Special Asset Management Division-Associate Officer to Assistant Vice President

Full time on site
Special Asset Management Division-Associate Officer to Assistant Vice President
Job Description

Requirements

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

Experience
  • At least 2 years
Additional 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

Job Grade: Associate Officer – Assistant Vice President

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