Job Title: Collections & Recovery Head
Job Type: Permanent
Location: Lahore
Minimum Education: Education: Graduation, preferably Masters
Minimum Requirement:
- 8-10 years of relevant experience
- Basic understanding of Collection Systems and new debt collection softwares
- Sound knowledge of local laws and regulations with respect to lending and legal processes
- SExcellent verbal, communication, analytical, numerical and MIS skills
- Consistent delivery of high levels of results, use of constructive credit management techniques to exceed multiple, challenging performance objectives
Key Responsibilities:
- Managing and performing necessary accounts-related activities, including contacting delinquent accounts through the appropriate means, taking appropriate actions to cure delinquencies, analyzing members
- financial situations, managing collaterals from repossession through to liquidation and bankrupt account management.
- Manage a portfolio of clients whilst developing and maintaining new commercial opportunities and taking opportunities to sell the services that the Bank offers.
- Providing support to establish management tracking and reporting activities and metrics to enhance transparency and efficiency.
- Collaborating with other stakeholders to develop and modify collections policies and procedures to comply with legislation, regulations, and other legal developments that affect collection responsibilities.
- Maintaining delinquency / credit loss / recovery at budgeted levels though implementation of processes, procedures and guidelines.
- Ensure implementation of credit policies and risk management strategies for effective portfolio management.
- Lead the Collection & Recovery teams and visit highly delinquent and aged accounts for recovery to ensure achievement of assigned recovery targets
- Actively assist in development, updation and management of portfolio MIS for effective portfolio tracking as well as identifying & mapping risk triggers to assist the business in achieving the optimum risk reward equation.
- Implementing new strategies and tactics to improve collections and recovery performance, training and coaching staff to improve performance.
- Provide guidance to other Departments and Branches of the Bank on all aspects of problem loan recognition and management.
TO APPLY, EMAIL YOUR CV at careers@samba.com.pk
Last date for applications is 17 August, 2020. Female candidates are strongly encouraged to apply. Only shortlisted candidates will be contacted.
simply send us your CV at
careers@samba.com.pk