Manager Recovery jobs by HBFC

Full time @Jobs in Sindh in Private Sector
  • Head HRD, House Building Finance Company Limited, Head Office, 3rd Floor, Block-C, Finance and Trade Center, shahrah e Faisal Karachi, 74400 View on Map
  • Post Date : September 15, 2021
  • Apply Before : September 29, 2021
  • Salary: 80,000 PKRs - 90,000 PKRs / Monthly
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Job Detail

  • Experience 5 Years
  • Gender Male
  • Qualifications BS (Hons)

Job Description

Manager Recovery jobs by HBFC. Applications are invited for the following posts before the last date.

Job Positions

  1. Manager – Recovery

Qualification

  • Masters / 4-Year Bachelor’s degree in Business Administration/Public Administration, Finance, Accounting, Commerce, Economics or related field from HEC recognized institutions.

Experience

  • Minimum 5 Years

Responsibilities

  • Responsible for the reduction and recovery of Non-Performing Loans portfolio across the company in accordance with policy, in a timely manner, and in coordination with relevant departments.
  • Provide support to high ups in decision making and provide policy guidelines to field functionaries to make recoveries/ settlements / re-scheduling from default non-performing loans (NPLs) under various schemes enforcing securities under the covenant of Recovery Ordinance-2001 / filing recovery suit etc.
  • Monitor the performance of recovery collectors in achieving Recovery targets.
  • Assist supervisor in the progress of overall recovery performance of the Company in new schemes through an effective plan/strategy for realizing the stuck-up loans from the defaulters.
  • Prepare separate result-oriented strategies for all categories of NPLs and implement them successfully.
  • Provide guidance to recovery collectors for achieving their targets of recovery of non-performing loans (NPLs).
  • Coordinate with the Legal department for effective handling of legal issues/matters.
  • Meet/visit high-value clients to recover stuck-up loan amounts.
  • Propose required training for recovery collectors.
  • Ensure timely preparation of various recovery reports.
  • Organize and facilitate workflow to ensure maximum efficiency.
  • Any other task as assigned by the supervisor.

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Required skills

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