Degree in BSc. /Business Administration/ Management from a recognized University or institution, Having a diploma in Credit Management/ Integrated Risk Management.
DUTIES AND RESPONSIBILITES
Formulate collection and recovery strategy for the lending portfolio of the company and ensure its implementation.
Monitor Non Performing facilities and Recover of Non Performing facilities through the Litigation process while arranger Reschedule credit facilities and provide amicable settlement plans to nurse problem facilities
Drive the collection operation across all buckets and meet collections and recovery target timely and reduce the NPL ratio.
Conduct detailed portfolio analysis on all lending portfolio arrears and institute the collection process accordingly.
Liaise with an outsourced collection / external law firms in order to manage the end to the end collection process.
Develop analytical tools, systems and processes in line with industry best practices and governance framework provided by the central bank of Sri Lanka.
Devise strategies to improve competency level of Collection team and to empower them.
Attending for the fiscal Auctions and Pirate Auctions and Act as the official witness of the Company to lead evidence in courts.
QUALIFICATIONS AND REQUIREMENTS
12 -14 years of overall experience in collection and recovery functions in the banking and finance industry.
Degree in BSc. /Business Administration/ Management from a recognized University or institution.
Having a diploma in Credit Management/ Integrated Risk Management.
Having an MSC/ MBA will be an added advantage.
Exposure to collection systems and monitoring tools.
Excellent communication skills and strong decision-making skills.
Sound skills in computer/ MS Office package and business communication.