Associate Manager-Senior Manager, Special Asset Management

BRAC Bank PLC

BRAC Bank PLC

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Summary

• Vacancy: —
• Location: Anywhere in Bangladesh
• Experience: 4 to 8 years
• Published: 4 Dec 2024

Requirements

Education

• Bachelor/Honors

Graduation from a reputed UGC-approved university. A degree in Finance, Accounting, Marketing, Management, Economics, or Law is preferred. MBA/ Masters/ Professional degree will be considered as an added advantage.

Experience

• 4 to 8 years
• The applicants should have experience in the following business area(s):
  Banks

Additional Requirements

• 4-10 years of experience in the banking sector or NBFI. (For Associate Manager: minimum of two and for Manager/Senior Manager: minimum of four years of relevant experience in Corporate/Commercial Business/ Credit Risk Management/ Special Asset Management/ Corporate Recovery is required)
• Understanding of the entire credit lifecycle and Corporate Banking products.
• Must possess analytical skills and be data-driven in decision-making.
• Must have strong interpersonal communication skills.
• Effective written and oral communication in English.
• Positive, energetic, and adaptive to change.
• Digital Readiness – Proficient in working on MS Office & Android / Apple Platforms
• Be Customer-centric, self-propelled, and capable of meeting deadlines.

Responsibilities & Context

BRAC Bank, a leading sustainable bank in Bangladesh, is committed to becoming the best bank in the country. It has pioneered SME Banking in Bangladesh and offers a comprehensive range of banking services to individuals and business entities. BRAC Bank stands out as a beacon of financial inclusion with solid financials, top credit ratings, and numerous accolades.

BRAC Bank seeks an ambitious, intelligent, purpose-driven, and enthusiastic individual for the following position in its Corporate and Institutional Banking Division:

Employment Type: Full-time

Key Responsibilities:

• Recovery from non-performing and written-off loans of corporate portfolio.
• Participate and contribute to recovery activities to achieve the planned target.
• Call/visit, make necessary communications with borrowers, and keep a record of the same.
• Regular and rigorous follow-up of corporate default borrowers/guarantors/mortgagors for settlement/negotiation.
• Maintain files and MIS of borrowers and share them with relevant stakeholders as required (Internal and external auditors/authorities, CAD, legal, finance, ICC, etc.).
• Prepare memos for rescheduling, take the initiative to execute them, and follow up as per approved terms and conditions.
• Assist the Head of Department in making action plans per the department, bank, and statutory policies, acts, and guidelines.
• Ensure legal proceedings are taken promptly and liaise with internal and external stakeholders/lawyers.
• Follow up on legal steps against the borrowers and take initiatives for advancement.
• Prepare memos for full and final settlement/partial settlement/collateral release/ release of sponsor/sole name, etc.
• Perform any other duties assigned by the Head of Department occasionally, etc.

Employment Status

Full Time

Job Location

Anywhere in Bangladesh

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