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Category : Bank/ Insurance / Leasing

Job Summary

Published On : Mar 22, 2025
No. of Vacancies : 01
Job Type : Full Time
Job Level :
Experience : At least 10 years
Location : Dhaka
Salary Range:
Negotiable
Application Deadline : Apr 10, 2025

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Head of Loan Recovery Division [AVP - SVP]

Modhumoti Bank PLC

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No. of Vacancies

Job Description / Responsibility

Develop and execute loan recovery strategies to minimize Non-Performing Loans (NPLs) of the Bank and optimize recovery outcomes.
Supervise the following departments under Loan Recovery Division - Regulatory Strategy and NPL Settlement department, NPL Monitoring, reporting & Compliance and Debt Collection Unit.
Regularly monitor and manage Non-Performing Assets (NPAs), categorizing them based on risk levels and taking necessary actions to reduce delinquency.
Ensure compliance with Bangladesh Bank regulations, legal requirements, and internal policies related to loan recovery and write-offs.
Supervise recovery processes, guiding recovery officers and collection teams to ensure timely follow-ups and effective collection techniques.
Collaborate with legal teams to initiate and oversee legal proceedings, including lawsuits, auctions or other legal actions against defaulters.
Analyze recovery performance, monitor trends and provide senior management with data-driven reports and recommendations for improvement.
Oversee the valuation, maintenance and disposal of collateral assets taken against defaulted loans.
Develop and implement early warning systems to identify potential defaulters in advance and take preventive actions.
Lead, train, and motivate recovery teams to improve their skills, performance and overall success in loan recovery.

Educational Requirements

Bachelor/Honors

Experience Requirements

At least 10 years
The applicants should have experience in the following business area(s):
Banks

Additional Job Requirements

Excellent negotiation & problem-solving abilities
Excellent time management & perseverance
Excellent interpersonal and Leadership skills
Strong ethics and reliability
Strict adherence to AML / Compliance, and Central Bank Guidelines in line with the banks policy.

Location

Dhaka

Salary Range

Negotiable

Other Benefits

As per Bank's Policy

Job Source

Bdjobs.com.bd Online Job Posting

Applicant must enclose his/her Photograph with CV.

Apply URL:
https://career.modhumotibank.net/JobCircular/JobDetails?jobId=veNULJAp0cTRrtPLG0ibQw==

Application Deadline : Apr 10, 2025

Company Information

Company Name: Modhumoti Bank PLC
Address: Modhumoti Bank, Head Office, Khandaker Tower (7-8 Floor), 94 Gulshan Avenue, Gulshan-1, Dhaka-1212

Business: Our vision is to lead the new generation of local commercial banks by excelling in customer delivery through insight empowered employees, smart use of technology and a full range of highest quality products and services.

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