Recovery Officer

Job Description

Title: Recovery Officer

Company Name: Islamic Finance and Investment PLC.

Vacancy: --

Age: At most 50 years

Job Location: Dhaka

Salary: --

Experience:

• At least 5 years

• Masters

• Must be Post graduate having no third division/class in the academic background.

• At least 5 years

• Age At most 50 years

• Minimum 5 years’ experience in related field of any Bank/Financial Institution.

• Age: Not more than 50 years.

• Sound knowledge in Vetting, Drafting, NI Act, Artha Rin Adalat Ain etc.

• Strong communication and interpersonal skills with adequate computer literacy.

• Proactive team player, positive mindset and ability to work under pressure.

• Ability to learn in-depth product, loan and legal knowledge quickly related to work

Islamic Finance and Investment PLC., the first Islamic Shariah-based Financial Institution of the country is

looking for official at Recovery, Monitoring & Legal Matters Division.

Job Responsibilities:

• Achieve recovery target as set by the Management for the period being.

• Persuasions with the borrowers, guarantors and any other people related to delinquent accounts.

• Conduct phone calls, physical visit, face to face meeting with related parties to ensure repayment of overdue liability.

• Prepare Recovery reports on a regular basis as desired by the management.

• Propose legal steps and regular follow up with legal team for faster disposal of case.

• Account wise proper negotiation for adjustment and actively assist in Compromise Settlement.

• Compliance of Bangladesh Bank rules and regulation in regard to assign task.

• Prepare effective strategy for recovery and execute the same.

• Liaison with branches, legal and different authority for recovery.

• Compensation & Other Benefits: Attractive Salary and Benefit Package will be offered to the selected candidate on the basis of experience & competency level of the selected candidate.