We are recruiting to fill the position below:
Job Title: Team Member, Loan Recovery
Locations: Benin, Edo and Lagos
Department: Remedial Assets Management
Job Objective(s)
- Recovery of Non-performing accounts.
Duties & Responsibilities
- Liaise with Legal Dept. on recovery process.
- Liaise with External agents (Estate Agents & Valuers, External Solicitors, Debt Recovery agents, Private Investigators, SFU, EFCC).
- Lead negotiation team for major Recovery accounts.
- Liaise with Branch Leaders and Bank Heads on developing and implementing recovery strategies for non-performing accounts
- Recommendation of interest waivers, concessions, write offs and classification of non-performing accounts.
- Supervise the work performance of Teams.
- Attend court sessions in relation to accounts in Litigation
- Render various reports on recoveries made on non-performing accounts monthly.
- Marketing and selling of Collateral of Non-performing accounts.
- Any other duties as assigned by either Supervisor or Divisional Head.
Requirements
Qualification:
- Minimum educational level – Bachelor’s Degree in Social Science or Humanities or HND with a Master’s Degree
Experience:
- Minimum of 2 years on the role and 5 years in Banking
Key Competencies/ Knowledge:
- Ability to pay attention to detail.
- Good knowledge of the Bank’s Banking Software.
- Strong ability to interpret and reconcile accounts.
- Good Knowledge of Bank Credit Policy and general economic trends in the country.
- Good knowledge of Microsoft Excel.
- Excellent negotiation and bargaining skills.
- Strong analytical skills.
- Excellent organizational skills.
- Good record keeping / file keeping and documentation skills.
- Excellent interpersonal skills.
Application Closing Date
Not Specified.
Deadline: December 31, 2023
Job Features
Job Category | Team Lead |