Head of Investment Recovery Department

Hajj Finance Company Limited (HFCL)

 

Hajj Finance Company Limited (HFCL)

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Summary

• Vacancy: —
• Age: at most 50 years
• Location: Dhaka
• Experience: 10 to 15 years
• Published: 4 Feb 2025

 

Requirements

Education

• Post Graduate Degree in any discipline preferably in Business with no Third (3rd) Division/Class/CGPA from any reputed university.

Experience

• 10 to 15 years

Additional Requirements

• Age at most 50 years

• Not more than 50 years (as on January 31, 2025). May be relaxed in case of exceptional candidates.
• Minimum 10-15 years’ experience in any reputed bank or non-bank financial institution out of which at least 08-12 years practical exposure in special assets management or recovery related experience of a bank / FI. Preference shall be given to the candidates who are working as Head of Recovery Department in any reputed bank or NBFI. May be relaxed in case of exceptional candidates.
• The candidate must have a clear idea about functions and major structure of investment recovery activities of a commercial bank or NBFI and knowledge of legal matters on recovery.
• Additional Requirements
• Strong command over MS Office specially Microsoft Word, Excel, PowerPoint, etc.
• Excellent inter personal skills along with excellent proficiency in Bengali & English.
• Ability to work with Top Management.
• Leadership and Team Management skills.

Responsibilities & Context

(A Bangladesh-Malaysia Joint Venture Shariah-Based Non-Banking Financial Institution)

First Assistant Vice President (FAVP) / Executive Vice President (EVP)

Head of Investment Recovery Department

Job Context

HFCL is looking for capable, confident and enthusiastic individuals for working as Head of Investment Recovery.

Recovery/Regularization/Rescheduling of Classified Loans/NPL portfolio in line with laws and practices

Job Responsibilities

Policies & Procedures:

• Establish & implement SAM policies for management of classified Assets specially in Corporate and SME
• Coordinate with internal & external legal counsels in dealing with classified accounts to ensure implementation of best legal strategies
• Pro-actively participate to increase influence over the outcome of restructuring/settlement plans/solutions
• Meet clients, other creditors, consultants, etc. as required for managing the SAM accounts (SME)
• Budget for annual expenses of SAM to ensure recovery at minimum costs & maximum profit
• External: Communicate with Regulatory bodies, creditors, external legal counsel, consultants and regulators

Skills & Expertise

MS Word/ Excel/ PowerPoint/ OneNote

Compensation & Other Benefits

• Salary As per company policy

Employment Status

Full Time

Job Location

Dhaka

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