Senior Officer (Loan Monitoring)

Job Description

Title: Senior Officer (Loan Monitoring)

Company Name: Infrastructure Development Company Limited (IDCOL)

Vacancy: 1

Age: Na

Job Location: Anywhere in Bangladesh

Salary: --

Experience:

• At least 1 years

Bachelor/Master’s degree with major in Finance/Economics/Statistics/Management Information Systems having a minimum CGPA of 3.00;

• At least 1 years

• At least 01 (one) year work experience in relevant field;

• Strong written, communication and analytical skills in both Bengali and English;

• Strong computer skills in word processing and spreadsheet analysis.

As a champion of sustainable financing solutions, Infrastructure Development Company Limited (IDCOL) empowers transformative projects across diverse sectors. Join our dynamic team to drive positive change through sustainable development and shape a brighter, greener future.

Credit Administration Department (CAD)

Duties and Responsibilities

• Regularly monitor, develop and update database regarding various loan security and covenants as stipulated in the loan agreements;

• Ensure timely issuance of necessary letters/notices for different security & covenants as and when required;

• Ensure timely verification of security instruments before disbursement of fund and preserve relevant correspondence for future reference;

• Keep custody of security instruments along with relevant corresponding documents under various loan accounts;

• Prepare various periodic status reports regarding loan security and covenants or any other relevant reports for reporting to various stakeholders;

• Working with the IT team for developing/updating/modifying the security & covenant management software;

• Generating periodic invoices related to payment of installments against loans;

• Verifying that loan documentation is completed as per sanctioned terms and conditions and processing disbursement requests;

• Conduct periodic project site visits for monitoring project status, on-site verification of mortgaged properties and hypothecated assets;

• Arrange and coordinate various periodic loan monitoring meetings for management;

• Address queries of regulatory bodies and other external stakeholders and ensure satisfactory internal, regulatory and donor compliance;

• Any other activities as assigned by the Supervisor or Head of Department.

We offer attractive package