Job Description

Title: Executive/Senior Executive - Interest Rate Change Processing

Company Name: IPDC Finance Limited

Vacancy: 2

Location: Dhaka

Salary: Negotiable

Experience:
∎ 2 to 3 years
∎ The applicants should have experience in the following business area(s):Banks

Published: 19 May 2024

Education:
∎ Bachelor/Honors

Requirements:

Responsibilities & Context:
∎ Rate Change Related Communication:Prepare rate change letters, emails, and SMS notifications in accordance with company policies and regulatory guidelines & ensure timely communication with customers regarding rate adjustments.
∎ Regulatory Compliance of Rate Change Process:Continuously monitor loan and lease accounts for rate changes as per regulatory guidelines.Collaborate with related business teams to obtain necessary management approvals.
∎ Rate Change Implementation:Oversee the execution of rate change processes across all loan and lease accounts.Ensure accurate application of rate adjustments.
∎ System Management:Enter system updates to reflect rate change implications after management approval.
∎ Collaboration for Automation:Work closely with the IT or Business Technology department to automate rate change notifications via email and SMS.
∎ Communication with Stakeholders:Partner with the General Administration department and Bangladesh Postal Service to dispatch Rate Change Letters to relevant parties.
∎ System Development:Create and refine a customized Rate Change Management System to meet IPDC Management’s specific needs.
∎ Regulatory Compliance:Vigilantly monitor regulatory guidelines to ensure full compliance with all loan servicing activities.
∎ Customer Service Excellence:Address loan-related inquiries from both internal and external customers with professionalism.
∎ Financial Analysis:Analyze the impact of interest rate adjustments on the loan portfolio.Contribute to financial forecasting through detailed reports.
∎ Rate Change Related Communication:Prepare rate change letters, emails, and SMS notifications in accordance with company policies and regulatory guidelines & ensure timely communication with customers regarding rate adjustments.
∎ Regulatory Compliance of Rate Change Process:Continuously monitor loan and lease accounts for rate changes as per regulatory guidelines.Collaborate with related business teams to obtain necessary management approvals.
∎ Rate Change Implementation:Oversee the execution of rate change processes across all loan and lease accounts.Ensure accurate application of rate adjustments.
∎ System Management:Enter system updates to reflect rate change implications after management approval.
∎ Collaboration for Automation:Work closely with the IT or Business Technology department to automate rate change notifications via email and SMS.
∎ Communication with Stakeholders:Partner with the General Administration department and Bangladesh Postal Service to dispatch Rate Change Letters to relevant parties.
∎ System Development:Create and refine a customized Rate Change Management System to meet IPDC Management’s specific needs.
∎ Regulatory Compliance:Vigilantly monitor regulatory guidelines to ensure full compliance with all loan servicing activities.
∎ Customer Service Excellence:Address loan-related inquiries from both internal and external customers with professionalism.
∎ Financial Analysis:Analyze the impact of interest rate adjustments on the loan portfolio.Contribute to financial forecasting through detailed reports.

Compensation & Other Benefits:
∎ Weekly 2 holidays, Insurance, Provident fund, Gratuity
∎ Festival Bonus: 2

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka

Job Highlights:
∎ This position is responsible for managing and implementing changes to interest rates, ensuring the competitiveness and compliance of our loan portfolio with market dynamics and regulatory standards.

Company Information:
∎ IPDC Finance Limited
∎ Hosna Center (4th Floor), 106 Gulshan Avenue, Dhaka - 1212
∎ IPDC Finance Ltd. is the first private sector financial institution of Bangladesh established in 1981. IPDC is credited with being the most innovative financial institution of the country partnering in many landmark projects as well as introducing many financial products which were first of its kind in the country. Today, IPDC is a diversified financial institution catering to Corporate, SMEs and Retail market segments.

Address::
∎ Hosna Center (4th Floor), 106 Gulshan Avenue, Dhaka - 1212
∎ IPDC Finance Ltd. is the first private sector financial institution of Bangladesh established in 1981. IPDC is credited with being the most innovative financial institution of the country partnering in many landmark projects as well as introducing many financial products which were first of its kind in the country. Today, IPDC is a diversified financial institution catering to Corporate, SMEs and Retail market segments.

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 31 May 2024

Category: Bank/Non-Bank Fin. Institution

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