Special Asset Management Division-Associate Officer to Assistant Vice President

Job Description

Title: Special Asset Management Division-Associate Officer to Assistant Vice President

Company Name: A reputed Private Commercial Bank

Vacancy: --

Location: Anywhere in Bangladesh

Minimum Salary: Negotiable

Experience:
∎ At least 2 years

Published: 24 May 2025

Education:
∎ Masters, Master of Business Administration (MBA)
∎ MBA/Master's in any discipline from reputed university with no third division in academic records.
∎ Relevant professional degree will be given preference
∎ MBA/Master's in any discipline from reputed university with no third division in academic records.
∎ Relevant professional degree will be given preference

Requirements:

Additional Requirements:
∎ Experience Requirements:
∎ Minimum 2 (Two) years of working experience in commercial Banks/Financial Institutions.
∎ Candidates having experience in Special Asset Management Division will be preferred.
∎ Knowledge, Competencies and Skills:
∎ Excellent Communication and leadership skills.
∎ High success records in recovery and notable contribution in all buckets.
∎ Good knowledge of classification of loans, regulatory guidelines, provisioning and strategies of recovery.
∎ Having in-depth knowledge on banking regulatory framework and guidelines.
∎ Experience Requirements:
∎ Minimum 2 (Two) years of working experience in commercial Banks/Financial Institutions.
∎ Candidates having experience in Special Asset Management Division will be preferred.
∎ Knowledge, Competencies and Skills:
∎ Excellent Communication and leadership skills.
∎ High success records in recovery and notable contribution in all buckets.
∎ Good knowledge of classification of loans, regulatory guidelines, provisioning and strategies of recovery.
∎ Having in-depth knowledge on banking regulatory framework and guidelines.

Responsibilities & Context:
∎ Manage relationship with the non-performing Retail, Corporate & SME borrowers of the Bank and thereby reduce Bank's NPL ratio at a sustainable level.
∎ Appropriate measures against assets with bleak recovery prospect.
∎ Communicating with customers through calls and visits, maintaining records of interactions.
∎ Contribute to the income A/C of the Bank.
∎ Maintain liaison with clients, other creditors, consultants and regulatory bodies as required to ensure efficient asset management of the bank.
∎ Visit customer business premises, residential addresses, mortgaged properties, Tahsil offices, and other relevant location to verify and collect information.
∎ Draft board memos, management memo, and office note for settlement approvals.
∎ Manage and monitor a portfolio of non-performing and written-off loans.
∎ Ensure compliance with internal policies and procedures and regulatory requirements with Bangladesh Bank.
∎ Determine account plan / exit/ recovery strategy for special assets and achieve planned recovery targets.
∎ Preparing memos and executing restructuring and rescheduling of accounts.
∎ Initiate legal processing upon requirement & maintain relationship with regulators, law enforcement teams and lawyers.
∎ Job Grade: Associate Officer – Assistant Vice President
∎ Key Job Responsibilities:
∎ Manage relationship with the non-performing Retail, Corporate & SME borrowers of the Bank and thereby reduce Bank's NPL ratio at a sustainable level.
∎ Appropriate measures against assets with bleak recovery prospect.
∎ Communicating with customers through calls and visits, maintaining records of interactions.
∎ Contribute to the income A/C of the Bank.
∎ Maintain liaison with clients, other creditors, consultants and regulatory bodies as required to ensure efficient asset management of the bank.
∎ Visit customer business premises, residential addresses, mortgaged properties, Tahsil offices, and other relevant location to verify and collect information.
∎ Draft board memos, management memo, and office note for settlement approvals.
∎ Manage and monitor a portfolio of non-performing and written-off loans.
∎ Ensure compliance with internal policies and procedures and regulatory requirements with Bangladesh Bank.
∎ Determine account plan / exit/ recovery strategy for special assets and achieve planned recovery targets.
∎ Preparing memos and executing restructuring and rescheduling of accounts.
∎ Initiate legal processing upon requirement & maintain relationship with regulators, law enforcement teams and lawyers.

Skills & Expertise:

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Anywhere in Bangladesh

Read Before Apply:

Application Procedure: Interested candidates are requested to apply by June 15, 2025. No hard copy of application will be accepted.