Job Description

Title: Recovery Officer

Company Name: ICB Islamic Bank Ltd.

Vacancy: 01

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Masters degree in any discipline
∎ Skills Required: Client hunting, Negociation Skill

Experience Requirements:
∎ At least 5 year(s)
∎ The applicants should have experience in the following area(s): Credit Recovery

Job Responsibilities:
∎ Physical visit to the defaulter client, guarantor, mortgage property and preparation of visit report thereof for the management appraisal.
∎ To take all necessary step for recovery of the Bank due's through Re-schedulement, Declassification and Compromise Settlement with the defaulter clients.
∎ To prepare account synopsis for the Management/Board for their decision on settlement proposal of defaulter clients and prepare sanction letter after getting approval.
∎ To monitor the reschedule/settlement accounts for regular payment as per settlement arrangement. To keep total security cheque and issue remainder letter to the client for payment as necessary.
∎ Prepare & monitor issuance of final demand notice to defaulter client, guarantor & mortgagor.
∎ To made all related correspondence to the defaulter client in connection with the settlement.
∎ Liaison with Legal Department for issuance of legal notice and subsequent filing of case.
∎ To conduct with panel solicitors to prepare case summary for the Legal procedure against the defaulter client under N.I Act section-138, Artha Rin Adalat Ain-2003 and others.
∎ To attend the various courts after filing the suit against the defaulter clients on different date fixed by the court till final judgment of the suits/cases.
∎ Prepare and submission of court progress and lawyers skill of handling respective case.
∎ Preparing daily, weekly and monthly reports on Non-performing Loan (NPL) and Recovery Report as well as provides all information to the Management.
∎ Work as a team to achieve monthly recovery target.
∎ To source buyers for selling mortgage property

Additional Requirements:
∎ Age at most 40 years
∎ Both males and females are allowed to apply
∎ Age not more than 40 years at the date of application.
∎ Related experience in Banking will get preference.
∎ Knowledge on Bangladesh Bank guideline on classification of various types of loan and related circulars.
∎ Knowledge on Artha Rin Adalat Ain-2003 and on N. I Act.
∎ Knowledge on negotiating with defaulter clients for Re-schedule and compromise settlement.
∎ Technique of obtaining / gathering knowledge on the location, ownership and description of mortgagor and mortgage properties.
∎ Knowledge of pressurizing defaulter clients by official process and force for settlement.
∎ Knowledge on making/preparing/guiding panel lawyer for drafting plaint for cases/suits.
∎ Knowledge on lower court procedures and attending court to protect Bank interest while giving witness.
∎ Sourcing potential buyers to dispose off mortgage properties.

Salary: Negotiable

Compensation & Other Benefits:
∎ T/A, Mobile bill, Provident fund, Weekly 2 holidays, Insurance, Gratuity
∎ Festival Bonus: 2

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 20 Jun 2023

Company Information:
∎ 7 Jun 2023
∎ ICB Islamic Bank Ltd.
∎ Address : T.K. Bhaban (15th Floor), 13-Kazi Nazrul Islam Avenue. Kawran Bazar, Dhaka-1215.
∎ Web : www.icbislamic-bd.com

Category: Bank/Non-Bank Fin. Institution

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Source: bdjobs.com

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