Job Description

Title: Recovery Officer

Company Name: ICB Islamic Bank Ltd.

Vacancy: 02

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ MBA/Master in any discipline. Legal background will add value.

Experience Requirements:
∎ At least 3 year(s)

Job Responsibilities:
∎ Physically visit to the defaulter client and investment related mortgage property as well as submit visiting report thereof to the management.
∎ 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 various Proposal to the Management/Board for their decision 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 where will necessary.
∎ To made all related correspondence to the defaulter client in connection with the settlement.
∎ To conduct with panel solicitors to prepare 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 in different date fixed by the court till resolve the suits/cases.
∎ Preparing daily, weekly and monthly reports on Non-performing Loan (NPL) and Recovery Report as well as provides all information to the Management.
∎ To source buyers for selling mortgage property.

Additional Requirements:
∎ Age not more than 35 years at the date of application.
∎ Related experience in Banking will get preference.
∎ Bangladesh Bank guideline on classification of various types of loan.
∎ 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 to 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

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 13 Nov 2021

Company Information:
∎ 28 Oct 2021
∎ ICB Islamic Bank Ltd.

Category: Bank/Non-Bank Fin. Institution

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Source: bdjobs.com

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