Head of Recovery & SAMD

NRBC Bank PLC

  • Dhaka
  • Permanent
  • Full-time
  • 1 day ago
Responsibilities & Context:NRBC Bank PLC aims to support the financial well-being of the Nation along with enabling sustainable growth and inclusive development through its wide local network of branches, sub-branches, and outlets. Being a promising financial institution, NRBC Bank PLC is contributing towards socioeconomic growth in the country with an objective to transform the institution into a future-fit, agile and sustainable Bank.In line with the strategy, the Bank is looking for talented, dedicated and experienced professional(s) for the position of Head of Recovery & Special Asset Management Division (SAMD). The individuals who fulfill the basic-eligibility criteria below may apply:Rank: First Vice President (FVP) to Executive Vice President (EVP).Location: Head Office, Dhaka, Bangladesh.Key Responsibilities:Strategy Development: Design and implement effective strategies for debt collection, loan restructuring, and workout processes to maximize recoveries. Develop and execute comprehensive strategies for the management and recovery of non-performing loans and classified assets.Team Management: Lead, motivate, and manage a team of recovery specialists, ensuring they are equipped to meet targets and maintain performance standards.Portfolio Management & Reporting: Actively manage the bank's problematic loan book, including identifying and migrating at-risk loans. Implement effective early warning systems for potential asset quality deterioration. Submit reports on the portfolio, recovery efforts, and risk mitigation strategies to the authority.Stakeholder Management: Collaborate with internal departments and external stakeholders, including legal counsel and other relevant authorities, to resolve complex cases with a coordinated approach.Performance Monitoring: Monitor loan performance, provide management information, and recommend proactive measures to prevent loans from becoming non-performing.Dispute Resolution: Oversee the negotiation of payment plans and resolution of disputes with customers and clients. Negotiate and structure complex recovery plans, including restructurings, rescheduling, and legal actions.Special Asset Management: Strong understanding of country's banking landscape and proven expertise in distressed asset management. Overseeing all aspects of the bank`s special asset portfolio, including the identification, management, and recovery of non-performing loans (NPLs). Stay abreast of regulatory changes and industry best practices in special asset management.Compliance & Governance: To ensure compliance with Terms of References (ToRs), promoting honest and responsible behavior across the bank by following ethical codes and anti-corruption rules. Maintain accurate records for audits and regulatory reporting. Ensure all recovery activities are in line with local laws, regulations, and internal credit policies. Collaborate with compliance, risk, and internal control units to ensure aligned culture delivery.Education Requirements:
  • Master of Business Studies (MBS) in Finance & Banking
  • Master of Business Studies (MBS) in Accounting
  • Master of Business Studies (MBS) in Management
  • Master of Business Administration (MBA)
Master's degree (or equivalent) from reputed public university or UGC-approved / recognized private university in:Finance & BankingAccounting/EconomicsBusiness AdministrationMarketing or Management etc. required for the above role.Professional certification in CFA, FRM or any postgraduate degree in the related field is also highly appreciated for advancing their career.No 3rd Division/class in any academic record is allowed.Experience:
  • At least 15 years
  • The applicants should have experience in the following business area(s): Banks
Additional Job Requirements:
  • Age At most 55 years
Age Limit: (Maximum 55 years as on 30.09.2025)Skills and ExperienceProficiency in computer applications and data analysis.Strong analytical, negotiation, and problem-solving skills.Strong command of English and Bangla (spoken and written).Excellent communication, interpersonal, and presentation skills.Knowledge of relevant laws and regulations governing debt recovery.Solid understanding of the full credit lifecycle, from acquisition to recovery.High ethical standards and a strong commitment to corporate governance.Extensive knowledge of corporate laws, banking regulations and governance practices.Highest level of professionalism and should be able to work under pressure to meet strict deadlines.Proven track record of successfully managing large and complex portfolios of NPL and achieving significant recovery targets.Proven experience in leadership role, people management, ability to collaborate effectively with all levels of the organization, critical thinking abilities, and a strategic mindset.In-depth knowledge of banking laws, regulations, and prudential guidelines issued by Bangladesh Bank, particularly concerning loan classification, provisioning, and recovery.Minimum 15 years of progressive experience in credit risk, collections, or commercial lending with at least 5 years in a senior leadership role within Special Assets Management, Credit Risk Management, or a related field in a reputed Bank or Financial Institution.Compensation & Other Benefits:Financial Benefits: Negotiable/Competitive package based on qualifications and experience.

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