Officer/Senior Officer - Recovery & legal Affairs

Job Description

Title: Officer/Senior Officer - Recovery & legal Affairs

Company Name: A Leading Financial Institution

Vacancy: --

Location: Dhaka

Experience:
∎ 2 to 3 years

Published: 9 Jul 2024

Education:
∎ Masters Degree/MBA in Finance/Banking/Accounting from any recognized university; LLB will be treated as additional qualification.
∎ Candidates must possess 2nd class or higher CGPA;
∎ Masters Degree/MBA in Finance/Banking/Accounting from any recognized university; LLB will be treated as additional qualification.
∎ Candidates must possess 2nd class or higher CGPA;

Requirements:

Additional Requirements:
∎ Minimum 2-3 years working experience in Recovery & Legal Department of Banks/ Financial Institutions.
∎ Leadership skills, Team Building Skills, Self Starter, Proven Performer;
∎ Excellent Communication, Presentation and Interpersonal Skills;
∎ Strong Negotiation, Organizational and Problem Solving Skills;
∎ Must be target oriented with a focus to perform;
∎ Team player;
∎ Must be fluent in spoken and written English;
∎ Computer literate.
∎ Minimum 2-3 years working experience in Recovery & Legal Department of Banks/ Financial Institutions.
∎ Leadership skills, Team Building Skills, Self Starter, Proven Performer;
∎ Excellent Communication, Presentation and Interpersonal Skills;
∎ Strong Negotiation, Organizational and Problem Solving Skills;
∎ Must be target oriented with a focus to perform;
∎ Team player;
∎ Must be fluent in spoken and written English;
∎ Computer literate.

Responsibilities & Context:
∎ Planning, evaluating, implementing and continuously improving all aspects of recovery functions and processes.
∎ Frequent visit to the default clients.
∎ Visit customers’ offices, as and when required.
∎ Prepare notes, memos for re-scheduling and write-off, various reports regarding default clients.
∎ Maintain liaison with nearest Police Station.
∎ Maintain liaison with panel lawyers, arrange to collect case status from the panel lawyers and forward it to the Management.
∎ Maintain pending case status and arrange to send it to the Management in every month.
∎ Perform other duties as and when assigned by the Management.
∎ Must have sufficient knowledge about the Bank related laws (especially NI Act, Money Loan Act, Transfer of property Act and Contract Act), Legal issues and other Laws of the land related to Loan Recovery.
∎ Conversant with Loan classification and provision, Bangladesh Bank reporting, write off process.
∎ Sound knowledge about Mortgage procedures, Loan documentation, and Auction Procedures.
∎ A well reputed and established publicly listed Financial Institution operating under license granted by Bangladesh Bank, with an excellent reputation for service, quality and dynamism; is looking for career minded professionals with the conviction to perform, grow and face challenges.
∎ If you think you have what is asked for, we currently have openings in the position:-
∎ Planning, evaluating, implementing and continuously improving all aspects of recovery functions and processes.
∎ Frequent visit to the default clients.
∎ Visit customers’ offices, as and when required.
∎ Prepare notes, memos for re-scheduling and write-off, various reports regarding default clients.
∎ Maintain liaison with nearest Police Station.
∎ Maintain liaison with panel lawyers, arrange to collect case status from the panel lawyers and forward it to the Management.
∎ Maintain pending case status and arrange to send it to the Management in every month.
∎ Perform other duties as and when assigned by the Management.
∎ Must have sufficient knowledge about the Bank related laws (especially NI Act, Money Loan Act, Transfer of property Act and Contract Act), Legal issues and other Laws of the land related to Loan Recovery.
∎ Conversant with Loan classification and provision, Bangladesh Bank reporting, write off process.
∎ Sound knowledge about Mortgage procedures, Loan documentation, and Auction Procedures.

Compensation & Other Benefits:
∎ Competitive Pay Package with industry standard Employee Benefits.
∎ Competitive Pay Package with industry standard Employee Benefits.

Employment Status: Full Time

Job Location: Dhaka

Read Before Apply:

Candidates who meet these requirements and are willing to take the challenge are requested to send their latest CV with recent passport size photograph along with a covering letter to the head of HR,

Please mention the post applied for in the subject line of the e-mail.

Only shortlisted candidates will be invited for interview.