Loan Recovery Officer (Officer – Senior Executive Officer)

Job Description

Title: Loan Recovery Officer (Officer – Senior Executive Officer)

Company Name: Modhumoti Bank Limited

Vacancy: 01

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ LL, B (Hon’s), LL, M having no 3rd Class in overall academic record.

Experience Requirements:
∎ At least 3 year(s)

Job Responsibilities:
∎ To obtain necessary permission from the Management in connection with initiation of Legal action against the delinquent customers on demand basis;
∎ follow-up the Branches/Panel Lawyer for completion of legal process (such as issuing Legal Notice, publication of Auction Notice, filing of Suit(s)/Case(s)/Writ(s) etc.);
∎ Follow-up the dealing Lawyer/Branch regularly so that the Suit(s)/Case(s)/Writ(s) etc. for early disposal on regular basis;
∎ Preparation and update of MIS of Suit(s)/Case(s)/Writ(s) etc. on regular basis;
∎ Reporting the statement of Suit(s)/Case(s)/Writ(s) etc. to the Regulatory Authorities/Management on monthly/quarterly/Half yearly/Yearly or as and when required;
∎ Obtain necessary approval for approval of Legal fees, if required, on demand basis;
∎ Appointment of Lawyer (if required) upon approval of competent authority of the Bank for conducting of Suit/Case on demand basis;
∎ Maintain communication and relationship with the legal counsels, consultants, regulators, law enforcing agencies to facilitate recovery activities;
∎ Coordinate Bank’s panel Lawyers/Legal Retainer to provide service on Bank Legal issues;
∎ Jobs relating to Legal Affairs as assigned by the Superiors/competent Authority of the Bank;
∎ Any other work / responsibility as and when assigned by the Management of the Bank

Additional Requirements:
∎ Age at least 27 years

Salary: Negotiable

Job Source: Online Job Posting.

Application Deadline: 10 Dec 2023

Company Information:
∎ 16 Nov 2023
∎ Modhumoti Bank Limited
∎ Address : Modhumoti Bank, Head Office, Khandaker Tower (7-8 Floor), 94 Gulshan Avenue, Gulshan-1, Dhaka-1212
∎ Business : Our vision is to lead the new generation of local commercial banks by excelling in customer delivery through insight empowered employees, smart use of technology and a full range of highest quality products and services.

Category: Bank/Non-Bank Fin. Institution



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