Head Of Risk and Recovery (Microfinance) – 2,500,000 – Local Company

Team 11 (VAC)
Job Overview

Job Location: Hlaing Township
Type of Business/Product: Microfinance
Gender: Male /Female (1)

Job Ref No.: 11P764
Salary: 2,500,000/-Kyats

 

Job Requirements

  • At least 5 years of working experience in Microfinance field at the senior role.
  • Incumbent should show the capabilities to lead overall branch manager’s team and a
    bunch of people at head office.
  • Any Graduate (MBA is preferred)
  • Education background in fields relevant to MFI or Banking operation would be an
    advantage.

 

Job Descriptions

  • Lead overall Risk Management functions, with supervision to all risk officers, credit
    underwriters and audit executives.
  • Engage in full credit underwriting process from reviewing the risk profile of each product
    portfolio. Develop, implement and monitor full credit risk acceptance criteria,
  • Support Group side for internal audit and coordinate to conduct a proper audit systems.
    Lead portfolio quality and product diversification analysis
  • Reassess loans in accordance to credit policy, monitors the departments KPI and report to
    the management team base on the Timely report submitted by Risk and Recovery Team
  • Set a recovery timeline for non-performing loans, lead and supervise the recovery process
    and deploy the necessary recovery strategy
  • In cases of doubtful loans, test and closely monitor the recovery process using (Recovery
    and Collection’s Net Flow, Repayment Trend Analysis, Vintage Analysis) and
    continuously reassess the loan and Risk Map.
  • Establish relationships with Credit Associations, MMFA, Credit Bureau to familiarize
    oneself with risk mitigation and prevention measures
  • Advise on the loan operation process and check on the compliance of rules and
    regulations, standards and rates set by MFI laws and FRD
  • Implement Credit Policy and cooperate on the developments of policy and operation
    procedure for new products
  • Report to the management team on the assessment results of compliance on Financial
  • Policy and Procedures, Credit Policy and the immediate correction actions and plans in
    case of violations
  • Provide trainings to all branches on identification, prevention and preparation actions
    regarding fraud cases
  • Lead, monitor and close the recovery cases which requires filing legal cases with the
    relevant legal departments
  • Document the Key Function Documents which may include business policy and legal
    cases related documents

 

Working Hours: 9:00 AM to 5:30 PM
Holidays: Sunday & Public Holiday

 

How to Apply: Please email cv@vacjobsearch.com with your Microsoft Word CV file and job title and job ref no. in the subject line.
Hotline: 01-8395911,09-765395911

 

 

Job Detail
  • Offerd Salary2,000,000 - 2,500,000 MMK
  • Career LevelTop-level Management
  • Experience5 Years
  • GenderBoth
  • INDUSTRYBank / Microfinance
  • QualificationBachelor
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