Sr. Executive / Assistant Manager (Credit Recovery)

Job Description

Title: Sr. Executive / Assistant Manager (Credit Recovery)

Company Name: Jamuna Electronics & Automobiles Ltd.

Vacancy: 8

Job Location: Anywhere in Bangladesh

Employment Status: Full-time

Educational Requirements:
∎ Bachelor degree in any discipline (Education qualification may be relaxed for experienced candidates)

Experience Requirements:
∎ At least 4 year(s)

Job Responsibilities:
∎ Monitor and track delinquent accounts within the organization's portfolio.
∎ Analyze and assess the reasons for delinquency and develop strategies to address them.
∎ Develop and implement effective debt recovery strategies, including negotiation, legal actions, and settlement agreements.
∎ Ensure compliance with regulatory requirements and industry best practices.
∎ Contact delinquent account holders to discuss repayment options, negotiate payment plans, and provide guidance on resolving outstanding debt.
∎ Collaborate with legal teams to initiate legal actions, including filing lawsuits, obtaining judgments, and executing liens or garnishments when necessary.
∎ Maintain accurate records of all actions taken in the recovery process.
∎ Provide regular reports and updates to senior management regarding recovery progress and performance.
∎ Ensure all documentation, including loan agreements, security documents, and correspondence, are accurately maintained and in compliance with legal and regulatory requirements.
∎ Oversee a team of recovery agents and provide guidance, training, and support to ensure team objectives are met.
∎ Conduct risk assessments to identify potential issues within the credit portfolio and recommend risk mitigation strategies.
∎ Stay updated on industry trends and best practices in credit recovery and adapt strategies to improve recovery rates and reduce losses.

Additional Requirements:
∎ Age at least 26 years
∎ Only males are allowed to apply
∎ The applicants should have experience in the following area(s):Cement industry, Electronics, Home appliances, Retail Operation, Steel manufacturing
∎ The applicants should have experience in the following business area(s): Group of Companies, Electronic Equipment/Home Appliances
∎ Defence backgound highly encourage to apply.
∎ Prior experience in credit recovery, debt collection, or a similar role.
∎ Strong knowledge of relevant laws, regulations, and industry standards.
∎ Excellent negotiation and communication skills.
∎ Analytical and problem-solving abilities.
∎ Leadership and team management skills.

∎ Competitive remuneration package will be offered to deserving candidates.

Compensation & Other Benefits:
∎ Tour allowance, Mobile bill, Incentives
∎ Salary Review: Yearly
∎ Smooth Career Path
∎ Friendly working environment
∎ Smooth career path for good performers.

Job Source: Online Job Posting.

Application Deadline: 4 Dec 2023

Company Information:
∎ 4 Nov 2023
∎ Jamuna Electronics & Automobiles Ltd.

Category: Accounting/Finance

: Candidates those who do not match the criteria need not apply. Potential applicants are requested to apply in confidence through bdjobs online or email your updated CV to [email protected] The name of the position should be mentioned in the subject line of the email.


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