Sr. Manager-Head of (Credit Management & Recovery) – bnjobs.com

Sr. Manager-Head of (Credit Management & Recovery)

Karnaphuli Group

  • Marketing/Sales
  • Full time
  • 2 years ago
  • Dhaka

Job Description

Job Responsibilities

  • Formulating recovery policies and operational procedure:
  • Ensure collection target achievement in monthly, Quarterly & Yearly.
  • Preparing budgets of recovery and credit collection to ensure proper cash inflow of the company.
  • Ensure that adequate and effective internal systems (Chain of command & reconciliation) are in place. To flow up the whole credit lying in the field. Analyze the leakage and weak point of collection of the ground. Ensure & Monitor the reconciliation of money receipts.
  • To make effective and special recovery package for customers.
  • Issue demand note for payment to non-performing customer accounts (irregular EMI payments) in order to recovery receivables by negotiating payment terms, reschedule due payments and coordinate legal correspondence.
  • The given target distributed to the respective MO/SMO/ARM/DRM/RM/ZM and monitors them time to time.
  • ? Coordinate Legal notice issue & ensure Return/Re-sale of seize asserts in compliance with approved process, within specified timeframe from the date of seizing assets.
  • Maintain appropriate record management process for all the customers and field force.
  • Follow up collection target, achievement & report to HOD.

Job Qualification

  • Master of Business Administration (MBA) in Any Dicipline
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