Head of Legal & Credit Recovery

Job Description

Title: Head of Legal & Credit Recovery

Company Name: Walton Hi-Tech Industries PLC.

Vacancy: --

Age: At least 37 years

Job Location: Dhaka (Basundhara RA)

Salary: Negotiable

Experience:

• At least 15 years

• At least 15 years

• Age At least 37 years

• Bachelor/Master degree from any reputed institution.

• Minimum 15 years of experience in Legal Affairs and Recovery Operations with at least 3–5 years of leadership experience managerial or departmental leadership role.

• Experience in manufacturing/distribution-based organizations is strongly preferred.

• Strong experience in handling litigation, debt recovery, and distributor management.

• High integrity and strong decision-making capability.

Legal Affairs Management

• Lead and oversee all legal matters including litigation, notices, agreements, and regulatory compliance to safeguard the organization’s legal position.

• Manage external counsels and ensure all legal actions are executed effectively, timely, and with optimal cost control.

• Review and validate all key agreements such as MoUs, supplier agreements, and distributor agreements to ensure alignment with legal standards and business interests.

• Ensure governance of legal documentation, maintaining accurate case records and providing management with strategic insights on legal risks.

• Lead high-stakes negotiations and dispute resolutions, ensuring outcomes that protect the organization’s financial and legal interests.

Recovery Management

• Lead nationwide recovery operations with a strong focus on chronic defaulters, long-outstanding accounts, and high-risk parties to ensure firm control over overdue dues.

• Develop and enforce structured recovery action plans—including escalation steps, field follow-ups, settlement negotiations, and legal intervention for non-cooperative parties.

• Assess and categorize defaulter distributors based on risk, payment behavior, dispute history, and recommend decisive actions.

• Coordinate with Finance & Accounts, Sales to resolve disputes related to pricing, invoicing, claims, or payment mismatches that affect recovery.

• Lead direct negotiations with difficult or long-term defaulters, ensuring settlements, restructuring of dues, or legal recovery actions to safeguard the company’s financial interests.

Leadership & Strategy

• Lead, mentor, and supervise the Legal & Recovery team.

• Establish departmental KPIs and ensure team performance meets targets.

• Prepare and present periodical reports on recovery performance, legal case status, and risk areas to senior management.

• Mobile bill

• Profit share

• Provident fund

• Insurance

• Lunch Facilities: Partially Subsidize

• Salary Review: Yearly

• Festival Bonus: 2