Senior Officer/Senior Executive Officer – Special Asset Management Division

Senior Officer/Senior Executive Officer – Special Asset Management Division

IDLC Finance PLC

Job Context

The incumbent will be responsible for the role of a Senior Collection Officer/ Assistant Collection Manager for the division of Special Asset Management, which will significantly contribute to managing the written-off portfolio of the organization.

Job Description / Responsibility

• Follow up the written off portfolio of IDLC Finance PLC
• Collection of payment from written off portfolio
• Daily follow up status register in the systemized module
• Visit the default clients on regular basis and arrange meetings with the clients in and out of the office
• Necessary system entries of payment in due time and get that entries authorized from supervisor
• Proper communication with the legal team and keep database up to date
• Follow up & manage the activities of the recovery agencies to settle default accounts
• Daily account updates to supervisor
• Develop the policy and procedure related to collection activities
• Arrange and attend portfolio review meeting with concern business unit
• Arrange and attend litigated portfolio review meeting with legal team
• Assist to MIS department to generate different MIS and report

Job Requirements

Education

Graduation/Post Graduation degree in any discipline preferably in Business Administration From a reputed university

Experience

Minimum 5 to 6 years of experience in recovery department or in a relevant field

Other Requirements

• Minimum 5/6 years’ experience in relevant department in Bank or Financial Institution.
• Excellent interpersonal & Negotiation skill.
• Good knowledge of loans & loan processing.
• Should be skilled at financial calculation & database management.
• Should also have knowledge in operations, policies, procedures and recovery system of a financial institution.
• Must have good knowledge of Financial Acts & Litigation Procedure as well as regulatory policies.
• Literacy on Microsoft Office is a must.
• Should be able to work both independently and as part of a team.
• Should have the ability to work under pressure.

Job Location: Dhaka

Salary: As per IDLC Policy

Job Nature: Full-time

Application Deadline: April 2, 2024