Recovery Executive (Contractual)

Job Description

Title: Recovery Executive (Contractual)

Company Name: Padma Bank Limited

Vacancy: 30

Job Location: Anywhere in Bangladesh

Employment Status: Contractual

Educational Requirements:
∎ Graduation or a Masters in any discipline from recognized public/private university. No 3rd class is allowed

Job Context:
∎ Padma Bank Limited, a leading fourth generation private commercial bank having 58 branches throughout the country wishes to recruit some competent, dynamic and suitable candidates for recovery in the position of Recovery Executive:
∎ HEADCOUNT REQUIREMENT:
∎ ZONE-1: Gulshan Corporate, Gulshan South, Mirpur, Polashbari, Aganager, Shyampur (5)
∎ ZONE-2: Motijheel, Mawna, Imamgonj, Bhulta, Bashundhara (8)
∎ ZONE-3: Mymensingh, Sherpur, Jamalpur, Haluaghat, Bakshigonj, Tarakanda, Netrokona, Nalitabari. Sreebordi (15)
∎ ZONE-4: Khatungonj, Lohagora, Chandpur, Hajigonj (2)
∎ GRAND TOTAL: 30

Job Responsibilities:
∎ Prime duty is to cash recovery from classified loan accounts
∎ Taking proper recovery steps to classified loan account by way of personally visit to each & every defaulted Borrower/Guarantor/Mortgagor's business addresses, office, residences, factories, mortgaged properties, near & dears and hold effective meeting for cash recovery & regularization of the assigned loan accounts
∎ Look prospective buyer aggressively to sale mortgaged property
∎ Give best recovery efforts for collecting required down payment [DP] as per BRPD circular for amicable settlement by way of Rescheduling/Restructuring/Settlements in time
∎ Achieve monthly/quarterly/half yearly Cash Recovery targets to be given by management from time to time
∎ Update daily recovery activities & report in Recovery Dashboard as well as maintain shadow file
∎ Keep liaison with local administration, Branch Officials, Law Division and other related Division for smooth & quick recovery

Additional Requirements:
∎ Age at most 30 years
∎ Involvement in extra curriculum activities & in social activities
∎ Young, Energetic, Courageous & having intention to work in a team

Salary:
∎ As per company policy

Compensation & Other Benefits:
∎ As per company policy

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 25 Oct 2021

Company Information:
∎ 14 Oct 2021
∎ Padma Bank Limited

Category: Bank/Non-Bank Fin. Institution

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