Senior Officer (Loan Monitoring)

Infrastructure Development Company Limited (IDCOL)

Infrastructure Development Company Limited (IDCOL)

 

Infrastructure Development Company Limited (IDCOL)

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Summary

  • Vacancy: 1
  • Location: Anywhere in Bangladesh
  • Experience: At least 1 year
  • Published: 22 Jun 2024

 

Requirements

Education

Bachelor/Master’s degree with major in Finance/Economics/Statistics/Management Information Systems having a minimum CGPA of 3.00;

Experience

  • At least 1 year

Additional Requirements

  • At least 01 (one) year work experience in relevant field;
  • Strong written, communication and analytical skills in both Bengali and English;
  • Strong computer skills in word processing and spreadsheet analysis.

Responsibilities & Context

As a champion of sustainable financing solutions, Infrastructure Development Company Limited (IDCOL) empowers transformative projects across diverse sectors. Join our dynamic team to drive positive change through sustainable development and shape a brighter, greener future.

Credit Administration Department (CAD)

Duties and Responsibilities

  • Regularly monitor, develop and update database regarding various loan security and covenants as stipulated in the loan agreements;
  • Ensure timely issuance of necessary letters/notices for different security & covenants as and when required;
  • Ensure timely verification of security instruments before disbursement of fund and preserve relevant correspondence for future reference;
  • Keep custody of security instruments along with relevant corresponding documents under various loan accounts;
  • Prepare various periodic status reports regarding loan security and covenants or any other relevant reports for reporting to various stakeholders;
  • Working with the IT team for developing/updating/modifying the security & covenant management software;
  • Generating periodic invoices related to payment of installments against loans;
  • Verifying that loan documentation is completed as per sanctioned terms and conditions and processing disbursement requests;
  • Conduct periodic project site visits for monitoring project status, on-site verification of mortgaged properties and hypothecated assets;
  • Arrange and coordinate various periodic loan monitoring meetings for management;
  • Address queries of regulatory bodies and other external stakeholders and ensure satisfactory internal, regulatory and donor compliance;
  • Any other activities as assigned by the Supervisor or Head of Department.

Compensation & Other Benefits

We offer attractive package

Employment Status

Full Time

Job Location

Anywhere in Bangladesh

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