Associate Manager/ Manager, RMG Monitoring Unit

BRAC Bank PLC

BRAC Bank PLC

 

BRAC Bank PLC

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Summary

  • Vacancy: —
  • Location: Anywhere in Bangladesh
  • Salary: Negotiable
  • Experience: 4 to 7 years
  • Published: 26 Jun 2024

 

Requirements

Education

Four-year graduation from any reputed university with a satisfactory academic track record.

Experience

  • 4 to 7 years
  • The applicants should have experience in the following business area(s):
    Banks

Additional Requirements

  • 4 – 7 years in RMG industry with Merchandising experience.
  • In-depth and thorough knowledge about trade cycle and trade business especially RMG sector.
  • Excellent computer operation skills including MS Excel, MS Word, MS PowerPoint, MS Access etc.
  • Experience of IT based online monitoring and reporting system.
  • Good interpersonal skills, demonstrated proactive roles in team work etc.
  • Proficient in customer centricity, self-propelled, and capability to meet deadlines.

Responsibilities & Context

BRAC Bank is one of the top sustainable banks in Bangladesh. Established with a view to financial inclusion, BRAC Bank is the pioneer of SME Banking in Bangladesh, delivering a full array of banking services to individuals and business entities. Its strong financials, the best credit rating from the top global and local rating agencies, and numerous recognitions speak of the bank’s aspiration to become the country’s best bank.

The bank is currently looking for an ambitious, intelligent, goal-oriented and enthusiastic individual for the following position in its Risk Management Division.

KEY RESPONSIBILITIES:

  • Regularly visiting different RMG and Textile projects to check overall operational status and preparing visit report with estimation/validation of Production Capacity.
  • Assessing the free capacity to execute an export within given timeframe/shipment schedule keeping export order under lien.
  • Analyzing the RMG customers’ transactions, especially timely initiation of actions as per Time and Action [TNA] plan to ensure timely shipment, estimating BTB requirement and other funding requirement based on Cost Sheet, ensuring relativity of imported items for execution of related export order and maintaining liaison with customers to ensure timely collection of export proceeds.
  • Monitoring export-import performance/ratio of RMG clients and timely raise flag to relevant stakeholders in case of mismatch.
  • Guiding relevant stakeholders with understanding of export and import cycle and related financing requirements [RMG/ trade financing] and related foreign exchange guidelines.
  • Monitor & follow up client performance and repayment to ensure credit portfolio health is in line with Bank’s objectives by focusing on export lien, proceed realization, export order book, etc.
  • Providing update on Buyers’ Risk report, international market news [like RMG major buyers’ business and financial performance, competitors – Vietnam, target export market], industry trends and price movement [raw material& finished goods] especially for varied RMG products to relevant stakeholders.
  • Preparation and periodic updating of Buyers list who has filed suit for protection against bankruptcy.
  • Preparation of database for Foreign Buyer-wise export order Lien status, yearly export order execution status, bill collection status, bill overdue status, client-wise export import performance etc. and regular circulation of MIS with comparative analysis to relevant stakeholders.
  • Maintaining liaison with different trade bodies like BGMEA, BTMA etc. to get regular updates on industry insights movements etc.

Employment Status

Full Time

Job Location

Anywhere in Bangladesh

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