Recovery Officer, South-South at First Bank

Job Overview

Location
Lagos, Jigawa
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
114300
Job Views
108

Job Description

  • Application Deadline: Mon, 24 Feb 2025 00:00:00 GMT
  • Position: Recovery Officer, South-South


  • Job Type Full Time


  • Qualification BA/BSc/HND


  • Experience 2 - 6 years


  • Location Nigeria



  • Job Field Law / Legal 









Job 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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