FTS Management & Collection Specialist at First Bank

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
3 years ago

Additional Details

Job ID
11717
Job Views
101

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


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