J&K Bank jobs for Recovery Agent in Jammu. Last Date to apply: 25 Oct 2021
Job Description
J and K Bank invites application for the position Recovery Agent
Applications are invited from Retired J&KBANK Officers for engagement as Recovery Agents (on contract) fulfilling the below criteria:
1. Post Name: Recovery Agent
2. Number of Posts: 34 (Thirty Four) for below identified cluster offices of the Bank
3. Contract Tenure: One Year Subject to satisfactory performance and quarterly Appraisal/Review. (There will not be any renewal of engagement on completion of the contract. A fresh empanelment exercise will be undertaken after one year.)
4. Job Role: Assisting Impaired Asset Portfolio Department at Cluster Offices in Follow Up of the Potential NPAs and recovery of the NPAs.
5. Qualification: Graduation in any Discipline from a recognised University
6. Work Experience:
i) Honourably Retired Officer of JK Bank.
ii) Should have Sound knowledge of Credit/Recovery and having worked as Business Unit Head, or as Manager Credit or have experience in Credit/ Recovery Department of the Bank.
7. Remuneration: Rs. 25000/- PM
8. Conveyance Allowance: Rs. 3000/= to 4000/=PM depending upon location of the Business Units and area of operation.
9. Working Hours: The working hours shall be from 10:00 AM to 5:00PM on all working days.
Age Limit:
AGE (as on 01/04/2021): 65 Years (maximum)
Job Particulars
Role hr admin
Education Any Graduate
Who can apply Experienced (3+ Years)
Hiring Process Face to Face Interview
Employment TypeFull Time
Job Id1324168
Job Category Govt Jobs , Bank , Recruitment
Locality Address
State Jammu & Kashmir
Country India
About Company
J&K Bank functions as a universal bank in the Union Territories of Jammu & Kashmir and Ladakh and as a specialised bank in the rest of the country. It is also designated as RBI’s agent for banking business, and carries out the banking business of the Union Territories of Jammu & Kashmir and Ladakh, besides collecting central taxes for CBDT.
J&K Bank follows a two-legged business model whereby it seeks to increase lending in its home territory which results in higher margins despite modest volumes, and at the same time, seeks to capture niche lending opportunities on a pan-India basis to build volumes and improve margins.
J&K Bank follows a two-legged business model whereby it seeks to increase lending in its home territory which results in higher margins despite modest volumes, and at the same time, seeks to capture niche lending opportunities on a pan-India basis to build volumes and improve margins.
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