The Premier Bank PLC
Join Us as the Head of Recovery at The Premier Bank PLC!
Dhaka
Deadline: 2025-09-30
1 Positions
Job Overview
Company: The Premier Bank PLC
Location: Dhaka
Type: FullTime
Salary: Negotiable
Posted: 2025-09-11
Experience: 15 Years
Education Requirements
4-years graduation from a reputed university; postgraduate degree preferred.
Job Responsibilities
- Lead and manage the Bank’s Recovery Division to ensure effective recovery of Non-Performing Loans (NPLs) and written-off assets.
- Formulate and implement recovery strategies and action plans to minimize defaulted exposures.
- Oversee branch-wise recovery performance, set recovery targets, and monitor achievement.
- Ensure proper compliance with Bangladesh Bank’s regulations, guidelines, and circulars relating to loan classification, rescheduling, and recovery.
- Liaise with Legal Division for legal actions, suit filing, and follow-up on pending cases.
- Maintain effective communication with defaulting clients for restructuring, rescheduling, and settlement of loans where feasible.
- Regularly review recovery MIS, analyze delinquent portfolios, and report to Management, Board, and Regulators.
- Build strong coordination with Credit Risk Management, Special Assets Management, and Business Divisions to control future NPLs.
- Supervise and guide recovery teams across branches and zones; ensure training and capacity building of recovery officers.
- Prepare periodic recovery reports for Senior Management and Board Committees.
- Undertake any special assignment from Management related to recovery and loan monitoring.
- Perform any other tasks assigned by the reporting line.
Required Skills
- Minimum 15 years of banking experience, with at least 3 years in recovery/loan workout/credit risk management at senior level.
- Strong exposure to NPL management, restructuring, rescheduling, and legal recovery process.
Benefits & Compensation
- Attractive compensation package including Group Insurance coverage
- A professional and friendly working environment
- Clear career progression opportunities
Job Description
The Premier Bank PLC, a leading Private Commercial Bank in Bangladesh with a vast network of 136 branches and 67 sub-branches, is on a remarkable growth trajectory. As we strive to enhance our services nationwide, we are seeking a dedicated and skilled professional for the position of Head of Recovery. This pivotal role will not only involve overseeing the recovery of Non-Performing Loans (NPLs) but also developing strategies to mitigate defaults, ensuring regulatory compliance, and maintaining essential communications with clients. The ideal candidate will embody the following responsibilities: Lead and manage the Recovery Division to ensure effective handling of NPLs and recovered assets. Devise and implement strategies to minimize defaulted loans. Monitor recovery performances across all branches and set achievable targets. Ensure compliance with Bangladesh Bank’s regulations regarding loan classifications. Collaborate with the Legal Division on recovery-related actions. Communicate effectively with defaulters for restructuring and resettlement of loans. Review recovery reports, analyze delinquent portfolios, and present findings to upper management. Facilitate training for recovery officers and oversee their performances. Prepare and present periodic recovery reports to senior management and committees. Engage in special assignments as directed by management related to loan monitoring. Undertake additional tasks as assigned by supervisors. Key Qualifications: A minimum of 4 years in a bachelor’s degree from a reputable university. A postgraduate degree and professional qualifications such as CFA or FRM will be advantageous. At least 15 years of professional experience in banking, with a strong emphasis on recovery and credit risk management. Demonstrated success in NPL management and legal recovery processes. Applicants must be 55 years or younger as of the application deadline. As part of our commitment to fostering a supportive work environment, we provide: Attractive compensation packages including Group Insurance. A friendly and professional work atmosphere. Opportunities for clear career progression. Location: Dhaka, Bangladesh Employment Type: Full Time Salary: Negotiable This position is ideal for someone who thrives in a challenging environment and demonstrates leadership skills. We encourage interested candidates to apply before the September 30, 2025 deadline. For those seeking a fulfilling career with a reputable bank striving for excellence, we invite you to take the next step in your professional journey!