SPO/ FAVP (Special Asset Management)

Job Description

Vacancy

01

Job Context

Thorough Credit Risk analysis and Management and Customer Relationship building/promoting in line with banking laws and practices and Bank`s objectives and Goals

Job Responsibilities

• Assist to the Divisional Head to achieve the Divisional Target to control NPL as well as the target set by Management.
• Arrangement of regular Visit of NPL/Stress Borrowers and their Mortgaged properties (if any), Outlets and Business address as required and subsequently submission of reports toward Management.
• Maintaining liaison with Branches and Legal Division in connection with monitoring and recovery strategies of the Borrower to control the NPL of the Bank as assigned.
• Preparation of Rescheduling / Amicable Settlement proposal for Management / EC / Board approval as required on time.
• Arrangement of legal action (NI Act / Artha Rin Adalat Ain etc.) against the NPL/Stress borrowers as required.
• Maintain good relationship with Business / Legal and Back-office staffs to reach the Divisional Target & Goal.
• Report to Management/Board time to time regarding NPL status and probable settlement procedures.
• Recovery of Written-off accounts.
• Take part in negotiation for settlement of NPL liability through amicably along with Branch Manager, RM and SAM Team.
• Preparation of security release Memo for Management approval.
• Assist in preparation of Statements of Monthly, Quarterly, Half Yearly and Yearly for Board and Bangladesh Bank.
• Conduct negotiations with borrowers and borrower’s counsel and make necessary judgments to protect the bank’s interest and achieve maximum recovery.

Employment Status

Full-time

Workplace

• Work at office

Educational Requirements

• Post-Graduation from reputed universities with a satisfactory academic track record

Experience Requirements

• At least 8 year(s)

Additional Requirements

• At least 8 years of working experience in Recovery in Banking Sector.
• Experience in developing and implementing strategic and business plans.
• The incumbent should be able to lead a Recovery Team to achieve the set Target.
• Has to possess the excellent skill in Negotiation.
• Sound Knowledge in Classification/ Rescheduling/ Written-Off/Amicable Settlement related to Bangladesh Bank Circulars, related Laws, and be able to advise the Team Members accordingly.
• Sound Knowledge in NI Act / Artha Rin Adalat Ain etc. and trained the team members accordingly.

Job Location

Chattogram

Salary

Negotiable

Job Qualification

• Post-Graduation from reputed universities with a satisfactory academic track record