Job Description
Title: Unit Head (Retail Credit)
Company Name: A reputed private commercial bank
Vacancy: --
Location: Dhaka
Salary: Negotiable
Experience:
∎ At least 10 years
∎ The applicants should have experience in the following business area(s):Banks
Published: 1 Apr 2024
Education:
∎ Masters from business background is preferred. Candidates must be from UGC approved university with a minimum CGPA 2.50 out of 4.00, no 3rd division allowed.
∎ Masters from business background is preferred. Candidates must be from UGC approved university with a minimum CGPA 2.50 out of 4.00, no 3rd division allowed.
Requirements:
Additional Requirements:
∎ Good Knowledge about SME & Corporate Credit.
∎ Clear idea about process of Asset Operations & Credit Administration.
∎ Experience in Leading, supervising and formulating strategies.
∎ Provide strategic inputs to the Departmental Head.
∎ Maintaining strong relationships with regulatory bodies to ensure compliance with local rules and regulations.
∎ Multiple stakeholder management·
∎ Process initiatives·
∎ Good Knowledge about SME & Corporate Credit.
∎ Clear idea about process of Asset Operations & Credit Administration.
∎ Experience in Leading, supervising and formulating strategies.
∎ Provide strategic inputs to the Departmental Head.
∎ Maintaining strong relationships with regulatory bodies to ensure compliance with local rules and regulations.
∎ Multiple stakeholder management·
∎ Process initiatives·
Responsibilities & Context:
∎ Enhance the bank's profitability and mitigate potential losses. Ensuring the retail loan files are aligned with relevant policies, procedures, market standards, and regulatory requirements. Closely monitoring and managing the assessment process, authorizations, fraud detection, and addressing queries effectively. Additionally, providing guidance and training to team members, along with reviewing approved and declined files regularly, help maintain a high performance level.
∎ Implementing an effective operating plan and controlling. Forecasting profitability of retail loan products through portfolio analysis, identifying delinquency trends, and assessing the impact of planned decisions on credit, marketing, and operations. Collaboration with the collection unit to gain insights and make informed decisions.
∎ Ensuring regulatory compliance by adhering to internal policies, procedures, and external regulations, as well as implementing audit recommendations to mitigate operational deficiencies and minimize complaints. Proactivity in addressing any compliance issues that may arise.
∎ Maintaining stakeholder management to provide value-added risk information to support sustainable and profitable growth. Fostering relationships with branch managers, unit heads, business development managers, and relationship managers through regular interactions, coaching sessions, and presentations. Providing guidance and advice to sales and branches on the credit process, policies, and guidelines for clarity and consistency.
∎ Developing and introducing innovative credit policies and processes is necessary to maximize profitability and manage risk effectively. This involves assisting senior management in policy development, updating policies to reflect market changes, and ensuring consistency and high standards throughout the retail banking operations. Improving productivity, efficiency, and service levels while maintaining a risk-sensitive approach is critical for long-term success.
∎ Enhance the bank's profitability and mitigate potential losses. Ensuring the retail loan files are aligned with relevant policies, procedures, market standards, and regulatory requirements. Closely monitoring and managing the assessment process, authorizations, fraud detection, and addressing queries effectively. Additionally, providing guidance and training to team members, along with reviewing approved and declined files regularly, help maintain a high performance level.
∎ Implementing an effective operating plan and controlling. Forecasting profitability of retail loan products through portfolio analysis, identifying delinquency trends, and assessing the impact of planned decisions on credit, marketing, and operations. Collaboration with the collection unit to gain insights and make informed decisions.
∎ Ensuring regulatory compliance by adhering to internal policies, procedures, and external regulations, as well as implementing audit recommendations to mitigate operational deficiencies and minimize complaints. Proactivity in addressing any compliance issues that may arise.
∎ Maintaining stakeholder management to provide value-added risk information to support sustainable and profitable growth. Fostering relationships with branch managers, unit heads, business development managers, and relationship managers through regular interactions, coaching sessions, and presentations. Providing guidance and advice to sales and branches on the credit process, policies, and guidelines for clarity and consistency.
∎ Developing and introducing innovative credit policies and processes is necessary to maximize profitability and manage risk effectively. This involves assisting senior management in policy development, updating policies to reflect market changes, and ensuring consistency and high standards throughout the retail banking operations. Improving productivity, efficiency, and service levels while maintaining a risk-sensitive approach is critical for long-term success.
Skills & Expertise:
Workplace:
∎ Work at office
Employment Status: Full Time
Job Location: Dhaka
Company Information:
∎ A reputed private commercial bank
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 15 Apr 2024
Category: Bank/Non-Bank Fin. Institution
