Loan Recovery Officer (Officer – FAVP)

Modhumoti Bank PLC

Modhumoti Bank PLC

 

Modhumoti Bank PLC

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Summary

  • Vacancy: —
  • Location: Dhaka
  • Salary: Negotiable
  • Experience: At least 3 years
  • Published: 9 Dec 2024

 

Requirements

Education

  • Bachelor/Honors

Experience

  • At least 3 years
  • The applicants should have experience in the following business area(s):
    Banks

Responsibilities & Context

  • To regularly review and follow up on Non-Performing Loans (NPLs) to ensure effective monitoring and management.
  • To conduct visits to defaulting customers, preferably in coordination with branch officials, and provide comprehensive loan reviews supported by detailed call/visit reports.
  • To prepare Loan Summary Sheets and Loan Liability positions to provide updated account information on a monthly or on-demand basis.
  • To prepare memos, minutes, office notes, etc., for loan rescheduling, settlement, and write-offs, and to obtain approvals from the bank’s competent authority as required.
  • To visit branches and meet defaulting borrowers, as required, on a demand basis.
  • To prepare action plans and recovery strategies on a demand-driven, monthly, or quarterly basis.
  • To arrange and participate in meetings with defaulting customers on a demand basis.
  • To regularly follow up with branches to ensure that rescheduled or settled accounts are repaid in accordance with the sanctioned terms.
  • To ensure compliance with all requirements set by Bangladesh Bank.
  • To prepare responses to audit observations raised by Bangladesh Bank.
  • To prepare responses to observations related to the Comprehensive Risk Management rating.
  • To prepare responses to observations related to CAMELS rating, financial position, and Quick Review Report.
  • To address and resolve queries raised by external auditors.
  • To prepare responses to observations raised by external auditors.
  • To address and resolve queries raised by internal audit.
  • To prepare and report various types of statements, including internal and external reports.

Skills & Expertise

Loan Recovary

Workplace

Work at office

Employment Status

Full Time

Job Location

Dhaka

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