Career at ACI Formulations Limited

ACI Formulations Ltd., is a subsidiary of ACI Ltd. We have a complete range of cost effective products including insecticides, herbicides, fungicides and yield boosters that can provide appropriate solutions to the farmers protecting their crops and increasing the yield and productivity of crops. For more information please Log on- www.aci-bd.com

Head of Credit Recovery


Job Responsibilities:
  • Prepare a contingency plan to prevent and cope with credit risk and other related operational risks to ensure good quality loan portfolios
  • Develop and implement an effective and efficient credit approval process that properly addresses client character, capacity.
  • Manage loan default and written off loans by undertaking daily to monthly analysis and reporting issues/exceptions/severity to Operations Manager and Chief Operations Officer.
  • Work with risk management to identify current and potential credit risks and develop suitable mitigation/prevention strategies.
  • Work with operations and marketing team to analyze competitive environment at the branch level and recommend alternative competitive strategies
  • Ensure monthly loan recovery work plan has been firmly implemented by loan recovery officers
  • Conduct regularly scheduled field visits as well as surprise visits to ensure credit policies and procedures are properly implemented and followed by field staff
  • Ensure staff understands the contingency plan and knows how/when to put it in place
    Analyze delinquent accounts and prepare report on highest risk accounts including recommendations for resolution
  • Strengthen the capacity of branch staff through continuous on-the-job training, assessment, coaching, etc
  • Work with staff to help set personal and professional targets and work towards continuously improving the status quo to achieve those targets
  • Work closely with department heads, unit managers, operations managers and concerned committees to ensure effective communication on credit policies, processes and procedures.
  • Work especially with those responsible for enforcing these policies/processes/procedures
  • Any other duties that may be assigned by the management from time to time.

Educational Requirements :

  • Bachelor in any discipline from any reputed University.
  • Ex- ARMY, RAB or Police Officer.
  • Added advantage: 2 years of work experience in loan/credit recovery section in financial institution.
  • Member of professional bodies.

We Offer:

  • Professional working environment
  • Competitive compensation package
  • Performance based career path
 
Job Nature Job Location
  • Top/Mid Level

Tejgaon I/A, Dhaka



Application Deadline: 13 February, 2019
Any sort of persuasion will disqualify the candidature.