APPLY MODHUMOTI BANK LOAN RECOVERY OFFICER

Loan Recovery Officer (Officer – FAVP)

Modhumoti Bank PLC.

Vacancy

   Not specific

Job Responsibilities

• 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.

Educational Requirements

• • Minimum Graduation in any discipline having no 3rd class in the academic career.

Experience Requirements

Minimum 3 Years

Additional Requirment

• • Must have good expertise in Microsoft Office as well as experience in handling core banking systems.
  • Unquestioned commitment to integrity and ethical decision-making.