Job Title: Senior Executive – Recovery (Farmer Finance)

Company: iFarmer Limited

Department: Finance & Accounts

Position: Senior Executive – Recovery (Farmer Finance)

Location: Chuadanga, Jamalpur, Bogura, Naogaon, Rajshahi, Dinajpur, Rangpur

Employment type: Permanent (Full-time)

Key Job Responsibilities

1. Pre-Financing Verification & Risk Assessment

• Conduct independent field verification of farmers to assess identity, farming activities, financial condition, and repayment capacity.

• Review credit history, repayment behavior, financing requirements, and potential risk factors before financing approval.

• Verify submitted information and identify high-risk or potentially fraudulent applicants.

2. Portfolio Monitoring & Risk Identification

• Monitor assigned farmer portfolios throughout the financing cycle to identify potential repayment risks.

• Conduct regular field visits to verify farming activities, financing utilization, and repayment readiness.

• Identify early warning signs, including crop losses, financial difficulties, and irregular repayment behavior.

3. Recovery & Overdue Management

• Ensure timely follow-ups with farmers before and after financing maturity to facilitate on-time recovery.

• Manage overdue accounts through structured follow-ups, field visits, and effective recovery strategies.

• Identify reasons for repayment delays, negotiate realistic repayment commitments, and minimize potential bad debts.

• Develop recovery action plans for critical and long-overdue cases.

4. Fraud Detection & Risk Control

• Identify and investigate suspicious activities, including fake farmers, fund diversion, unauthorized collection, and misuse of financing.

• Verify recovery records and investigate discrepancies involving field-level collection and deposit activities.

• Escalate suspected fraud, operational irregularities, and potential financial losses to the Recovery Manager.

5. Reporting & Documentation

• Maintain updated records of farmer verification, repayment commitments, overdue accounts, and recovery progress.

• Monitor recovery performance, overdue aging, and zone-wise portfolio status through approved tracking systems.

• Prepare periodic reports highlighting recovery performance, high-risk accounts, and critical issues.

6. Cross-Functional Coordination

• Coordinate with Farmer Finance Operations, Finance Control, and field teams to strengthen portfolio monitoring and recovery.

• Share field verification findings, repayment updates, and critical case information with relevant stakeholders.

• Escalate critical overdue and potential bad-debt cases through the Recovery Manager for timely intervention.

  
  

Educational Requirements

• Bachelor's degree in Business Administration, Finance, Accounting, Management, Agriculture, Economics, or any other relevant discipline.

• Candidates with relevant professional certifications or additional training in credit management, microfinance, or financial risk management will receive preference.

  
  

Experience Requirements

• 3–5 years of relevant experience in credit recovery, loan collection, microfinance institutions (MFI), banking, NBFIs, agricultural financing, or field operations.

• Experience in farmer-level financing verification, credit assessment, portfolio monitoring, and overdue recovery will be an added advantage.

• Candidates with experience managing geographically distributed field operations and recovery portfolios will be preferred.

  
  

Required Skills & Competencies

• Strong negotiation, communication, and interpersonal skills to manage farmer relationships and handle overdue recovery cases effectively.

• Good understanding of credit assessment, loan recovery processes, delinquency management, and financial risk identification.

• Strong analytical skills with the ability to assess repayment behavior, identify risk patterns, and investigate irregularities.

• Ability to conduct independent field investigations, validate information, and make evidence-based recommendations.

• Proficiency in MS Excel, Google Sheets, and digital reporting or portfolio management systems.

• Strong ownership, accountability, integrity, and problem-solving capabilities.

• Ability to work independently under pressure and manage multiple recovery cases across assigned territories.

  
  

Additional Requirements

• Willingness to travel frequently within the assigned geographical zone.

• Comfortable working extensively in the field and communicating directly with farmers and local stakeholders.

• Ability to manage challenging recovery situations while maintaining professionalism and ethical collection practices.

  
  

Pay & Perks:

• Competitive salary package

• TA/DA for Field Visits

• Annual salary review

• Festival bonus

• Comprehensive health insurance coverage

• Friendly, collaborative, and inclusive work environment

• Indoor & outdoor sports and recreational activities

• Opportunity to work with dynamic and cross-functional teams

• Culture that encourages learning, growth, and innovation

  
  

Apply Procedure:

If you think you are suitable for the position, you are requested to send your CV to career@ifarmer.asia by mentioning "Application for Senior Executive, Recovery (Farmer Financing)" in the subject line.