Recovery Coordinator, Corporate Business

Job Description

Title: Recovery Coordinator, Corporate Business

Company Name: IPDC Finance PLC

Vacancy: 1

Location: Dhaka

Minimum Salary: Negotiable

Experience:
∎ 7 to 12 years
∎ The applicants should have experience in the following business area(s):Banks, Leasing

Published: 19 Jun 2025

Education:
∎ Bachelor/Honors in any discipline

Requirements:

Responsibilities & Context:
∎ Ensure overdue reduction by strategizing, negotiating, and following up with overdue clients as well as other stakeholders. Promptly address complaints and difficult calls.
∎ Ensure timely issuance and circulation of all written correspondence (e.g. OD letter, legal notice, etc.) whilst adhering to company policies and regulatory guidelines.
∎ Develop and enforce standards for quality control. Improve processes as required and guide stakeholders accordingly.
∎ Regularly monitor assigned accounts, follow up with stakeholders such as clients, RMs, BM, Legal Dept. etc. whilst regularly monitoring account information in CBS of sensitive overdue accounts and take steps for rectification.
∎ Design and implement recovery strategies, including but not limited to monitoring the number of visits as well as obtaining and reviewing visit reports.
∎ Stay updated on market and regulatory information to swiftly adjust strategies for recovery.
∎ Engage with the Legal dept. regarding timely issuance of NI Act notices, case filing, paper publications, facilitating auctions, etc. as well as case withdrawal, collection of warrant recall copy.
∎ Generate and circulate regular and ad-hoc MIS reports which includes but are not limited to overdue, CL, PAR, NPL, dishonored cheques, etc.
∎ Promptly address and generate responses to the queries of stakeholders, including clients and RMs.
∎ Any other task as given by Management from time to time.
∎
∎ Ensure overdue reduction by strategizing, negotiating, and following up with overdue clients as well as other stakeholders. Promptly address complaints and difficult calls.
∎ Ensure timely issuance and circulation of all written correspondence (e.g. OD letter, legal notice, etc.) whilst adhering to company policies and regulatory guidelines.
∎ Develop and enforce standards for quality control. Improve processes as required and guide stakeholders accordingly.
∎ Regularly monitor assigned accounts, follow up with stakeholders such as clients, RMs, BM, Legal Dept. etc. whilst regularly monitoring account information in CBS of sensitive overdue accounts and take steps for rectification.
∎ Design and implement recovery strategies, including but not limited to monitoring the number of visits as well as obtaining and reviewing visit reports.
∎ Stay updated on market and regulatory information to swiftly adjust strategies for recovery.
∎ Engage with the Legal dept. regarding timely issuance of NI Act notices, case filing, paper publications, facilitating auctions, etc. as well as case withdrawal, collection of warrant recall copy.
∎ Generate and circulate regular and ad-hoc MIS reports which includes but are not limited to overdue, CL, PAR, NPL, dishonored cheques, etc.
∎ Promptly address and generate responses to the queries of stakeholders, including clients and RMs.
∎ Any other task as given by Management from time to time.

Compensation & Other Benefits:
∎ Mobile bill, Performance bonus, Provident fund, Weekly 2 holidays, Insurance, Gratuity
∎ Salary Review: Yearly
∎ Festival Bonus: 2

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka

Job Highlights:
∎ Responsible for coordinating and managing overdue, PAR and NPL of Corporate portfolio whilst working closely with both internal and external stakeholders to maximize recovery outcomes.

Company Information:
∎ IPDC Finance PLC
∎ 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: 5 Jul 2025

Category: Bank/Non-Bank Fin. Institution