Job Title: Recovery Unit Head

Job Grade: First Assistant Vice President to First Vice President

Job Location: Corporate Office

Purpose of the job:

Job description/Responsibilities:

• Supervise and monitoring of all CL and Write-off accounts all the Branches.
• Formulate recovery strategy against CL and Write-off borrower of the allocated Branches and follow through for execution.
• Visit the branches and defaulted borrowers and related collateral security of the borrowers under the jurisdiction and submit report and arrange meeting as required.
• Meeting with the Branches and sharing opinion regarding classified loans and future course of action.
• Conduct negotiation with all defaulter borrowers of the above branches for settlement of classified loans and guide the branch.
• Any other tasks which is assigned by management from time to time.

Skills and Competencies:

• Strong negotiation and interpersonal skills.
• Proficiency in financial documentation and reporting.
• Smart, Team Player, Paired with agile mindset and can-do attitude.
• Knowledge of land and mortgage laws and procedures.
• Analytical mindset with attention to detail.

Educational Qualification: Post- Graduation in any discipline preferably in business background with good academic record from any reputed University having no 3^rd division/class or CGPA less than 2.50 in any examination.

Job Experience: Minimum 08-12 years’ of working experience in the related field in any reputed private commercial bank/ Non-bank financial institutions (NBFIs).

Apply Instructions: Application deadline is January 26, 2025.

Apply online: https://jobs.bdjobs.com/jobdetails.asp?id=1330073&fcatId=2&ln=1

We are an equal opportunity employer, however Bank Asia reserves the right to accept or reject any application without assigning any reason whatsoever. Any persuasion and falsification shall be treated as disqualification.

Attractive remuneration will be offered to the deserving candidates as per Bank’s policies.

Job Title: Recovery Unit

Job Grade: Assistant Officer to Senior Executive Officer

Job Location: Corporate Office

Purpose of the job:

Develop and implement strategies that enables us to intervene at the earlier stage of a classified loan by utilizing all of our recovery tools.

Job description/Responsibilities:

• Manage and monitor a portfolio of non-performing and written-off loans.
• Develop and implement effective strategies to recover outstanding amounts while preserving client relationships where possible.
• Conduct detailed analysis of defaulted accounts to identify the root causes of non-performance.
• Implement innovative recovery techniques, including litigation, settlements, and asset liquidation.
• Engage with customers and branches to establish mutually acceptable repayment terms.
• Identify prospective buyers to facilitate the sale of mortgaged properties and recover debt efficiently.
• Collaborate with borrowers to assess repayment capacity and propose appropriate restructuring solutions.
• Negotiate settlement terms, repayment schedules, and legal agreements to maximize recovery.
• Maintain professional and empathetic communication with defaulting clients to understand their financial situations and identify mutually beneficial solutions.
• Build strong relationships with legal teams, consultants, and third-party recovery agencies.
• Track and assess branch performance regarding delinquent accounts.
• Initiate timely actions to recover outstanding payments.
• Visit customer business premises, residential addresses, mortgaged properties, Tahsil offices, and other relevant locations to verify and collect information.
• Keep detailed records of customer interactions, account status updates, and branch reports.
• Ensure all documentation is accurate and up-to-date.
• Draft board memos, management reports, and office memos for settlement approvals.
• Issue sanctions to branches or clients post-approval from the management or board.
• Compose and dispatch reply letters, reminder notices, and other correspondence as required.
• Proactively identify cases requiring legal intervention and coordinate with the legal department to initiate appropriate legal actions for the resolution of delinquent accounts.
• Escalate unresolved cases to the legal department for necessary action.
• Provide assistance to the MIS and legal departments to enhance recovery efforts and ensure operational excellence.
• Support the execution of arrest warrants when required.
• Investigate and resolve issues related to land and mortgage properties by liaising with relevant offices and departments.
• Conduct thorough investigations of land and mortgage-related matters by coordinating with relevant land offices and departments to ensure accurate resolution and compliance with regulatory requirements. Evaluate collateral values and assess the viability of recovering through asset realization.
• Prepare and analyze recovery reports for departmental use.
• Summarize branch activities and performance.
• Stay updated on industry trends and best practices to optimize recovery processes.

Skills and Competencies:

• Strong negotiation and interpersonal skills.
• Proficiency in financial documentation and reporting.
• Smart, Team Player, Paired with agile mindset and can-do attitude.
• Knowledge of land and mortgage laws and procedures.
• Analytical mindset with attention to detail.

Educational Qualification: Post- Graduation in any discipline preferably in business background with good academic record from any reputed University having no 3^rd division/class or CGPA less than 2.50 in any examination.

