Habib Bank Limited

• Bachelor/Honors
• Masters
• Bachelor`s or Master`s degree from a recognized institution.
• A Law degree and experience in handling legal recovery matters will be considered an added advantage.

• 5 to 7 years
• The applicants should have experience in the following business area(s): Banks

Experience: • 5-7 years of relevant professional experience in recovery, remedial management, litigation, or related banking functions.

Habib Bank Limited (HBL), a leading regional bank operating in Bangladesh, is seeking an experienced banking professional for the position of Manager - Structured Credits.The incumbent will be responsible for managing the recovery and resolution of defaulted loans and advances by developing, recommending, and implementing customer-specific recovery strategies and action plans. The role involves overseeing recovery, restructuring, settlement, and legal recovery processes while ensuring full compliance with the Bank`s credit policies and applicable regulatory requirements.Job Responsibilities: • Develop and implement recovery strategies and action plans for delinquent and classified accounts in consultation with the Head of Risk Management.
• Negotiate and process restructuring, rescheduling, settlement, waiver, and write-off proposals in compliance with Bank policies and regulatory guidelines.
• Prepare credit memoranda and recommendations for approval by relevant authorities.
• Monitor recovery efforts and ensure timely execution of approved settlement and recovery plans until full and final resolution.
• Maintain regular communication and follow-up with defaulting borrowers through meetings, visits, correspondence, and other recovery initiatives.
• Initiate and coordinate legal actions against defaulting customers, ensuring timely approvals and accurate legal documentation.
• Coordinate with courts, regulatory bodies, law enforcement agencies, and other stakeholders as required to expedite recovery and resolution of defaulted accounts.
• Liaise with external legal counsel and monitor litigation progress to safeguard the Bank`s interests and facilitate early resolution of cases.
• Prepare and provide periodic status updates and management reports on recovery actions, legal proceedings, and portfolio performance.
• Ensure adequate loan loss provisioning is maintained in accordance with internal credit policies and regulatory requirements.
• Prepare and submit regulatory reports, management information system (MIS) reports, and other statements required by Head Office, regulators, and senior management.
• Monitor compliance with approved recovery strategies, regulatory directives, and internal policies related to problem asset management.
• Support the achievement of recovery and portfolio quality targets through effective monitoring and proactive account management.
Location: Dhaka, Bangladesh (subject to transfer to any other location within the country)