The First Microfinance Bank – Afghanistan (FMFB-A) started its operation in 2004 and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in over 15 countries throughout the developing world.

Job Summary

• The Recovery and Special Assets Management function is critical to prudently managing the bank’s non-performing loan (NPL) accounts; the incumbent of the position is responsible to fully support the Recovery Manager and field recovery staff on collection of past due accounts that are assigned to the recovery unit.   
   

The Support Recovery Officer will have responsibilities that include:

• Assists in the Recovery Manager and recovery team of all aspects of the bank’s NPL account recoveries.
• Upon transfer of a loan into Recovery, review loan for documentation and other deficiencies and evaluate status.
• Prepare monthly NPL account and recovery report documenting account status and impairment status. Prepare other management reports as required.
• Prepare notices letter, pre-negotiation agreements, reservation of rights, etc.
• Analyze financial condition and the credit status of borrowers and guarantors. Prepare financial statements of the customer to evaluate cash flows and the borrower’s/guarantor’s ability to repay the loan under current or modified repayment plans.
• Analyze collateral value. Review real estate appraisal reports, research current market data, business evaluation reports, accounts receivable audits, operating statements, etc.
• Assist Recovery Manager and monitor ongoing performance of the loans being paid under forbearances, settlements, modifications, etc.
• Maintain and update NPL files with appropriate documentation.
• Assist manager in all stages of the recovery process.
• Assist manager on appropriate impairment analyses, accrual and non-accrual determinations, reserves and charge-off recommendations
• Analyze data to help manager on reporting the financial deficiencies resulting from MF and SME NPL account, and maintain/retain data and records based on DAB’s asset classification and provisioning regulation.
• Closely work with Recovery Officers and provide full administration supports.
• Ensure adherence to policies, procedures, customer’s rights protection circular and other appropriate compliance measures in handling Special Assets accounts.
• Ensure timely reporting to the manager on exposure and potential losses, reserve amounts, and asset classification changes.

          Reporting Requirements:

• Prepare monthly report to the Management and stakeholders on special assets, collection and losses.
• Prepare quarterly report for the Risk Management Committee on special assets, collection and losses.
• Prepare Ad hoc report on financial losses, their impact and lessons learnt.

Job Requirment

• Bachelor degree in Business Administration and Economic or related to the field, with two years of experience or baccalaureates with three years of experience.
• The experience should be related to the field and similar to the position or experience in SME lending, data analyses and administration; preference will be given to candidates with experience SME lending and recoveries.
• Good knowledge of Secured Transaction Law on Movable property in banking transaction.
• Good knowledge of Law on Mortgage of Immovable Property in banking transaction.
• Good knowledge (or willingness to learn) of the DAB and Basle Committee rules and regulations pertaining to prudential risk management.
• Have good communication skill and presentation skill. 
• Have computer office package skill, calculation skill and analysis skill.
• Good command of local languages and English.
• Good computing and accounting skill. 

Submission Guideline

• If you meet the above requirements, we are encouraging you to apply for this position. Please send us your CV along with a cover letter via email at (vacancies@fmfb.com.af).
• Please make sure that your email includes the vacancy ID as the subject line.
• Note that, only the candidates who are meeting the requirements of the position will be shortlisted.

• For more information, Please visit the FMFB-A website: https://www.fmfb.com.af/careers.

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Country

Afghanistan

City

Kabul

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