Job Experience: Minimum 2-8 years’ of working experience in the related field in any reputed private commercial bank/ Non-bank financial institutions (NBFIs).

Apply Instructions: Application deadline is January 26, 2025.t

Apply Link:  https://jobs.bdjobs.com/jobdetails.asp?id=1330067&fcatId=2&ln=1

We are an equal opportunity employer, however Bank Asia reserves the right to accept or reject any application without assigning any reason whatsoever. Any persuasion and falsification shall be treated as disqualification.

Attractive remuneration will be offered to the deserving candidates as per Bank’s policies.

Job Title: MIS & Reporting

Job Grade: Assistant Officer (AO) to Executive Officer (EO)

Job Location: Corporate Office
 

Purpose of the job:

Ensuring the accuracy and timeliness of Management Information Systems (MIS) and reporting. Collaborating with various departments to gather and analyze data. Implementing reporting tools and dashboards for enhanced data visualization.

Job description/Responsibilities:

• Prepare quarterly Classified Loan (CL) statements, calculate provisions, and maintain interest suspense for respective classified loan accounts.
• Proper & timely submission of all types of Statements/Returns for Bank’s Higher Authority, Bangladesh Bank, Internal & External Auditors as well as Local & Foreign Correspondent of the Bank.
• Prepare detailed reports for large loan restructuring under BRPD-4/2015.
• Generate reports for classified loans of 100 crore and above under BRPD-06/2019.
• Manage statements for Write-Off (WO) recoveries under BRPD-04/2024.
• Assist in the Annual Comprehensive Audit by Bangladesh Bank, internal audits (ICCD), external audits, and other periodical audits.
• Provide detailed reports for rescheduled loans and ensure compliance with regulatory requirements.
• Prepare statements for CRMR, MRMR, ISS, and Quarterly Risk Reporting (QRR).
• Collaborate with relevant teams to provide accurate data and analysis for decision-making.
• Utilize advanced MS Excel for data analysis, reporting, and visualization.
• Ensure the accuracy and timely submission of all required reports to internal and external stakeholders.
• Office Applications: Advanced proficiency in MS Word, MS Excel, and MS PowerPoint.
• Typing Skills: Proficient in freehand typing in both Bangla and English.      
• Advanced proficiency in MS Word, MS Excel, and MS PowerPoint.      
• Proficient in freehand typing in both Bangla and English.

Educational Qualification: Post- Graduation in any discipline preferably in business background with good academic record from any reputed University having no 3^rd division/class or CGPA less than 2.50 in any examination.

Job Experience: Minimum 2-6 years’ of working experience in the related field in any reputed private commercial bank/ Non-bank financial institutions (NBFIs)

Apply Instructions: Application deadline is January 26, 2025.s

Apply link: https://jobs.bdjobs.com/jobdetails.asp?id=1330064&fcatId=2&ln=1

We are an equal opportunity employer, however Bank Asia reserves the right to accept or reject any application without assigning any reason whatsoever. Any persuasion and falsification shall be treated as disqualification.

Attractive remuneration will be offered to the deserving candidates as per Bank’s policies.

Job Title: Law Officer

Job Grade: Unit Head (Up to VP)

Job Location: Corporate Office, Dhaka

Purpose of the job:

To perform tasks related to legal affairs and corporate governance of the bank.  

Job description/Responsibilities:

