Senior Manager, SAM_Corporate (SVP)

Job Description

Title: Senior Manager, SAM_Corporate (SVP)

Company Name: ONE Bank PLC

Vacancy: 01

Age: At least 40 years

Job Location: Chattogram, Dhaka

Salary: Negotiable

Experience:

• At least 15 years
• The applicants should have experience in the following business area(s): Banks

Master’s degree from any reputed University (UGC approved)

• At least 15 years
• The applicants should have experience in the following business area(s): Banks

• Age At least 40 years

• Minimum 15 years of experience in any reputed Bank with at least 5 years of loan recovery experience.

• Effective negotiation & problem-solving abilities.

• Effective time mapping to maximize outcome.

• Excellent interpersonal and leadership skill.

• Strong ethics and reliability.

• Strict adherence to AML / Compliance, and Central Bank Guidelines in line with the banks policy.

• Excellent presentation skill.

Job Context

Managing Corporate portfolio of bank’s Special Asset Management Department through handle and recovery of non-performing loans.

Job Responsibilities

• Develop and execute loan recovery strategies to minimize Non-Performing Loans (NPLs) of Corporate segment of the Bank and optimize recovery outcomes.

• Regularly monitor and manage Non-Performing Loans, categorizing them based on risk levels and taking necessary actions to reduce delinquency.

• Ensure compliance with Bangladesh Bank regulations, legal requirements and internal policies related to loan recovery and write-offs.

• Supervise recovery processes, guiding recovery officers to ensure timely follow-ups and effective recovery techniques.

• Collaborate with legal teams to initiate and oversee legal proceedings, including lawsuits, auctions or other legal actions against defaulters.

• Analyze recovery performance, monitor trends and provide senior management with data-driven reports and recommendations for improvement.

• Oversee the valuation, maintenance and disposal of collateral assets taken against defaulted loans.

• Develop and implement early warning systems to identify potential defaulters in advance and take preventive actions.

• Lead, train and motivate recovery teams to improve their skills, performance and overall success in loan recovery.

• Preparation of recovery MIS, placement of memorandum to the Board and Management.