Head of Special Asset Management
Job Type | Full Time |
Job Sector | Bank/ Non-Bank Financial Institution |
Job Location | Not Specified |
Deadline | 06 February, 2021 |
Key Qualifications:
- Post-Graduation preferably in Banking & Finance/ Marketing/ Economics/ Business Administration or other related discipline from a reputed university
- Having MBM/ MBA from public universities will be preferred
- Minimum 10/15 years of experience in Corporate Banking at a senior executive position
- Having in-depth knowledge of banking operations, Finance, Control and Risk Management and Asset liability management
- Having in-depth knowledge on banking regulatory framework and guidelines on Asset Liability Management
- High success records in management of classified assets of financial institutions, preferably private bank
- Having excellent analytical skills as well as sound computer literacy
- Able to work under pressure and have positive mind-set
- Age should not be more than 50 years as at the time of application
Job Responsibilities:
- Monitor recovery/regularization/rescheduling of Classified Loans/NPL portfolio in line with banking laws and practices, policies & procedures
- Supervise the overall asset management process and ensure positive outcome
- Establish and implement effective policies for management of classified assets of the bank
- Direct and coordinate with internal & external legal counsels in dealing with classified accounts to ensure implementation of best legal strategies
- Develop staff with appropriate qualifications & skills for management of classified assets
- Provide support, advice & guidance to the branches in recovery of the classified loans
- Maintain liaison with clients, other creditors, consultants and regulatory bodies as required to ensure efficient asset management of the bank
- Formulate Budget for annual expenses of special asset management to ensure recovery at minimum costs & maximum profit
- Monitor proper utilization of budget for special asset management and maintain the quality of risk assets and ensure periodic review
- Implement the policy, guidelines, and circular of Bangladesh Bank as to Asset and Liability Management
- Ensure compliance with internal policies and procedures and regulatory requirements with Bangladesh Bank
- Assist and give regular update to Asset Liability Management Committee (ALCO)
- Coordinate with other divisions/branches when required