Head of IASD

Job Description

Title: Head of IASD

Company Name: ICB Islamic Bank Limited

Vacancy: 01

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Masters degree in any discipline preferably in Accounting / Finance from reputed university.

Experience Requirements:
∎ At least 5 year(s)

Job Context:
∎ A shariah based commercial bank is looking for a dynamic individual for Investment Administration & Supervision Department (IASD).
∎ Designation: Assistant Vice President (AVP)
∎ Position will be offered to the deserving candidates on the basis of experience and competence.
∎ This position has an opportunity to Head the Investment Administration & Supervision Department (IASD) of the bank in future based on competency & evaluation.
∎ This position is responsible for oversight and administration of the investment (credit) function for the Company.

Job Responsibilities:
∎ To ensure perfection of documentation in compliance with respective sanction terms.
∎ To ensure all security documentation are legally enforceable/valid.
∎ To ensure that the securities are perfected as per approval before utilization of facilities and duly insured where applicable and ensuring that all documents including facility advice letters and / or loan agreements are properly signed by the borrower's authorized signatory in the required places, and ensuring that the signatures are duly verified.
∎ To ensure that investment (credit) approval is properly reflected in the facility documentation and that it follows the investment (credit) policies as amended from time to time.
∎ To ensure all required information is received and reviewed for accuracy before releasing facility documents.
∎ To ensure that ICBIBL is adequately protected at all times through complete, valid, continuing and legally enforceable documents offering valuable consideration for the approved facilities.
∎ To ensure adherence with ICBIBL's lending policies and procedures, providing guidance when necessary, and making recommendations for enhancements as needed.
∎ To support Panel Lawyers and Investment (credit) Committee regarding vetting of documentation.
∎ To conduct the field and onsite visits to verify the proper usage of loan amount/security position.
∎ To track and monitor distressed loan portfolio,
∎ To ensure compliance of sanction terms/covenants including investment (credit) rating of all eligible customers.
∎ To monitor all loan/advances, documentation deficiencies, etc. for earliest perfection.
∎ To carry out other responsibilities as may be required time to time by the competent authority.

Additional Requirements:
∎ Age at most 45 years
∎ Age: maximum 45 years at the time of application.
∎ Minimum 05 years' practical experience of working in the Investment (credit) Administration Division of any reputed Bank.
∎ Candidates who have working experience in Centralized Investment (credit) Administration Division/Dept. will be given preference.
∎ Staying up-to-date with the regulatory laws governing the investment (credit) operation and the current industry trends to monitor performance of approved investment (credit).
∎ Candidates must be self motivated, target-oriented, able to work under pressure.
∎ Candidates should have a pleasant personality; be confident, sincere and proactive.
∎ Excellent interpersonal and communication skill and must be a team player.

Salary:
∎ Negotiable
∎ We offer competitive salary and other benefits as per the policy of the Bank

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 23 Oct 2021

Company Information:
∎ 11 Oct 2021
∎ ICB Islamic Bank Limited
∎ Address : 14th Floor, T.K Bhaban, Kawran Bazar, Dhaka
∎ Web : www.icbislamic-bd.com
∎ Business : Credit Analysis, Corporate banking, Assetv management

Category: Bank/Non-Bank Fin. Institution

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