Job Posted Date: 06/Aug/2022
Job Category: Banking
Vacancies Title: Regional Recovery Manager/Incharge
Total Vacancies: Multiple
Last Date To Apply: 22 August 2022
Education Required: Master preferably in Business Administration or any other discipline.
Experience Required: Minimum 8-10 years’ of relevant experie
Age Limit: N/A
Organization / Department Name: Pak Oman Microfinance Bank
Telephone: +92 21 35172381-5
How to Apply for this job:
- Facilitate in formulation of Bank’s Collection & Recovery policy in compliance with SBP regulations.
- Formulate and execute regional strategies that help in successful implementation of Recovery Policy.
- Develop tools & techniques for effective monitoring and recovery of NPLs.
- Facilitate in preparation of Recovery Manual and ensure its complete implementation.
- Allocate challenging yet realistic recovery targets to Recovery Officers, Branch Managers & CROs.
- Ensure & strive hard that recovery targets are met as set by the Management / Board.
- Ensure recovery of write-off portfolio and maintain the level as per the minimum threshold set by the Management / Board.
- Ensure process improvement / efficiency in collection / recovery process in order to contribute towards profitability.
- Ensure recovery processes are in line with the Business and Audit requirements.
- Evaluate / review collection / recovery performance and monitoring of recovery officers.
- Regularly visit high value delinquent and aged accounts.
- Strategize litigation activities with the Legal team of the Bank.
- Coordinate with local authorities over legal and other recovery measures taken by the Bank.
- Ensure timely preparation and delivery of reports requested by the Management including branch wise Progress Report, NPL analyses report and staff performance related reports.
- Develop a comprehensive report for lawyers or for Legal Department when required.
- Train, Coach and mentor all ROs in order to increase their capacity.
We are an equal opportunity employer and value talent diversity at our Bank. We do not discriminate on the basis of age, color, gender, marital status, race, religion, or disability status. Therefore, all qualified candidates are welcomed and encouraged to apply for this position.
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