• Ensure filing of all suits/cases within the limitation period.
• Drafting and serving of legal notice under Artha Rin Adalat Ain, N.I. Act and under section 17 of Bank Company Act whenever required.
• Checking the draft plaints, applications, written objections, petition of complaints etc. in respect of Artha Rin Suits/N.I. Act cases filed against the defaulter borrowers as well as GDs, FIRs to be filed against the customers/bankers involved in misappropriation of funds/criminal breach of trust.
• Monitoring of all types of litigations (i.e. Artha Rin Suit, N.I. Act Cases, Petition/CR cases/Sessions Cases under the Penal Code, Civil/Title/other Suits, writs/company matters/admiralty suits/CP/CMP/CRMP etc.) including criminal case filed against the employees of the bank and suits/cases filed against the bank for expeditious disposal of the same.
• Maintaining liaison with panel lawyers/legal retainers of the bank and evaluate their performances periodically and recommending for enlistment/de-enlistment thereof
• Assisting the branch officials in filling out the charge documents, submission of document before the court at filing/trial stage of the suit/case, taking preparation for deposition before the Court
• Drafting and publishing auction notice under section 12, 33(1), 33(4), 33(5), 33(7) of Artha Rin Adalat Ain, 2003 whenever required
• Vetting of property documents offered as security against credit facilities or be rented/purchased by the bank for utilization of business operations purpose.
• Drafting/checking of various types of agreements/MoU/SLA etc. to be entered with vendors/strategic partners/3^rd parties
• Arrange mutation of bank’s property acquired under section 33(7) or purchased from seller upon procuring necessary deeds/khatians/maps etc.
• Providing legal opinion on any disputes arising out of day-to-day operational issues
• Advising next course of action of the bank involving legal issues or way forward to come out of any complex situation having legal issues.
• Taking steps for obtaining certificate under section 33(5)/33(7) of Artha Rin Adalat Ain, 2003.
• Preparing statement of accounts inserting unapplied interest in the body of the statement
• Deposition before the Court in support of the plaint and submission of all the documents in the Court as listed in the plaint as “Exhibit”.
• Checking the draft affidavit-in-opposition and swear on the same to be filed against the Writ Petitions, CP/CMP, Criminal Miscellaneous Cases etc. filed by the borrower against the Bank’s legal proceedings and take necessary steps for expeditious disposal of the same by engaging Senior/Exert Lawyer for vacating Stay Orders.
• Procuring title deeds, Khatians, porcha for the property detected for attachment.
• Drafting and Checking various types of commercial agreements/MoU/SLA etc. to be entered into with business partners/vendors/3^rd parties.
• Reply to Bangladesh Bank/other regulatory authorities/banks/FIs against their letters/queries/claims/allegations in terms of legal issues and compliance thereof.
• Apply to the A/C Land for cancellation of mutation of 3^rd parties created after mortgage with bank.

Educational Qualification: Must have L.L.B with L.L.M from any UGC approved reputed University having no Third class/Division in academic career. Enrollment as a member of Bar council will be given preference.

Job Experience: At least 14 (fourteen) years’ of experience in the Civil, Corporate and Criminal cases in Judge Court/ High Court/ Supreme Court where at least 03 years’ experience in reputed commercial banks/FI preferably in Legal Department.

Apply Instructions: Application deadline is January 26, 2025.

Apply link: https://jobs.bdjobs.com/jobdetails.asp?id=1330058&fcatId=2&ln=1

Only shortlisted candidates will be called for interview. Bank Asia reserves the right to accept or reject any application without assigning any reason whatsoever. Bank Asia is an equal opportunity employer.

Job Title: Credit Analyst-Recovery Unit

Job Grade: Senior Officer to Assistant Vice President

Job Location: Corporate Office

Purpose of the job:

Evaluating the financial health of a Credit portfolio and determine the financial risks associated with a potential client and prepare the memo regarding non-performing and written-off loans.

Job description/Responsibilities:

• Preparation of rescheduling, settlement, and write-off memos in line with relevant BRPD Circulars and the bank's internal policies.
• Maintain detailed records of approvals and rejections, ensuring proper documentation of execution or non-execution status.
• Update and manage the Kaccha Register for written-off accounts with accuracy and timeliness.
• Prepare comprehensive reports for both internal and external stakeholders, ensuring they meet required standards.
• Summarize branch reports and perform in-depth analyses to support departmental objectives.
• Stay informed on industry trends and incorporate best practices into reporting processes.
• Respond to daily internal and external correspondence with precision and ensure timely submission.
• Maintain a record of all correspondence for audit and operational purposes.
• Work closely with team SAMD team members to achieve organizational goals and provide support for recovery efforts.
• Execute any additional responsibilities assigned by management as needed.

Skills and Competencies:

• Strong negotiation and interpersonal skills.
• Proficiency in financial documentation and reporting.
• Smart, Team Player, Paired with agile mindset and can-do attitude.
• Knowledge of land and mortgage laws and procedures.
• Analytical mindset with attention to detail.

Educational Qualification: Post- Graduation in any discipline preferably in business background with good academic record from any reputed University having no 3^rd division/class or CGPA less than 2.50 in any examination.

Job Experience: Minimum 5-10 years’ of working experience in the related field in any reputed private commercial bank/ Non-bank financial institutions (NBFIs).

Apply Instructions: Application deadline is January 26, 2025.

Apply link: https://jobs.bdjobs.com/jobdetails.asp?id=1330075&fcatId=2&ln=1

We are an equal opportunity employer, however Bank Asia reserves the right to accept or reject any application without assigning any reason whatsoever. Any persuasion and falsification shall be treated as disqualification.

Attractive remuneration will be offered to the deserving candidates as per Bank’s policies.