Lead, Credit Management & Recovery

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Summary

  • Vacancy: 1
  • Location: Dhaka
  • Experience: 8 to 10 years
  • Published: 19 Aug 2024

 

Requirements

Experience

  • 8 to 10 years

Additional Requirements

  • Bachelor’s degree in Finance, Business Administration, or related field.
  • Proven experience (8 years+) in credit recovery or debt collection, preferably in a leadership role.
  • Retired Armed Forces officers having experience (5 years+) in credit recovery or debt collection may also apply for the role.
  • Strong analytical and investigative skills.
  • Excellent understanding of legal procedures related to debt recovery.
  • Exceptional communication and negotiation skills.
  • Ability to work under pressure and meet tight deadlines.
  • Proficiency in financial analysis and reporting.
  • Ability to build and maintain effective relationships with internal and external stakeholders.
  • Strong leadership abilities and the capability to lead a team effectively. Preferably candidates with a retired army or defense background.

Responsibilities & Context

  • Guide the team in using advanced techniques to locate delinquent clients and gather relevant data for debt recovery.
  • Oversee balance confirmations with clients, ensuring accuracy and timeliness for debt reconciliation.
  • Develop and implement strategic payment schedules with delinquent clients to facilitate recovery.
  • Lead proactive debt collection efforts, ensuring timely payment processing and reconciliation with headquarters.
  • Handle complex recovery scenarios, employing strategic approaches to resolve challenging cases.
  • Escalate non-compliant clients and prepare documentation for legal action when necessary.
  • Coordinate and represent the organization in local legal proceedings for debt recovery.
  • To build rapport with debtors, banks, parties, institutions and relevant departments for smooth operation of the debtor management and control mechanism.
  • Build and maintain relationships with local authorities to facilitate smoother debt recovery and dispute resolution.
  • To provide due support towards the Sales & Marketing team in Credit Management.
  • Perform any other task given by the Management.

Workplace

Work at office

Employment Status

Full Time

Job Location

Dhaka

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