FAVP/ AVP, Credit Administration Department (CAD)

Job Description

Title: FAVP/ AVP, Credit Administration Department (CAD)

Company Name: Strategic Finance Investments Ltd

Vacancy: Not specific

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Masters/ MBA in Finance, Accounting, Economics from a reputed university.

Experience Requirements:
∎ At least 7 year(s)

Job Responsibilities:
∎ To draft documents, loan documentation, credit documents, security documents, security registration to ensure compliance with internal regulations, procedures of the company and ensure regulatory requirements.
∎ Understanding of entire credit process, including the approval of credit to borrowers, assessment of the creditworthiness of potential customers, and credit performance of existing borrowers.
∎ Ensuring all security documentation complies with the terms of approval and are legally enforceable.
∎ Staying up-to-date with the regulatory laws governing the credit industry and the current industry trends to know whether or not to approve specific types of loans.
∎ Supporting Panel Lawyers and Credit Committee of the Company regarding Vetting and Opinion.
∎ Conducting the field and onsite visits to verify the proper usage of loan amount.
∎ Track classified loan portfolio, management credit quality reviews and Risk Rating System.
∎ Providing support, credit information, and loan policies and procedures to ensure the quality of the company's lending portfolio.
∎ Monitoring all loan/advances, documentation deficiencies, etc.
∎ Monitor repayment progress and leading collections initiatives for delinquent accounts.
∎ Ensure compliance and regulations of Central Bank and other regulatory bodies.
∎ Maintain credit related Bangladesh Bank reporting.
∎ Monitor early alert, excess over limit, portfolio at risk, limit utilization and other credit risk indicators.
∎ Maintain relevant data and prepare MIS for the senior management.
∎ Regular entry into software and supporting the month end process.
∎ Executing any other duties as and when required by the Management or Line Manager.

Additional Requirements:
∎ 7 years' practical experience of working in the Credit Administration Division including 2 years as Deputy HoCAD position in reputed Bank or Financial Institution;
∎ Knowledge about lending policy, process and documentation along with, compliance and regulatory issues;
∎ Well known on Standard Operating Procedure (SOP) of CAD;
∎ Good command over written and spoken English;
∎ Superior time management and planning skills;
∎ Ability to manage external parties such as Bangladesh Bank, Lawyer;
∎ Knowledge about accounting software;
∎ Computer literacy and affluent to prepare presentation.

Salary:
∎ As per company policy

Application Deadline: 20 Aug 2020

Company Information:
∎ 6 Aug 2020
∎ Strategic Finance & Investments Ltd
∎ Business : Strategic Finance & Investments Limited is a full-service multi product financial institution. It is a consortium of prominent institutional investors from US, Canada, and Bangladesh holding 98% share stake and ready access to low cost long term funding sources from foreign and local markets. We provide a complete array of industry leading products and services including lending in Corporate, SME and Retail, Term Deposit taking, Saving Schemes, and Corporate Advisory. Our focus areas for investments are infrastructure, manufacturing, SMEs, cluster based financial inclusion, exports, green projects, agro, emerging industries, technology and innovation.

Category: Accounting/Finance