Job Description

Title: Head of Special Asset Management

Company Name: Uttara Finance and Investments Limited

Vacancy: Not specific

Job Location: Dhaka (Tejgaon)

Employment Status: Full-time

Educational Requirements:
∎ Post-Graduation preferably in Banking & Finance/ Marketing/ Economics/ Business Administration or other related discipline from a reputed university.
∎ Having MBM/ MBA from public universities will be preferred

Experience Requirements:
∎ 10 to 15 year(s)

Job Context:
∎ Uttara Finance and Investments Limited, a joint venture leasing and financing company, registered as a nonbanking financial institution in the year 1995 with license from Bangladesh Bank to operate and transact all kinds of business as provided under the relevant laws. UFIL upholds its commitment towards the development of financial service sector by offering high quality services to the local entrepreneurs. With its continuous drive to improve, UFIL is well on track to be considered as one of the leading Financial Institution of the country.
∎ Job Location: Tejgaon (Head Office), Dhaka

Job Responsibilities:
∎ Monitor recovery/regularization/rescheduling of Classified Loans/NPL portfolio in line with banking laws and practices, policies & procedures
∎ Supervise the overall asset management process and ensure positive outcome
∎ Establish and implement effective policies for management of classified assets of the FI/Bank
∎ Direct and coordinate with internal & external legal counsels in dealing with classified accounts to ensure implementation of best legal strategies
∎ Develop staff with appropriate qualifications & skills for management of classified assets
∎ Provide support, advice & guidance to the branches in recovery of the classified loans
∎ Maintain liaison with clients, other creditors, consultants and regulatory bodies as required to ensure efficient asset management of the Company
∎ Formulate Budget for annual expenses of special asset management to ensure recovery at minimum costs & maximum profit
∎ Monitor proper utilization of budget for special asset management and maintain the quality of risk assets and ensure periodic review
∎ Implement the policy, guidelines, and circular of Bangladesh Bank as to Asset and Liability Management
∎ Ensure compliance with internal policies and procedures and regulatory requirements with Bangladesh Bank
∎ Assist and give regular update to Asset Liability Management Committee (ALCO) & MANCOM
∎ Coordinate with other divisions/branches as required to ensure maintaining of classified loan.

Additional Requirements:
∎ Age at most 50 years
∎ Ability to work under pressure and adapt to changes.
∎ Excellent written and verbal communication skills both in Bangla and English.
∎ Must have literacy in computer operation (Especially in MS Office and Various Software).
∎ Must be dynamic, energetic, self-motivated and self-organized with a positive attitude.
∎ Ability to work with Top Management.
∎ Leadership and Team Management skills.
∎ Minimum 10/15 years of experience in Corporate Banking out of which at least 5 years must be in recovery / Special Asset Management.
∎ Having in-depth knowledge of bank / FI Operations, Finance, Control and Risk Management and Asset liability management
∎ Having in-depth knowledge on FI regulatory framework and guidelines on Asset Liability Management
∎ High success records in management of classified assets of financial institutions / private bank
∎ Having excellent analytical skills as well as sound computer literacy
∎ Able to work under pressure and have positive mind-set

Salary:
∎ As per Company Policy

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 25 Aug 2023

Company Information:
∎ 30 Jul 2023
∎ Uttara Finance and Investments Limited

Category: Bank/Non-Bank Fin. Institution

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Source: bdjobs.com

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