Recovery Official (PO-SPO), SAMD

Job Description

Title: Recovery Official (PO-SPO), SAMD

Company Name: A renowned private commercial Bank

Vacancy: Not specific

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Graduation/Masters/MBA from any reputed university
∎ 3rd Class/Division or CGPA below 2.25 out of 4.00 or CGPA below 2.82 out of 5.00 in any examination will not be allowed

Experience Requirements:
∎ 5 to 8 year(s)

Job Responsibilities:
∎ To follow-up Stressed /Exit/non-performing accounts (as distributed by Head of SAMD) for recovery by way of settlement/ rescheduling/ extension of validity/ waiver with the approval of the competent authority of the Bank.
∎ To visit these borrowers/guarantors and/or other relevant areas (outside/inside of Dhaka) with regular basis towards regularization/recovery of the accounts.
∎ To prepare Credit Proposal, Office Note in connection with recovery/management of NPL and to make all types of correspondence, specially Reschedulment & Restructuring & written-off Loans
∎ To communicate to the branch and head office regarding any loan related issues.
∎ To assist the legal department to file and execution of court cases
∎ To do the other relevant tasks or new assignment from time to time
∎ Should have the ability to meet the target as set by the Management to keep NPL ratio minimum and work under pressure
∎ To assist other co-worker by any means to develop the performance of the overall Unit.
∎ Provide timely and relevant departmental reports and management information report.
∎ Ensure compliance of all regulatory requirements and laws as per their guidelines.
∎ Assist in preparing departmental reports.
∎ Maintain liaison with regulators, law enforcement authority, law chambers, recovery agents, legal unit etc

Additional Requirements:
∎ Age 28 to 40 years
∎ Minimum 03 years of experience in related filed
∎ Good computer skills (MS Office, Excel/ E-mail handling etc.).
∎ Age limit may be relaxed for experience and deserving candidate

Salary:
∎ Negotiable
∎ Salary and designation will depend on experience and background of the selected candidates

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 15 Oct 2023

Company Information:
∎ 27 Sep 2023
∎ A renowned private commercial Bank

Category: Bank/Non-Bank Fin. Institution

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