ICB Islami Bank Limited job circular 2020 – www.icbislamic-bd.com

Published on: 17 December 2020
Employment Status: Full-time
Experience: 5 year(s
Gender: Both males and females are allowed to apply
Job Location: Dhaka Division

Age: 40 years
Jobs Source : www.icbislamic-bd.com
Salary: Negotiable
Application Deadline: 30 December 2020
Educational Requirements: Master of Law (LLM)
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Job Context

• A shariah based commercial bank is looking for a dynamic individual for Investment Administration & Supervision Department (IASD).
• Mid Level Job
• Position will be offered to the deserving candidates on the basis of experience and competence.
• This position has an opportunity to Head the Investment Administration & Supervision Department (IASD) of the bank in future based on competency & evaluation.
• This position is responsible for oversight and administration of the investment (credit) function for the Company.

Job Responsibilities

• To ensure perfection of documentation in compliance with respective sanction terms.
• To ensure all security documentation are legally enforceable/valid.
• To ensure that the securities are perfected as per approval before utilization of facilities and duly insured where applicable and ensuring that all documents including facility advice letters and / or loan agreements are properly signed by the borrower’s authorized signatory in the required places, and ensuring that the signatures are duly verified.
• To ensure that investment (credit) approval is properly reflected in the facility documentation and that it follows the investment (credit) policies as amended from time to time.
• To ensure all required information is received and reviewed for accuracy before releasing facility documents.
• To ensure that ICBIBL is adequately protected at all times through complete, valid, continuing and legally enforceable documents offering valuable consideration for the approved facilities.
• To ensure adherence with ICBIBL’s lending policies and procedures, providing guidance when necessary, and making recommendations for enhancements as needed.
• To support Panel Lawyers and Investment (credit) Committee regarding vetting of documentation.
• To conduct the field and onsite visits to verify the proper usage of loan amount/security position.
• To track and monitor distressed loan portfolio,
• To ensure compliance of sanction terms/covenants including investment (credit) rating of all eligible customers.
• To monitor all loan/advances, documentation deficiencies, etc. for earliest perfection.
• To carry out other responsibilities as may be required time to time by the competent authority.

Additional Requirements

• Minimum 05 years’ practical experience of working in the Investment (credit) Administration Division of any reputed Bank.
• Candidates who have working experience in Centralized Investment (credit) Administration Division/Dept. will be given preference.
• Staying up-to-date with the regulatory laws governing the investment (credit) operation and the current industry trends to monitor performance of approved investment (credit).
• Candidates must be self motivated, target-oriented, able to work under pressure.
• Candidates should have a pleasant personality; be confident, sincere and proactive.
• Excellent interpersonal and communication skill and must be a team player.