Head of Special Assets Management (SAM)

Job Description

Title: Head of Special Assets Management (SAM)

Company Name: United Finance PLC

Vacancy: --

Age: At least 38 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 15 years
• The applicants should have experience in the following business area(s): Banks, Insurance, Leasing, Investment/Merchant Banking

• Bachelor of Business Administration (BBA) in Finance, Accounting, Banking
• Bachelor of Social Science (BSS) in Economics
• Bachelor of Law (LLB)

• MBA from a reputed institution will be preferred.

• Professional certifications such as CFA, FRM, CAMS, or equivalent will be considered an advantage.

• At least 15 years
• The applicants should have experience in the following business area(s): Banks, Insurance, Leasing, Investment/Merchant Banking

• Age At least 38 years

• Minimum 15 years of experience in Banks or Financial Institutions.

• At least 5 years of experience in Special Assets Management, Recovery, Credit Risk, or related functions.

• Minimum 3 years in a senior management role.

• Strong knowledge of classified loan management, legal recovery, restructuring, and Bangladesh Bank regulations.

• Experience in managing cross-functional stakeholders and recovery teams.

• Recovery & Collection Management

• Classified Asset Management

• Legal Recovery & Negotiation

• Regulatory Compliance

• Strategic Thinking

• Leadership & Stakeholder Management

• Analytical & Decision-Making Skills

United Finance PLC is a publicly listed company formed under Financial Institutions Act of Bangladesh. United Finance started its journey as a Non-Banking Financial Institution in 1989. United Finance is looking for a dynamic and hardworking professional for the position of Head of Special Assets Management (SAM).
Key Responsibilities

• Lead recovery, restructuring, rescheduling, and settlement initiatives for classified and stressed assets.

• Develop and implement recovery strategies to reduce non-performing loans and improve portfolio quality.

• Oversee legal recovery, litigation, repossession, and disposal of collateral and repossessed assets.

• Monitor recovery performance against approved targets and drive corrective actions.

• Ensure compliance with Bangladesh Bank regulations, internal policies, and recovery governance standards.

• Prepare recovery and portfolio reports for Management, Board Committees, and regulatory authorities.

• Collaborate with Business, Credit Risk, Operations, Legal, Compliance, and Branches to resolve problematic accounts.

• Lead, mentor, and develop the Special Assets Management team to achieve departmental objectives.

Additional Responsibilities

• Enhance recovery policies, procedures, and monitoring frameworks.

• Represent the department in audits, regulatory reviews, and stakeholder meetings.

• on recovery, Provide strategic recommendations provisioning, and asset quality improvement.

• Promote a culture of accountability, compliance, and continuous improvement.

Job Grade: Assistant General Manager - Deputy General Manager