BRAC Bank, a leading sustainable bank in Bangladesh, is committed to becoming the best bank in the country. It has pioneered SME Banking in Bangladesh and offers a comprehensive range of banking services to individuals and business entities. BRAC Bank stands out as a beacon of financial inclusion with solid financials, top credit ratings, and numerous accolades.
BRAC Bank seeks an ambitious, intelligent, purpose-driven, and enthusiastic individual for the following position in its Corporate Banking Division:
Associate Manager-Senior Manager, Special Asset Management
Employment Type: Full-time |
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KEY RESPONSIBILITIES:
- Recovery from non-performing and written-off loans of corporate portfolio.
- Participate and contribute to recovery activities to achieve the planned target.
- Call/visit, make necessary communications with borrowers, and keep a record of the same.
- Regular and rigorous follow-up of corporate default borrowers/guarantors/mortgagors for settlement/negotiation.
- Maintain files and MIS of borrowers and share them with relevant stakeholders as required (Internal and external auditors/authorities, CAD, legal, finance, ICC, etc.).
- Prepare memos for rescheduling, take the initiative to execute them, and follow up as per approved terms and conditions.
- Assist the Head of Department in making action plans per the department, bank, and statutory policies, acts, and guidelines.
- Ensure legal proceedings are taken promptly and liaise with internal and external stakeholders/lawyers.
- Follow up on legal steps against the borrowers and take initiatives for advancement.
- Prepare memos for full and final settlement/partial settlement/collateral release/ release of sponsor/sole name, etc.
- Perform any other duties assigned by the Head of Department occasionally, etc.
KEY QUALIFICATIONS:
- Graduation from a reputed UGC-approved university. A degree in Finance, Accounting, Marketing, Management, Economics, or Law is preferred. MBA/ Masters/ Professional degree will be considered as an added advantage.
- 4-10 years of experience in the banking sector or NBFI. (Relevant experience in Corporate/Commercial Business/ Credit Risk Management/ Special Asset Management/ Corporate Recovery is required)
- Understanding of the entire credit lifecycle and Corporate Banking products.
- Must possess analytical skills and be data-driven in decision-making.
- Must have strong interpersonal communication skills.
- Effective written and oral communication in English.
- Positive, energetic, and adaptive to change.
- Digital Readiness – Proficient in working on MS Office & Android / Apple Platforms
- Be Customer-centric, self-propelled, and capable of meeting deadlines.
BRAC Bank is a values-driven organization that prioritizes the protection of all its stakeholders, including coworkers and the community we work in, from harassment, abuse, neglect, exploitation, and discrimination. As an equal opportunity enabler, BRAC Bank encourages applications from any gender-diverse individuals and persons living with a disability. We consider personal persuasion to be a disqualification of candidature.
If you want to take up the challenge, please 'Apply Online.'
Only short-listed candidates will be communicated for the next stage as per the recruitment process. BRAC Bank reserves the right to accept or reject any application without assigning any reason whatsoever.
BRAC Bank does not charge any fee at any stage of the recruitment process.
Application Deadline: Sep 17, 2024 |