Recovery Officer

Job Description

Title: Recovery Officer

Company Name: Advanced Chemical Industries PLC (ACI)

Vacancy: --

Age: 30 to 40 years

Job Location: Anywhere in Bangladesh

Salary: --

Experience:

• At least 3 years
• The applicants should have experience in the following business area(s): Investment/Merchant Banking, Manufacturing (FMCG), Agro based firms (incl. Agro Processing/Seed/GM)

• Bachelor/Honors
• Bachelor/Honors

• At least 3 years
• The applicants should have experience in the following business area(s): Investment/Merchant Banking, Manufacturing (FMCG), Agro based firms (incl. Agro Processing/Seed/GM)

• Age 30 to 40 years
• Only Male

• Make a visit plan to contact the default accounts

• Make contact with relevant parties via phone calls/physical drive to establish their ability to pay

• Using various tracing methods to locate absconded clients

• Meet or exceed assigned daily, weekly, and monthly goals

• Involve local police stations and other local influential people to bring faster result  

• Be persistent in calling and contacting debtors

• Monitor and resolve financial discrepancies

• Address questions, complaints, or suggestions

• Negotiate repayment and financial plans as needed

• Negotiating settlements by arranging clients’ payments over longer time span

• Follow-up on committed dates

• Update and review all default accounts to keep records of payments up to date

• Represent the company when legal action is needed

• Inform upper management and leaders when legal action is needed and in place

• Resolve legal matters and update records