Manager, Credit Risk Management (CRM) Department

Job Description

Job Location: Dhaka (Dhanmondi)

Salary: Tk. 50000 – 60000 (Monthly)

Application Deadline: 8 Apr 2023

Vacancy

01

Job Context

Channel sales credit control & monitoring and generate report for management is the main job of this role. This role is responsible for developing credit risk & collections policies, directives and procedures to manage credit and market risks as the head of department. This role strives to build a risk management mindset by building awareness around the stipulated policies and driving adherence across the organization. The role is also responsible for producing risk analytics necessary for the tasks under this role such as periodic and seldom risk reporting.

Job Responsibilities

• Maintain credit policy strictly and handle credit controls & administration duties;
• Undertake detail analysis and write reports on existing customers with an objective; To make effective decisions on renewal / extensions or withdrawals of credit facilities;
• Preparing recovery/non-moving parties list by using nonmoving party’s sales vs. collection report;
• Time to time meeting with business team for preparing short as well as long term recovery & collections plan;
• Follow up recovery plans weekly (Telephonic, Physically);
• Issuing remainder letter as well as administrative warning letter to recovery parties;
• Take action through litigation process by using security cheques;
• Weekly follow-up and reporting to management of litigation party’s movement;
• Manage The Local Government Authorities Related To Credit Operations;
• Ensure Confidentiality Of Credit Operations Documents;
• Monitoring Branch’s Credit Sales & Collection and monitoring Ledger Reconciliation with Dealers;
• Keeping Database Record Of All Communication With The Clients and Financial Statement Analysis of New Corporate Customers;
• As Well As Issuing Letter In Case of Cheque Dishonor;
• Reporting To Management (Collection against Sales, Aging, Debtors Movement, Moving & Non Moving Customer’s Position Etc.);
• DSO (Days Sales Outstanding) and Trend Analysis and follow up Balance Confirmation;
• Meeting/Co-Ordination with Business Team and Legal Team.

Employment Status

Full-time

Workplace

• Work at office

Educational Requirements

• Master of Commerce (MCom) in Accounting
• Skills Required: Credit Risk Analysis, Effective communication and interpersonal skills

Experience Requirements

• 7 to 10 year(s)
• The applicants should have experience in the following area(s):
  Accounts, Credit Collection, Credit Control And Recovery, Credit Risk Management
• The applicants should have experience in the following business area(s):
  Banks, Electronic Equipment/Home Appliances, IT Enabled Service, Manufacturing (FMCG), NGO

Additional Requirements

• Age 35 to 50 years
• Only males are allowed to apply

Job Location

Dhaka (Dhanmondi)

Salary

Tk. 50000 – 60000 (Monthly)

Compensation & Other Benefits

• T/A, Mobile bill, Tour allowance, Provident fund
• Lunch Facilities: Partially Subsidize
• Salary Review: Yearly
• Festival Bonus: 2

Job Qualification