
Debt Collection Manager
5 days ago
Responsibilities:
- Arrange settlement of NPL accounts and achieve targets for cash recovery and regularization.
- Review securities, collateral titles, valuations, and documentation perfection of assigned NPL portfolio.
- Visit manufacturing facilities, business premises, and assets under lien or charge as required.
- Maintain regular follow-up with borrowers through meetings, negotiations, and persuasion to explore settlement possibilities.
- Initiate proposals for settlement, restructuring, rescheduling, write-off, or waiver in line with SBP criteria and bank policy.
- Liaise with advocates for litigation initiation and follow up on litigation cases to achieve legal foreclosure or favorable results.
- Ensure all legal suits are pursued and represented by ABL counselors, and record progress and recovery efforts properly.
- IDentify and attach borrower's assets or properties where adequate collateral is not available.
- Adhere to Bank's approved policies, SBP prudential regulations, and applicable laws relating to management and recovery of NPL portfolio.
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