Recovery Officer, South-South

4 days ago

Nigeria First Bank of Nigeria Full time ₦1,500,000 - ₦3,000,000 per year
Description
  • Recovery of delinquent accounts and reduction of bad debt portfolio.
  • Driving recovery process at both designated locations and SBU.
  • Conduct frequent recovery drives against recalcitrant debtors.
  • Engagement of focused and result-oriented Agents to work on debt recoveries.
  • Court attendance to monitor pending recovery cases in Court.
  • Collateral inspection of mortgaged assets.
  • Foreclosure on assets of debtors who are unwilling and /or unable to pay their debts.
  • Review and recommendation to Management on repayment plans submitted by Customers.
  • Work with the Court and Law Enforcement Agencies on Bank's mortgaged assets being occupied by trespassers.
  • Initiate, monitor and follow up on petitions against fraudulent debtors to the Law Enforcement Agencies. 
  • Rendition of weekly, monthly, quarterly and yearly recovery reports and updates to Management.
  • Provide the required clearance on Camsol/Camac confirmation.
  • Posting recoveries made by customers and charging off concluded accounts. 
  • Maintain the security of all information entrusted to the staff.
  • Any other job that may be assigned

Job Requirements: 

  • First degree in Law is REQUIRED plus any other additional qualification.
  • Minimum of 2 – 6 years of banking experience in a similar role.
  • Relevant qualifications would be an added advantage 

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