Job Description
- Application Deadline: Fri, 22 Jul 2022 00:00:00 GMT
- Position: FTS Management & Collection Specialist
- Job Type Full Time
- Qualification BA/BSc/HND
- Experience 4 - 6 years
- Location Lagos
- Job Field Banking 
Duties & Responsibilities
- Carry out pre-approval physical visitation to markets bank-wide for market intelligence and risk assurance check across the SBUs
- Assist to engage the BUs on a regular basis to deliver training and enlightenment of FTS and all its variants to facility better understand of the product to avoid pitfall and process delays
- Carry out engagement and visitation of customers for assessment and profiling as part of risk assurance function to aid Management decision
- Carry out pre assignment review all FTS and variants applications across all SBUs on Fintrak
- Prepare and initiate the pre-approval recommendation for all FTS and variants transactions across the Bus before Management approval
- Carry out the periodic post approval visitation of FTS Management & Collection officers to customers shop for stock assessment as part of the monitoring strategies
- Make daily review of all active FTS and variants accounts to identify loan covenant default on accretion timelines FTS Management & Collection officers
- Carry out the tracking, preparation, and rendition of daily monitoring reports of all active FTS and variants across all the SBUs
- Render daily monitoring reports to the all the SBUs bank-wide where all red flags are duly noted and follow
- Initiate escalation of all loan repayment defaults and early distress account to the management of relevant SBUs for prompt action
- Provide weekly FTS and variants position report to the Team Lead
- Monitor follow-ups on repayment arrangements
- Monitor effective loan covenant tracking
- Carry out daily review of FTS and variants to identify expired and expiring accounts to activate the regularization engagement
- Supervise and monitor follow-ups on repayment arrangements
- Assist to implement collection strategies across the SBUs bank-wide
- Follow up active customers and escalate on account showing early signs of delinquency or accretion default
- Ensure effective loan collection and performance triggers monitoring
- Make daily report on all collection challenges
- Physical assessment of prospective First Trader solution customers
- Arrange regular visits/meetings with customers and to follow-up repayment arrangements
- Carry out bank-wide circularization and reporting on all security release applications
- As part of Bank’s Information Security requirements, maintain the security of all information entrusted to the staff and comply with the principles in the Information Security handbook
Job Requirements
Minimum Education:
- First Degree in relevant discipline
Experience:
- 4-6 years Banking experience