Deputy Manager/ Manager for Recovery Department

Job Description

Title: Deputy Manager/ Manager for Recovery Department

Company Name: A Reputed Leasing Company

Vacancy: --

Age: At least 29 years

Job Location: Dhaka

Salary: --

Experience:

• At least 7 years
• The applicants should have experience in the following business area(s): Leasing, Reptile Firms

• Bachelor/Honors
• Masters

• At least 7 years
• The applicants should have experience in the following business area(s): Leasing, Reptile Firms

• Age At least 29 years

• At least 07 years and above practical experience in Financial Institutions in relevant field.

• Well conversant in regulatory requirements, NBFI rules & regulations.

• Strong analytical and documentation skills.

• Consistently demonstrates clear and concise written and verbal communication.

• For higher deserving candidates requirements may be relaxed.

• Strategic Planning: Designing and executing targeted recovery plans for pre-NPL, NPL, and written-off accounts to maximize asset recovery while keeping additional losses minimal.

• Portfolio Monitoring: Tracking credit risk trends and loan classifications to prevent future defaults and report the portfolio`s health to senior management.

• Borrower Negotiation: Leading communications with delinquent borrowers and guarantors to establish feasible repayment schedules, loan restructurings, or settlement plans.

• Legal and Regulatory Compliance: Overseeing formal recovery actions including foreclosures, litigation, and collateral auctions while ensuring all activities comply with central bank guidelines and financial laws.

• Any others task assigned by the Management.