Job Description

Title: Head, Credit Risk Management Division (SVP/EVP/SEVP)

Company Name: Midland Bank Limited

Vacancy: 1

Job Location: Dhaka

Employment Status: Full-time, Contractual

Educational Requirements:
∎ He/she must have Master's Degree, preferably, in Business discipline/Economics from any reputed Public/Private/Foreign University with good academic track record, having no Third Class/ Division/ Equivalent GPA/CGPA in the educational records.

Job Responsibilities:
∎ Designing, implementing and updating the bank's overall credit risk management policies and procedures to maintain healthy assets of the Bank.
∎ Supervise, monitor and administer activities of Credit Risk Management Division.
∎ Monitoring credit risk and ensure compliance with limits approved by the Board.
∎ Reviewing and supervising all types of credit proposals i.e. new, renewal, restructuring, enhancement etc. received from business units and placing before the Credit Committee with recommendation/observations in line with the credit policy of the Bank.
∎ Ensuring that the credit proposals have been duly analyzed, complying with the Bank's & regulators credit policies, guidelines & norms.
∎ Making recommendations to the competent authority for its approval, clear policies on standards for presentation of credit proposals, financial covenants, rating standards, etc.
∎ Ensure that recommendation falls under the purview of Bank's lending cap, industry cap, industry preference, liquidity preference, tenure preference and other considerable factors to ensure mobilizing quality assets.
∎ Ensure periodic review of client's performance, market/industry & facility parameters/limits and re-align the same as per changed dynamics/requirements.
∎ Build and maintain close cross-functional working relationships across the business to ensure that Risk management principles are understood and incorporated into plans and ensure effective credit risk management process.
∎ Monitoring and controlling the nature and compositions of the Bank's Credit portfolio with a view to identify problematic accounts that require remedial action and that appropriate action is recommended to the Chief Risk Officer (CRO).
∎ Develop and monitor the Credit Reporting & Monitoring framework which meets the requirements of various external & internal stakeholders.
∎ Ensure that the procedures in the environmental and social risk assessment system are aligned and integrated with the credit risk management process.
∎ Monitor credit portfolio of different business units and work closely with the units for reduction of classified loans and recovery of written off loans and advances.
∎ Brief the Management on all credit proposals and risks/benefit for the Bank before approval of the same.
∎ Any other responsibilities as and when required by the Management.

Additional Requirements:
∎ Age 40 to 59 years
∎ Candidate must be a citizen of Bangladesh.
∎ He/she must have at least 16 (Sixteen) years of experience, out of which, 03 (three) years as Head of CRM/Deputy Head of CRM in a scheduled commercial Bank. In case of large and older generation Banks, working as Unit Heads at CRM Division may apply.
∎ Candidate must have good credit understanding, in-depth knowledge about different sectors, working experience in Foreign Exchange Division and reasonable knowledge about syndication financing.
∎ Strong leadership abilities and effective communication skills to communicative all level of management.
∎ Strong management & motivation skills to drive high performance from the team with high standards and expectations to actively communicate & build risk awareness across the organization.
∎ Candidates will be treated strictly on merit, experience and performance record. Only short-listed candidates will be communicated and any sort of persuasion will result in disqualification. MDB reserves the right to accept or reject any application without assigning any reason whatsoever.

Salary:
∎ Competitive Salary

Compensation & Other Benefits:
∎ Other admissible benefits as per Service Rules of the Bank.

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 31 Dec 2023

Company Information:
∎ 14 Dec 2023
∎ Midland Bank Limited

Category: Bank/Non-Bank Fin. Institution

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Source: bdjobs.com

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