Uttara Finance and Investments Limited

Summary

Vacancy: —
Location: Dhaka (Tejgaon)
Salary: Tk. 85000 – 95000 (Monthly)
Experience: At least 15 years
Published: 19 Dec 2024

Requirements

Education

Master of Business Administration (MBA) in Marketing

Experience

At least 15 years

Additional Requirements

Minimum 15 years of experience in the banking/ FI industry.
Strong professional knowledge on fiscal laws of Bangladesh;
Strong knowledge of Bangladesh Bank circulars and regulations;

Responsibilities & Context

Uttara Finance and Investments Limited, a joint venture leasing and financing company, registered as a nonbanking financial institution in the year 1995 with license from Bangladesh Bank to operate and transact all kinds of business as provided under the relevant laws. UFIL upholds its commitment towards the development of financial service sector by offering high quality services to the local entrepreneurs. With its continuous drive to improve, UFIL is well on the track to be considered as one of the leading Financial Institutions of the country.

Job Location: Tejgaon (Head Office), Dhaka

Job Responsibility:

Managing classified portfolio of Uttara Finance & Investments Limited consist of Corporate/SME clients with “special attention” status.
Close daily monitoring of all client’s activities, plans and actions; consulting and negotiation.
Applying of special measures for loan recovery and monitoring of further repayment after recovery treatment.
Daily monitoring of Bangladeshi corporate market, primarily financial and legal aspects of industries directly related to Recovery Banking clients.
Recognizing early business deterioration signals and suggesting the implementation of optimal recovery methods and/or collection.
Managing all daily Recovery team business activities, portfolio management, reporting, communication and cooperation with different units.
Managed and supervised a legal house to provide advice on legal matters.
Monitoring all legal process under N.I. Act & Artha Rin Adalat.
Regular basis physical follows up against write-off, litigated and 6+overdue clients.
Follow up & try to collect overdue.
Out of court negotiate under litigated clients.
Warrant copy collects from the Court & try to execute through near police station of those litigated client.
Prepare weekly top overdue client’s report.
Prepare litigated, write off & Block accounts report for Bangladesh bank.
Prepare actual & expected collection report.
Check monthly MIS overdue report.
Follow up & update branch overdue position.
Discuss with the default clients regarding settlement of overdue rent.
Personal visit to clients (office and factory) for follow up purpose.
Provide letters/reminders/documents to the client which issued by collection department.

Skills & Expertise

Accounting Software

Banking

Excellent analytical skills

excellent communication and interpersonal skills

Problem Solving Skills

Strong leadership and team management skill

Employment Status

Full Time

Job Location

Dhaka (Tejgaon)

Source link

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