Head of Special Assets Management (SAM)

Requirements

Education

Bachelor of Business Administration (BBA) in Finance, Accounting, Banking
Bachelor of Social Science (BSS) in Economics
Bachelor of Law (LLB)
MBA from a reputed institution will be preferred.
Professional certifications such as CFA, FRM, CAMS, or equivalent will be considered an advantage.

Experience

At least 15 years
The applicants should have experience in the following business area(s): Banks, Insurance, Investment/Merchant Banking, Leasing

Additional Requirements

Minimum 15 years of experience in Banks or Financial Institutions.

At least 5 years of experience in Special Assets Management, Recovery, Credit Risk, or related functions.

Minimum 3 years in a senior management role.

Strong knowledge of classified loan management, legal recovery, restructuring, and Bangladesh Bank regulations.

Experience in managing cross-functional stakeholders and recovery teams.

Recovery & Collection Management

Classified Asset Management

Legal Recovery & Negotiation

Regulatory Compliance

Strategic Thinking

Leadership & Stakeholder Management

Analytical & Decision-Making Skills

Responsibilities & Context

United Finance PLC is a publicly listed company formed under Financial Institutions Act of Bangladesh. United Finance started its journey as a Non-Banking Financial Institution in 1989. United Finance is looking for a dynamic and hardworking professional for the position of Head of Special Assets Management (SAM).
Key Responsibilities

Lead recovery, restructuring, rescheduling, and settlement initiatives for classified and stressed assets.

Develop and implement recovery strategies to reduce non-performing loans and improve portfolio quality.

Oversee legal recovery, litigation, repossession, and disposal of collateral and repossessed assets.

Monitor recovery performance against approved targets and drive corrective actions.

Ensure compliance with Bangladesh Bank regulations, internal policies, and recovery governance standards.

Prepare recovery and portfolio reports for Management, Board Committees, and regulatory authorities.

Collaborate with Business, Credit Risk, Operations, Legal, Compliance, and Branches to resolve problematic accounts.

Lead, mentor, and develop the Special Assets Management team to achieve departmental objectives.

Additional Responsibilities

Enhance recovery policies, procedures, and monitoring frameworks.

Represent the department in audits, regulatory reviews, and stakeholder meetings.

on recovery, Provide strategic recommendations provisioning, and asset quality improvement.

Promote a culture of accountability, compliance, and continuous improvement.

Job Grade: Assistant General Manager – Deputy General Manager

Skills & Expertise

Other Relevant Skills

Asset management
Credit Risk Management
Legal Affairs
Regulatory Compliance
Stakeholder Management

Employment Status

Full Time

Job Location

Dhaka