Job Description
Title: Manager/Senior Manager-SAM
Company Name: IPDC Finance Limited
Vacancy: 01
Location: Dhaka
Salary: Negotiable
Experience:
∎ 7 to 12 years
∎ The applicants should have experience in the following business area(s):Banks
Published: 16 Jul 2024
Education:
∎ Bachelor of Business Administration (BBA)
Requirements:
Responsibilities & Context:
∎ People Management and Effective Communication:i. Managing existing SAM clients for reducing the NPL ration and maintain regular negotiation.ii. Staying round-the-clock contact with existing SAM clients in regard of any policy changes, NPL recovery, restructure/rescheduling to reduce the NPL rate of the company, ensuring smooth service and handling critical cases for recovery.iii. Identify key areas for overall NPL recovery and maintain effective communication between management and SAM client.
∎ Review and Monitoring of Critical Accounts & Write-off Client:i. Makes effective negotiation with write-off clients. Also visit & calls to write – off clients to ensure write-off recovery.ii. Ensuring detail review, timely collection and monitoring respective critical accounts specially write – off clients with target amount and deadline.
∎ Forecasting future NPL summary & Legal Compliance:i. By Analyzing each source of information, forecast the future NPL summary.ii. Communicating with assigned lawyers in respect of proper documentation regarding accounts under Litigation/Legal Action and accordingly representing in the court on behalf of IPDC.
∎ Maintain Recovery Strategy, task allocation, prepare memoi. Prepare recovery strategies to achieve the recovery targetii. Allocate strategic task among the department memberiii. Motivate team members to achieve recovery targetiv. Prepare settlement, write-off, reschedule, restructure and others important memo for management and ECClient Visit for overdue Issue.v. Maintain good rapport and communication with overdue clientsvi. Visit overdue client premises for recovery purposevii. Alert client to pay off overdue/full outstanding amount to avoid further legal actions.
∎ Observation & Investigation-i. Keep SAM client under regular inquiry for alternative source of fundii. Identify the reasons behind the overdue and take necessary recovery action according to the reason.iii. Keep regular investigation to SAM client to find out weak points of client for overdue recovery.iv. Regular inquiry for keeping trace SAM client’s current premises.v. Doing proper investigation for tracing out absconded client.
∎ Observation & Investigation-i. Keep SAM client under regular inquiry for alternative source of fundii. Identify the reasons behind the overdue and take necessary recovery action according to the reason.iii. Keep regular investigation to SAM client to find out weak points of client for overdue recovery.iv. Regular inquiry for keeping trace SAM client’s current premises.v. Doing proper investigation for tracing out absconded client.
∎ Collection, Account Settlement, Restructure & Reschedule -i.Try to find out a complete solution for settlement or overdue recoveryii. Ensure overdue payment from SAM clientiii. Ensure account full settlementiv. Negotiate for rescheduling/restructuring to maximize organisation profit
∎ Team Worki. Maintain good communications with branches and other related department like operation, legal, CRM etc.ii. Communicate between external and internal stakeholders to ensure smooth work process.iii. Perform group visit if required.
∎ People Management and Effective Communication:i. Managing existing SAM clients for reducing the NPL ration and maintain regular negotiation.ii. Staying round-the-clock contact with existing SAM clients in regard of any policy changes, NPL recovery, restructure/rescheduling to reduce the NPL rate of the company, ensuring smooth service and handling critical cases for recovery.iii. Identify key areas for overall NPL recovery and maintain effective communication between management and SAM client.
∎ Review and Monitoring of Critical Accounts & Write-off Client:i. Makes effective negotiation with write-off clients. Also visit & calls to write – off clients to ensure write-off recovery.ii. Ensuring detail review, timely collection and monitoring respective critical accounts specially write – off clients with target amount and deadline.
∎ Forecasting future NPL summary & Legal Compliance:i. By Analyzing each source of information, forecast the future NPL summary.ii. Communicating with assigned lawyers in respect of proper documentation regarding accounts under Litigation/Legal Action and accordingly representing in the court on behalf of IPDC.
∎ Maintain Recovery Strategy, task allocation, prepare memoi. Prepare recovery strategies to achieve the recovery targetii. Allocate strategic task among the department memberiii. Motivate team members to achieve recovery targetiv. Prepare settlement, write-off, reschedule, restructure and others important memo for management and ECClient Visit for overdue Issue.v. Maintain good rapport and communication with overdue clientsvi. Visit overdue client premises for recovery purposevii. Alert client to pay off overdue/full outstanding amount to avoid further legal actions.
∎ Observation & Investigation-i. Keep SAM client under regular inquiry for alternative source of fundii. Identify the reasons behind the overdue and take necessary recovery action according to the reason.iii. Keep regular investigation to SAM client to find out weak points of client for overdue recovery.iv. Regular inquiry for keeping trace SAM client’s current premises.v. Doing proper investigation for tracing out absconded client.
∎ Observation & Investigation-i. Keep SAM client under regular inquiry for alternative source of fundii. Identify the reasons behind the overdue and take necessary recovery action according to the reason.iii. Keep regular investigation to SAM client to find out weak points of client for overdue recovery.iv. Regular inquiry for keeping trace SAM client’s current premises.v. Doing proper investigation for tracing out absconded client.
∎ Collection, Account Settlement, Restructure & Reschedule -i.Try to find out a complete solution for settlement or overdue recoveryii. Ensure overdue payment from SAM clientiii. Ensure account full settlementiv. Negotiate for rescheduling/restructuring to maximize organisation profit
∎ Team Worki. Maintain good communications with branches and other related department like operation, legal, CRM etc.ii. Communicate between external and internal stakeholders to ensure smooth work process.iii. Perform group visit if required.
Skills & Expertise:
Compensation & Other Benefits:
∎ Performance bonus, Provident fund, Weekly 2 holidays, Insurance, Gratuity
∎ Festival Bonus: 2
Workplace:
∎ Work at office
Employment Status: Full Time
Job Location: Dhaka
Job Highlights:
Company Information:
∎ IPDC Finance Limited
∎ Hosna Center (4th Floor), 106 Gulshan Avenue, Dhaka - 1212
∎ IPDC Finance Ltd. is the first private sector financial institution of Bangladesh established in 1981. IPDC is credited with being the most innovative financial institution of the country partnering in many landmark projects as well as introducing many financial products which were first of its kind in the country. Today, IPDC is a diversified financial institution catering to Corporate, SMEs and Retail market segments.
Address::
∎ Hosna Center (4th Floor), 106 Gulshan Avenue, Dhaka - 1212
∎ IPDC Finance Ltd. is the first private sector financial institution of Bangladesh established in 1981. IPDC is credited with being the most innovative financial institution of the country partnering in many landmark projects as well as introducing many financial products which were first of its kind in the country. Today, IPDC is a diversified financial institution catering to Corporate, SMEs and Retail market segments.
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 23 Jul 2024
Category: Bank/Non-Bank Fin. Institution
