CVC Finance Limited

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Summary

Vacancy: —
Age: at least 32 years
Location: Dhaka
Minimum Salary: Negotiable
Experience: At least 10 years
Published: 29 Dec 2024

Requirements

Education

Masters

Post-Graduation in Business/Commerce Discipline from reputed Public/Private University.

Experience

At least 10 years
The applicants should have experience in the following business area(s):
Banks, Insurance, Leasing, Investment/Merchant Banking

Additional Requirements

Age at least 32 years

Minimum 10 year(s) experience, preferred in Bank or Financial Institutions,
The applicants should have experience in the following area(s):Recovery & Loan.

Job Requirements:

Proficiency in Microsoft word, Excel and Power point.

Soft Skill:

Good communication skill
Interpersonal skill
Passionate about finance/banking industry
Biased to technology driven process
Sufficient knowledge in Accounting Software
Passionate about innovation (product, process & technology) and process efficiency.
Professional & deadline based performance oriented
Motivated and driven for success

Responsibilities & Context

Title: Assistant Vice President (AVP), Special Asset Management (SAM)

Reports to: Managing Director & CEO

Nature: Full Time Permanent

Major Duties and responsibilities:

Account Management: Preparing Annual Plan for collection and recovery of NPL Management, maintain and follow up on assigned accounts in accordance with management guidelines to ensure optimal recovery of NPL.
Client Database Maintenance: Maintain an accurate client database for the Recovery Department’s portfolio, ensuring all information is up-to-date and comprehensive.
Client Engagement: Conduct regular visit to customers and businesses of NPL portfolios, sharing insights and knowledge gained to guide Relationship Manager (RM) on specific NPL accounts, projects, or tasks as assigned.
Recovery Visits: Perform personal recovery visit, either individually or as part of a team, to borrower locations, guarantor addresses, and mortgaged properties, providing detailed reports to the Supervisor.
Legal Activities: Work closely with Legal Department. In order to ensure execution of all warrants and court instructions.
Cross-Departmental Communication: Maintain open communication channels with supportive departments, including Corporate, SME, Consumer, CRM, and others, to facilitate collaboration and information sharing.
Proposal Analysis: Scrutinize and conduct detailed analyses of reschedule/restructure/settlement proposals, making recommendations for approval to the Board in alignment with the Bank’s/NBFI’s guidelines.
Regulatory Compliance: Ensure adherence to ICC department policies, internal procedures, and external regulatory requirements (Bangladesh Bank) throughout the approval process.
Letter Issuance: Prepare and issue various correspondence necessary for the Recovery Department’s operations.
Daily Collection Reporting: Compile and prepare daily collection reports for all departments, with a separate focus on legal and recovery activities.
Management Reporting: Prepare various reports related to rescheduling, restructuring, and reporting to Bangladesh Bank, as well as additional management reports as required.
Progress Reporting: Develop and update monthly or weekly reports to track progress and performance metrics.

Compensation & Other Benefits

Mobile bill, Provident fund, Weekly 2 holidays
Salary Review: Yearly
Festival Bonus: 2

Salary: Competitive salary will be provided to the deserving candidate.
Benefits: As per company policy.

Employment Status

Full Time

Job Location

Dhaka

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To apply for this job email your details to admin@chakricircular.com