Education

• Masters

Experience

• 2 Year to 8 Year

Additional Requirements

• Develop and implement strategies that enables us to intervene at the earlier stage of a classified loan by utilizing all of our recovery tools.
• Manage and monitor a portfolio of non-performing and written-off loans.
• Develop and implement effective strategies to recover outstanding amounts while preserving client relationships where possible.
• Conduct detailed analysis of defaulted accounts to identify the root causes of non-performance.
• Implement innovative recovery techniques, including litigation, settlements, and asset liquidation.
• Engage with customers and branches to establish mutually acceptable repayment terms.
• Identify prospective buyers to facilitate the sale of mortgaged properties and recover debt efficiently.
• Collaborate with borrowers to assess repayment capacity and propose appropriate restructuring solutions.
• Negotiate settlement terms, repayment schedules, and legal agreements to maximize recovery.
• Maintain professional and empathetic communication with defaulting clients to understand their financial situations and identify mutually beneficial solutions.
• Build strong relationships with legal teams, consultants, and third-party recovery agencies.
• Track and assess branch performance regarding delinquent accounts.
• Initiate timely actions to recover outstanding payments.
• Visit customer business premises, residential addresses, mortgaged properties, Tahsil offices, and other relevant locations to verify and collect information.
• Keep detailed records of customer interactions, account status updates, and branch reports.
• Ensure all documentation is accurate and up-to-date.
• Draft board memos, management reports, and office memos for settlement approvals.
• Issue sanctions to branches or clients post-approval from the management or board.
• Compose and dispatch reply letters, reminder notices, and other correspondence as required.
• Proactively identify cases requiring legal intervention and coordinate with the legal department to initiate appropriate legal actions for the resolution of delinquent accounts.
• Escalate unresolved cases to the legal department for necessary action.
• Provide assistance to the MIS and legal departments to enhance recovery efforts and ensure operational excellence.
• Support the execution of arrest warrants when required.
• Investigate and resolve issues related to land and mortgage properties by liaising with relevant offices and departments.
• Conduct thorough investigations of land and mortgage-related matters by coordinating with relevant land offices and departments to ensure accurate resolution and compliance with regulatory requirements.
• Evaluate collateral values and assess the viability of recovering through asset realization.
• Prepare and analyze recovery reports for departmental use.
• Summarize branch activities and performance.
• Stay updated on industry trends and best practices to optimize recovery processes. 

Work Place

Work from Office

Employment Status

Type: Full Time/Permanent

Shift: Day Shift

Job Location

Dhaka