-time
Educational Requirements:
∎ MBA/ LLM/ M Com. with LLB from any reputed University.
∎ BAR Council Certificate is preferable.
Experience Requirements:
∎ At least 8 year(s)
Job Context:
∎ People`s Leasing and Financial Services Limited (PLFS) is a public listed Non Banking Financial Institution (NBFI) established on August 12, 1996 under Companies Act-1994 and within the ambit of Financial Institutions Act-1993. The company is having its Head office at Motijheel, Dhaka. The company has been undergoing Liquidation process for the last 02 years pursuant to Court Order No. 01 of 2019.
∎ Recently, the company is undergoing reconstruction process following the Court Order No. 96 dated 12.07.2021.
∎ To meet the company`s present need we are looking for some young, energetic, result oriented and self motivated candidates to serve the company.
Job Responsibilities:
∎ Having excellent skill on serving notice to the defaulted borrowers, termination of defaulted accounts, filling in the respective Courts.
∎ Conducting the cases for quick disposal, assisting Lawyers in conducting Court cases and relevant legal matters and maintaining communications with the Court officials.
∎ Assisting and coordinating with the company's panel Lawyers for legal issues.
∎ Obtaining legal opinion from panel Lawyers on different legal issues and assisting them for taking Legal action..
∎ Preparing quarterly /half yearly/yearly against defaulted borrower's case report.
∎ Taking necessary steps for auction and summon publications in the newspaper.
∎ Taking necessary steps for complying vehicle recovery process.
∎ Ensuring proper legal action in applicable cases against the defaulted clients.
∎ Ensuring collection of loan installments from the clients in due time.
∎ Executing arrest warrants issued by the Court against defaulter clients as when required.
∎ Cross checking the Borrower's account with the F&A department and preparing settlement memo with relevant documents.
∎ Checking, verifying and complying the proposed and re-scheduled mortgage document (Land/Flat/Building).
∎ Verifying the authenticity of proper documents in different land office and Tohshil office and collecting required documents from respective sub-registry office.
∎ Preparing case status and case activities report & communication the same with the Management.
∎ Proven track record for repossess of Lease assets and sound knowledge on Negotiable Instrument Act (NI Act) and Artha Rin Adalat and any other Court of Bangladesh.
∎ Any other job assigned by the Management from time to time.
Additional Requirements:
∎ Age 35 to 45 years
∎ At least 08 years of experience, minimum 3-5 years working experience in Legal / Recovery department of Bank/NBFI.
∎ Should have adequate knowledge on computer system.
∎ Planning, complex problem resolution skills and analytical ability.
∎ Capable of multitasking with strong communication and presentation skills
∎ Willingness to work beyond general business hours under extreme pressure.
∎ Strong interpersonal skills to deal with management as well as customers.
∎ Dedicated, and hardworking with team spirit and a person of integrity and professionalism.
∎ Strong leadership skills with excellent multidisciplinary knowledge.
Salary: Negotiable
Compensation & Other Benefits:
∎ Competitive compensation package and benefits as per the rules and regulations of the Company.
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 9 Jun 2022
Company Information:
∎ 29 May 2022
∎ Peoples Leasing and Financial Services Limited
Category: Bank/Non-Bank Fin. Institution
