Manager - Structured Credits

Job Description

Title: Manager - Structured Credits

Company Name: HBL BD LTD.

Vacancy: --

Age: At least 23 years

Job Location: Anywhere in Bangladesh

Salary: Negotiable

Experience:

• 5 to 7 years
• The applicants should have experience in the following business area(s): Multinational Companies, Garments Accessories

• Bachelor/Honors
• Masters

• Bachelor's or Master's degree from a recognized institution.

• A Law degree and experience in handling legal recovery matters will be considered an added advantage.

• 5 to 7 years
• The applicants should have experience in the following business area(s): Multinational Companies, Garments Accessories

• Age At least 23 years

Experience:

• 5-7 years of relevant professional experience in recovery, remedial management, litigation, or related banking functions.

Habib Bank Limited (HBL), a leading regional bank operating in Bangladesh, is seeking an experienced banking professional for the position of Manager - Structured Credits.

The incumbent will be responsible for managing the recovery and resolution of defaulted loans and advances by developing, recommending, and implementing customer-specific recovery strategies and action plans. The role involves overseeing recovery, restructuring, settlement, and legal recovery processes while ensuring full compliance with the Bank's credit policies and applicable regulatory requirements.

Job Responsibilities:

• Develop and implement recovery strategies and action plans for delinquent and classified accounts in consultation with the Head of Risk Management.

• Negotiate and process restructuring, rescheduling, settlement, waiver, and write-off proposals in compliance with Bank policies and regulatory guidelines.

• Prepare credit memoranda and recommendations for approval by relevant authorities.

• Monitor recovery efforts and ensure timely execution of approved settlement and recovery plans until full and final resolution.

• Maintain regular communication and follow-up with defaulting borrowers through meetings, visits, correspondence, and other recovery initiatives.

• Initiate and coordinate legal actions against defaulting customers, ensuring timely approvals and accurate legal documentation.

• Coordinate with courts, regulatory bodies, law enforcement agencies, and other stakeholders as required to expedite recovery and resolution of defaulted accounts.

• Liaise with external legal counsel and monitor litigation progress to safeguard the Bank's interests and facilitate early resolution of cases.

• Prepare and provide periodic status updates and management reports on recovery actions, legal proceedings, and portfolio performance.

• Ensure adequate loan loss provisioning is maintained in accordance with internal credit policies and regulatory requirements.

• Prepare and submit regulatory reports, management information system (MIS) reports, and other statements required by Head Office, regulators, and senior management.

• Monitor compliance with approved recovery strategies, regulatory directives, and internal policies related to problem asset management.

• Support the achievement of recovery and portfolio quality targets through effective monitoring and proactive account management.

Location: Dhaka, Bangladesh (subject to transfer to any other location within the country)